This "As Is Where Is" property provides an excellent development opportunity with concept drawings available for three units, or you may want to develop differently. This 2 title, L shaped site provides multiple options for
development. Close to shops, public transport and great school zones would be attractive to a large market of future purchasers. Currently tenanted on a periodic tenancy at $400 pw the property is being sold with vacant possession 45 days after the auction.
This property is being sold on an "As Is" basis as it is not currently insured and was not insured at the time of the earthquakes.
Vendor has decided not to develop and wants it sold now, so don't delay viewing as this property may sell before auction date. Call me now for details.
Please be aware that this information may have been sourced from REINZ/Property Smarts/Land Information New Zealand/ The relevant local authority/Cera and we have not been able to verify the accuracy of the same.
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