Christchurch Central 413 Manchester Street

"UNDER OFFER "
▪ Complete the refurbishment and re-let the units.
▪ Alter the internal layout to create more bedroom space to maximise rentals.
▪ Demolish and redevelop the site.
▪ Full insurance available for the property
Two storey weatherboard clad, The units are currently uninhabitable with the interior wall linings having been fully stripped off, as part of a proposed refurbishment, and with no services provided. Currently presented as a shell.
The building is currently not habitable. Wall and ceiling linings have been removed, some re- wiring has been undertaken and new insulation however the work has now stopped. Floors to the dwelling remain somewhat uneven.
Purchasers of this property in this current condition may consider restoring the dwelling in order to retain the character of it on the site. Other purchasers will consider that the value of the property is in the land as a redevelopment site.
Zone Description: A new Residential Zone which has replaced a number of medium and high density zones within the Central City. Its primary objective is to balance two different needs; a need to give developers and others flexibility in the way they design and deliver a range of housing types in the inner city, and the need to give people certainty about the outcome of that development (specifically in terms of amenity) to the extent that potential residents feel confident about moving into the area.
The minimum residential site density to be achieved when a site is developed or redeveloped with a residential unit or units shall be not less than one residential unit for every 200 square metres of site area. Maximum building heights in the zone vary from site to site
▪ Central City Building Height 14 metre overlay.
▪ Category 3 Lower Noise Level Area.

To discuss or get more information, please call Ria Leung directly on 0212797271.

Property Information

• Land area approx 430sqm
• Floor area approx 181sqm

Property Features

• Garages 1
• Uncovered Carspaces 2