Download the Property Files Here: https://www.propertyfiles.co.nz/148Tedderand181Pacific
Engineering reports confirm foundation relevelling and flooring works have been completed with producer statements (PS3 & PS4) available, providing confidence around the structural base. Although fully insured, the homes are being sold as is due to the cladding. A professional reclad quote is also available, giving clear direction for those ready to take the next steps.
Adding to the appeal, a rental appraisal of $620-$650 per week (per home) highlights the income potential once the homes are compliant and tenanted, strengthening the case for investors.
Key Points:
- Sold as is, where is with no vendor warranties (fully insured, selling as is due to cladding)
- Reclad quote and engineering documentation available
- Foundation and flooring works complete (PS3 & PS4 issued)
- 181 Pacific Road is currently tenanted at $695 per week
- Ideal for investors seeking strong long-term returns
- Land bankers will value dual-site ownership in a beachside location
- Renovators can add value and modernise to their own standard
- Zoned Residential Suburban (RS) for flexibility in future use
Location Benefits:
Just minutes from North New Brighton Beach, Taiora QEII, and Rawhiti Golf Course, these homes are perfectly placed for lifestyle appeal. Families will also note zoning for Shirley Boys' and Avonside Girls' High Schools.
With the combination of coastal living, completed engineering works, and a strong rental appraisal, these properties represent an outstanding opportunity for investors, renovators, and land bankers alike.
Our vendors are highly motivated and committed to a result - act now to secure not one, but two coastal addresses with future upside.
Please be aware that this information may have been sourced from RPNZ / Property Smarts / Land Information New Zealand / Christchurch City Council / CERA and we have not been able to verify the accuracy of the same.*