This is set to be one of the largest commercial and residential land sales in New Zealand this year.
The 150 hectare Ravenswood Village, immediately north of Christchurch in New Zealand, has just been launched into the open market. The large development, which is fully zoned for residential, commercial and light industrial activities, has already attracted interested from prospective Kiwi developers and retail end users. The Ravenswood Village development is a comprehensively master-planned community, zoned for a 1522 lot residential community and a 10 hectare, 60-lot convenience/trade retail centre and light industrial precinct. It has been designed for completion in 10 stages, with a solid base for a new owner to complete the development. On completion, Ravenswood will be home to approximately 4000 people and will become a major centre for employment in Waimakariri.The site is to be sold by tender, with tenders closing April 30. The contact agents are Bruce Whillans, managing director of Ray White Commercial (+64 09 304 1453) or Bas Smith of Ray White Queenstown (+64 021 616 1413).