As Is Where Is - Repair or Develop 2 townhouses?

With approved resource consent for 2 x Townhouses single level, 3 bedrooms with garages develop (subject to council building consent)
OR
Repair and reinsure this 1940s three-bedroom home, 2x living areas separate four-car garage
and off-street parking
Complies with healthy home standard, appraised rental income between $500 and $520 per week there is a holding income until your project starts
To aid your decision, the following documents are available upon request.
Title, LIM report
EQC scope of works
Geotechnical report
Estimate of professional fees and disbursements for a two-lot fee simple subdivision and building-related surveying
Survey site levels
Proposed plan
Approved resource consent
Truss design
An acoustic assessment
Conveniently situated in a highly sought-after location, this property offers easy access to all amenities and a seamless commute to Christchurch Inner City. Whether you're an investor with a keen eye for potential, a builder and developer, 748 Gloucester Street beckons.
More information can be downloaded through: https://www.propertyfiles.co.nz/property/750950003
Mark your calendar for the auction on Thursday, 5 October 2023, starting from 5.30pm @ Ray White Auction rooms, Level 2, 76 Hereford Street, Christchurch (not to be sold prior auction)
Don't delay view at the next open home!

Source: Please be aware that this information may have been sourced from third parties and we have not been able to independently verify the accuracy of the same. Land and Floor area measurements are approximate and boundary lines are indicative only. We highly recommend you complete your own research and seek independent legal and/or technical advice.