Auction (unless sold prior)

2pm, Thu 14 Sep 2023

3 Deans Avenue, Christchurch

Currently insured, being sold as-is where-is.

A charming character home in need of significant renovation awaits you here at 221 Hoon Hay Road. Nestled upon 1,239sqm of land, this property represents a very unique opportunity for developers, investors or anyone with a vision for grand designs to put in some mahi, and reap the rewards.

Almost 12 months vacant and years of deferred maintenance means this property will be sold on an ‘as-is, where-is' basis, with no vendor warranties as to the condition of the property. However, the property is currently insured and you are encouraged to bring along tradespersons or relevant advisors as you require to ensure you are satisfied.

The large home sprawls across 240sqm (approx.) and two storeys, with a large loft space above the double car garage. This provides an opportunity to split the home in two stages of renovation, starting with the garage/loft/entrance whilst you strip and renovate the remaining main body of the home. Alternatively, the size of the land parcel provides for subdivision within the district plans rules for Residential Suburban Zoning which will no doubt entice potential land bankers and developers.

In zone for Cashmere High and within walking distance to both Hoon Hay Primary School and Pioneer Stadium, added value is underpinned by distinguished purchasers who see potential here. Just minutes' drive away there is the Adventure Park, Barrington Mall, Oderings and many great eateries.

Download Property files: https://www.propertyfiles.co.nz/property/5521847 (copy and paste)