31 Sherborne Street
St Albans, Christchurch City
SOLD
2
1

UNDER OFFER! Looking for some cash back on settlement day!?! Out of town owner wants out.....

What could you do here? Land bank for the future or develop now and use the transferable EQC and insurance claims to help fund your development or fix up and live in it yourself. All claims and payouts transferable to new owner.

This 2 bedroom plus sunroom weatherboard bungalow was rented at $350 per week. There is an EQC payout of $100,000 + GST to be transferred to new owner. Deemed to be a repair by the insurance company. Possibility to negotiate a cash settlement situated on 509 m2 site. Land is designated TC2 and zoned Living 3 (Inner City medium density with suburban focals). Adjacent sites at 948 and 950 Colombo St also available to be purchased separately or together. Check out rwfullcircle.co.nz/NTW22275 and rwfullcircle.co.nz/NTW22276.

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Property Features

Property ID: NTW22277
Bedrooms: 2
Bathrooms: 1
Building: 110m2
Land: 509m2
Listed By:Otautahi Real Estate Limited Licensed (REAA 2008)
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Craig Catley, Licensee Agent - General Manager at Ray White Carpenter Realty