Positioned in the heart of Riccarton, this outstanding site offers a rare chance to secure 632m² of RMD-zoned land with an existing 3-bedroom bungalow. Currently fully tenanted at $525 per week each, the property provides strong holding income while you explore future development options. With its prime location close to Westfield Riccarton, Christchurch CBD, and Canterbury University, the site is ideally suited for redevelopment into modern townhouses or multi-unit dwellings, maximising the potential of its RMD zoning. This is an exceptional opportunity to secure a high-performing investment with immediate income and long-term upside in one of Christchurch’s most sought-after growth locations.