A 1400sq m prime piece of central Christchurch real estate has been placed on the market.
The site beside the new Sheraton Christchurch hotel, which is being redeveloped and is set to open in 2027, overlooks Cathedral Square.
The 1400sq m corner site at 47 Cathedral Square is being offered for sale by Emmons Developments New Zealand Ltd, part of the Mainland Capital and Russell Property Group partnership.
It has a rating value of $10.2 million.
The site also sits adjacent to a proposed new Carter Group development, earmarked for a hotel and mixed-use projects.
It features a 30m frontage along Worcester St and a 78m frontage onto Cathedral Square. It also has protected sight lines via height covenants, ensuring uninterrupted views north west over the Avon River.
The site is being sold by Colliers and has a deadline of Thursday, December 11.
-Allied Media
