This is an 'AS IS, WHERE IS' opportunity on the high profile Papanui Road, comprising a total of 12 units and a managers house. The property was once home to a motel complex, 'Adelphi Motel' and is now available for genuine sale to a new purchaser.
The complex comprises a total site area of 1,517m², a significant land holding on offer for the tightly held Papanui Road location.
The units are north facing providing sun most of the day and great natural light to all units. There are ample on-site car parks available to each unit. The units are to be sold with all chattels included.
The property sustained damage in the 2011/2012 earthquakes and will be sold 'As is where is'. This now provides a great opportunity to add significant value to an outstanding high profile parcel of land. The vendor is motivated to move on and is committed elsewhere, allowing purchasers the opportunity to take advantage of this significant add value property.
Call the sole agents now for further details!