"As Is Where Is" - 1049m² L3

SOLD - This listing was sold in November 2017
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

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Main Property Features

Listing Number: PI48853

Land Size:
1049 sqm
Tenure:
Freehold
Property Type:
House, Home & income
House style:
Character, Other (Backpackers)
Construction:
Weatherboard and Iron
Joinery:
Timber, Aluminium
Roof:
Iron
Views:
Urban
Aspect:
North
Land contour:
Flat
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