Leaky Home - Reclad Required!

SOLD - This listing was sold in May 2015
The reality of the situation here is that this property has an identified weather tightness problem. A full report from a certified weather tightness specialist is openly available, as while this property won't be for everyone it is an opportunity for those who know what they are doing to remediate and create a profitable margin.
Our Queenstown based owners are building a new home and simply want this sold to help them forward with those plans.
The home itself is set in a wonderful family friendly street with loads of privacy and good all day sun. Large open living areas, four excellent bedrooms, two bathrooms, separate laundry and a separate double garage provide the bones of a great property - but it clearly needs to be remediated.
All bargain hunters and builders with a sound knowledge of what is required to fix a home in this situation should definitely view as this is an excellent opportunity for a savvy buyer. There is also an open EQC claim to assign over to the new purchaser. The property is currently tenanted but will be sold with vacant possession.

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Main Property Features

Listing Number: PI55656

Approx Floor Area:
180 sqm
Tenure:
Freehold
Property condition:
Renovator
Property Type:
House
House style:
Colonial
Garaging / carparking:
Double lock-up
Construction:
Plaster and Cement
Joinery:
Partial double glazed, Aluminium
Roof:
Corrugated Iron
Flooring:
Carpet and Vinyl
Window coverings:
Drapes, Blinds
Heating / Cooling:
Reverse cycle a/c, Electric, Other (DVS, Wall mounted heaters (x2))
Kitchen:
Standard, Dishwasher, Separate cooktop, Separate oven, Rangehood, Double sink, Waste disposal, Pantry and Finished in Laminate
Living area:
Open plan, Separate living
Main bedroom:
Double and Walk-in-robe
Ensuite:
Separate shower
Bedroom 2:
Double and Built-in / wardrobe
Bedroom 3:
Double and Built-in / wardrobe
Bedroom 4:
Double and Built-in / wardrobe
Main bathroom:
Bath, Exhaust fan, Heater
Laundry:
Separate
Views:
Urban
Aspect:
North
Outdoor living:
Entertainment area (Uncovered), Garden, Deck / patio
Fencing:
Fully fenced
Land contour:
Flat
Grounds:
Tidy
Garden:
Garden shed (Number of sheds: 1)
Water heating:
Electric
Water supply:
Town supply
Sewerage:
Mains
Locality:
Close to schools, Close to transport, Close to shops
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Harcourts Papanui

Gold Real Estate Group Ltd

Licensed REAA 2008

471 Papanui Road
Papanui
Christchurch
Office website or View office details

Property Location