Retain or redevelop

15 - 21, Main South Road and 29 Ballantyne Avenue, Upper Riccarton, Christchurch City

By Negotiation

Proposed Usage
Hotel & Leisure
Floor Area
1.00 m²
Land Area
17089.00 m²
Property ID

For Sale by Negotiation

Workotel, formerly Riccarton Holiday Park, provides affordable worker accommodation and continues to generate solid revenues from accommodation units spread over a vast 1.7ha residential site. As the rebuild moves down a gear the overseas owners are considering their options and have put the Freehold Going Concern up for sale. They will also consider working with a joint venture partner bringing new ideas, expertise and capital for a possible redevelopment of the site. Subject to obtaining appropriate consents the property is in a prime location and of a scale ideal for a range of uses including student accommodation, social, community and affordable housing, reintegration services, aged care, education, medical and more. Handy to a range of amenities the property is just 1.7km to University of Canterbury, 200m to the nearest supermarket, 250m to Bush Inn Shopping Centre and just 2.1km from Westfield Riccarton Mall.

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Upper Riccarton Area