Chris Jones from Bayleys Real Estate said the site in Lincoln's Earlsbrook development is now available for a commercial retirement home operator or lifestyle village.
Jones said the retirement village would "inject substantial economic benefits into the region".
"The successful purchaser will be investing tens of millions into the development, bringing lasting benefits to Lincoln and the surrounding areas.”
The 7.3ha site is set to go on the market soon, with the title expected later this year.
The Earlsbrook development on the outskirts of Lincoln is one of Canterbury’s largest master-planned subdivisions with room for 2100 new homes.
The retirement village site is next to the development’s retail area, which will feature a range of food, beverage, and service providers.
Stage one of the subdivision is already under construction. Of the 175 sections in the first stage, more than 75% have been sold.
“There is massive buyer demand for this location, and we already have huge interest for future stages.”
Earlsbrook is being developed by The Carter Group. Director Tim Carter said it has been designed with walkable spaces and plenty of green areas "creating a true community atmosphere".
