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Listed 28 days ago

ID#460621

25, 27, 29, 31 & 33 Erica Street,

Papanui

Christchurch City
POA
54
29
1,450
1.45 Acres
* 1,450m²=15,608 sq.ft.   1.45 Acres=5,885m² (0.59 Ha)
proudly marketed by
Jonny Nicholls Jill Allison
Harcourts City - Grenadier Real Estate Ltd
Jonny
+64 279 593 979
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Investment Opportunity Like No Other - As is, Where is

Representing an incomparable offering in today's market, this colossal 5885m2 parcel of land on five titles is being sold on an 'as is, where is' basis and provides developers with the opportunity to secure a prime piece of real estate.

Comprising Wendover Retirement Village and two adjoining residential homes in a desirable pocket of Papanui, the potential of this unique property is limited only by your imagination.

The considerably sized rest home is made up of 46 bedrooms and 26 bathrooms, and while it was occupied until the end of August 2019, the building did suffer earthquake damage and is now vacant.

Adjoining the rest home is each of the residential dwellings, the first of which is a three-bedroom, one-bathroom home on a single title.

The other is a substantial five-bedroom, two-bathroom house on two titles, and although both residential properties are also being sold 'as is, where is', they do benefit from a level of insurance.

The direction is yours to choose; you could look to remediate all of the properties, or perhaps explore the idea of demolition as the site is eminently suitable for total redevelopment with the land zoned residential suburban.

If your sights are set on development, then rest assured you're in excellent company courtesy of neighbouring Erica Reserve which backs onto the outstanding enclave of Taunton Green.

Buyers with vision will immediately appreciate this exceptional prospect and seize the opportunity to secure this remarkable offering that is beyond compare. Contact me for more information.

* To download the Information Pack , copy and paste the URL into your web browser-
http://www.propertyfiles.co.nz/property/485460001

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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Jonny Nicholls

Harcourts City - Grenadier Real Estate Ltd

Licensed Real Estate Salesperson (REA 2008), Member of the REINZ

From that opening encounter that you experience first meeting Jonny, you are left with the impression of a resilient, personable and very determined individual. There is no doubt that Jonny is a people person, utilizing his ability to interact and build rapport with people from all walks of life. He has a natural talent for clear communication, supported with an outstanding work ethic which is articulated through his undoubted enthusiasm and infectious personality.
Having studied a Bachelor Of Arts in English at the University Of Canterbury, Jonny has developed essential verbal and analytical skills that are today paramount in real estate. Because of his passion for and understanding of the local community, its culture and environment, Jonny chooses to immerse himself in what the community has to offer. This unique understanding and strong local knowledge helps to enable him in assisting clients with credibility on all matters relating to the the Christchurch Real Estate Market.
Jonny says that his love and passion for people has derived through having played years of Division 1 Rugby and Cricket in the Christchurch region, representing various Canterbury age group teams along the way.
It goes without saying, Jonny is a highly motivated, intelligent and very like-minded individual, absolutely committed to his profession and his clients. When dealing with his clients Jonny has one mission, to gain the premium price for his clients home whilst ensuring they are calm and educated during the process. “Selling what is often your most important asset can be a daunting task. I want every client to leave knowing that I provided a service that eliminates this fear, a service that exceeded their expectations in all facets of the real estate transaction”.
“Thinking Real Estate? Then please do not hesitate in contacting me, I would welcome the opportunity to help you with your Real Estate decisions”.

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Jill Allison

Harcourts City - Grenadier Real Estate Ltd

Licensed Real Estate Salesperson (REA 2008), Member of the REINZ

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Listed 28 days ago

ID#460621

25, 27, 29, 31 & 33 Erica Street,

Papanui

Christchurch City
POA
proudly marketed by
Jonny Nicholls Jill Allison
Harcourts City - Grenadier Real Estate Ltd
Jonny
+64 279 593 979
Message Me

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