Allendale Lane, Lincoln, Canterbury

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Welcome to a property that embodies the epitome of potential and lucrative investment in the heart of Lincoln. Situated in one of the most sought-after areas, this offering is not just a house, but an exceptional development opportunity awaiting savvy investors and developers.

With rezoning already in place, the groundwork has been laid for the creation of an impressive 37-section subdivision. Imagine the possibilities for lucrative returns as you transform this expansive land into a thriving residential community.

Key Features:
- Strategic Rezoning: The hard work has been done! This land has been rezoned, unlocking its immense potential for subdivision into an impressive 37 sections.
- Generous Accommodation: The main attraction is a spacious 5-bedroom house spanning approximately 290m², offering comfortable living space and modern amenities.
- Solid Income Stream: Currently generating over $40,000 per annum, this property provides a steady income while awaiting its transformation into a lucrative development project.
- Premium Location: Nestled in one of Lincoln's premium locations, this property enjoys proximity to essential amenities, schools, parks, and transportation hubs.
- Polished Appeal: While the existing home boasts polished appeal with its contemporary design and well-maintained interiors, the true value lies in the extensive and coveted land it occupies.

Unlock the potential of this remarkable property poised for development in central Lincoln. Beyond the attractive facade of the existing residence lies a golden opportunity for developers seeking substantial real estate in a prime location.

Please be aware that this information may have been sourced from RPNZ / Property Smarts / Land Information New Zealand / Christchurch City Council / CERA and we have not been able to verify the accuracy of the same.