Sold Property

440 Manchester Street, St Albans, Canterbury 8014

  • 1049
  • 13
  • 4
  • 4

$615,000

"As Is Where Is" - 1049m² L3

With insurance settlements now completed, the current owner is ready to move on.
Currently trading as a 13 bedroom backpackers accommodation known as Tranquil Lodge. However, the residual value probably sits in the land it occupies which is L3 (medium density) for future development with a potential added bonus of good holding income.
It currently has an on-site manager for the backpackers business but it is to be sold with vacant possession. A long north facing boundary, which is ideal for a multi development site.
This sale is on a PLUS GST (if any) basis. Engineers report available.
Specified viewing times, given the business is still operating call today for further details and sale documents.

To view property documents copy and paste the below link into your web browser and follow the simple instructions.
http://www.propertyfiles.co.nz/property/PI48853 Property ID: #PI48853

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Sold Date

  • 13 November, 2017

Property features

  • Property Type: House, Home & income
  • Roof: Iron
  • Tenure: Freehold
  • House style: Character, Other (Backpackers)
  • Construction: Weatherboard and Iron
  • Joinery: Timber, Aluminium
  • Views: Urban
  • Aspect: North
  • Land contour: Flat
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to schools, Close to shops, Close to transport
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Office

Harcourts Gold

Licensed under REAA 2008

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Est. bond $1920
  • 1049
  • 13
  • 4
  • 4

Sold Property

440 Manchester Street, St Albans, Canterbury 8014

$615,000

"As Is Where Is" - 1049m² L3

With insurance settlements now completed, the current owner is ready to move on.
Currently trading as a 13 bedroom backpackers accommodation known as Tranquil Lodge. However, the residual value probably sits in the land it occupies which is L3 (medium density) for future development with a potential added bonus of good holding income.
It currently has an on-site manager for the backpackers business but it is to be sold with vacant possession. A long north facing boundary, which is ideal for a multi development site.
This sale is on a PLUS GST (if any) basis. Engineers report available.
Specified viewing times, given the business is still operating call today for further details and sale documents.

To view property documents copy and paste the below link into your web browser and follow the simple instructions.
http://www.propertyfiles.co.nz/property/PI48853 Property ID: #PI48853

Property Features

  • Property Type: House, Home & income
  • Roof: Iron
  • Tenure: Freehold
  • House style: Character, Other (Backpackers)
  • Construction: Weatherboard and Iron
  • Joinery: Timber, Aluminium
  • Views: Urban
  • Aspect: North
  • Land contour: Flat
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to schools, Close to shops, Close to transport
Show More

Sold Date

  • 13 November, 2017
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Harcourts Gold

Office Harcourts Gold Licensed under REAA 2008

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