Property files download link - https://www.propertyfiles.co.nz/8BallantyneAve
If you've been searching for a project with exceptional upside, this could be the one. Often described as the "worst house in the street," this neglected property presents an outstanding opportunity for builders, developers, and experienced renovators ready to unlock its true potential.
Positioned in a High Density Residential Zone, the possibilities extend well beyond a simple renovation (subject to all necessary council approvals). Whether you're considering restoring the existing home, constructing multiple townhouses, or land banking for the future, this is an address worth serious consideration.
The property is offered on an "As Is, Where Is" basis due to its poor condition and lack of maintenance. The overseas owner has made the decision not to return to New Zealand, creating a genuine opportunity for the next owner to add significant value.
Location is another major advantage:
Walking distance to Church Corner and Bush Inn Centre for shopping, dining, and everyday convenience.
An easy walk or bike ride to the University of Canterbury, making this an attractive location for future development or investment.
Well connected to public transport and surrounding amenities.
Properties with this combination of location, zoning, and redevelopment potential are increasingly difficult to find. Bring your vision, your builder, and your imagination-this is a rare chance to transform an overlooked property into something truly worthwhile.