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The Opportunity

Colliers is delighted to present a unique opportunity for investors and developers to acquire a brand-new Woolworths Supermarket, along with a prime residential and commercial development site, in the rapidly growing suburb of Belfast.

The offerings are available in one line, or on an individual basis.

Features
• Anchored to Woolworths NZ
• 10 years remaining on current term
• Excellent development scale with future stages of Commercial and Residential subdivision
• Significant population growth in Belfast
• Built to 100% seismic standards
• Total land area 4.5056 ha
• Resource consent in place for large scale retail development
• Commercial Core Zone (CC) & Residential New Neighbourhood Zone (RNN)
• Growing and desirable suburb of Belfast, 10km from Christchurch CBD (15 minute drive)
• Significant 2.922 ha greenfield development opportunity

For sale by negotiation

*Boundary lines are indicative only.

Highlights

Anchored to Woolworths NZ

Available as a single offering or as individual components, the first offering features a newly constructed retail building anchored by a long-term lease to Woolworths NZ. The other two offerings include a large commercial lot with resource consent and residential super lots, ideal for a capable developer with a proven track record to take the project forward.

The subdivision consent allows for two commercial and or residential super lots, making this a rare opportunity for large-scale development.

Excellent development scale with future stages of Commercial and Residential subdivision

The newly constructed building is leased to General Distributors Limited (trading as Woolworths).

This prime offering, being anchored by a long twelve-year term lease to General Distributors Limited along with the surplus residential and commercial land, presents a rare opportunity to purchase a premium property in the South Island market that will appeal to investors and developers alike.

For sale by negotiation.

*Boundary lines are indicative only.