1 & 2/379 Papanui Road

Strowan Canterbury

746 m²

Unit

Currently for sale - view listing

Overview

As Is, Where Is - Two Titles, Endless Opportunity!

* To download the Information Pack, copy and paste the URL into your web browser http://www.propertyfiles.co.nz/property/L41854795 A development opportunity, 1/379 and 2/379 Papanui Road offer two dwellings on a combined underlying landholding of approximately 746m², currently shown within the Christchurch Boys' High School and Christchurch Girls' High School zones. With both properties included in the sale, buyers have the opportunity to look at the site as a whole. The two existing dwellings may also provide residential demand credits, potentially reducing future development contributions, subject to the proposed development and Christchurch City Council assessment. • 1/379 Papanui Road - 3 bedrooms, 1 bathroom and carport • 2/379 Papanui Road - 2 bedrooms, 1 bathroom and carport The properties currently return a combined gross rental income of $55,640 per annum, providing income while you consider your next move. Merivale is nearby, with shopping, cafés and restaurants close at hand. The property is also currently shown in zone for Paparoa Street School and He Tiwai Mātauranga Heaton Normal Intermediate, with St Andrew's College also close by. Develop, land-bank, improve or hold as an investment. The vendor is liquidating assets and is committed to a sale on auction day - complete your due diligence and be ready to act. Contact us today for the property information pack and auction details. Purchasers should independently verify all land areas, rental information, school zones, development potential, residential demand credits and associated development contributions. Auction | Wednesday 09 September 2026 from 10:00am (Unless Sold Prior), Harcourts Holmwood Auction Rooms, 397 Ilam Road Please be aware that this information may have been sourced from REINZ/Property Smarts/Land Information New Zealand/ The relevant local authority/Cera and we have not been able to verify the accuracy of the same.