Positioned on a generous 533sqm parcel of development-zoned land, 30 Percy Street presents a genuine opportunity for buyers who recognise value where others see work. Located just minutes from the Christchurch CBD, this is a property where the upside is clear and the motivation is unquestionable.
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With the bank preparing to take possession and proceed toward a mortgagee sale. In an effort to get ahead of this process, the decision has been made to bring the property to market before Christmas with clear instructions for an immediate sale. There is no access to the property and all interested parties are recommended to carry out their own independent due diligence.
A once renovated bungalow, the home now requires comprehensive renovation, rejuvenation, and repair. The current layout offers four genuine double bedrooms arranged off a classic gun-barrel hallway, leading through to open-plan kitchen, dining, and living. This space connects to a large garden area, this too is in need of a re-imagination.
The property is offered up on an 'as-is, where-is basis', this will appeal equally to developers seeking an affordable landholding or renovators chasing a project with clear upside.
This may represent one of the most affordable buying opportunities currently available in Christchurch City. The seller's position is time-sensitive, and outcomes will be driven by urgency rather than aspiration.
Early interest is encouraged, otherwise we welcome all interested parties to participate in the auction on 29 January 2026 unless sold prior.
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.*