Post by Kiwi Frontline on Jul 26, 2019 17:13:34 GMT 12
NGAI TAHU HAS BOUGHT ALMOST 70 HECTARES OF INDUSTRIAL LAND FOR SUBDIVISION SOUTH OF CHRISTCHURCH
Competition is about to heat up with South Island's largest iwi, Ngai Tahu, buying almost 70 hectares of industrial land for subdivision and sale south of Christchurch.
More well-known for its residential and commercial office development, the iwi's property arm, Ngai Tahu Property, has purchased a 32 hectare block of land in Hoskyns Road, Rolleston, about 20 kilometres south of central Christchurch, and a 36ha block in Shands Road, Hornby, which is part of the former Heinz Watties property.
Ngai Tahu is developing subdivision plans for both blocks and is targeting buyers who want to buy the freehold land without building ties.....