379 Papanui Road, Strowan (1-2) As Is, Where Is - Two Titles, Endless Opportunity!
TweetAvailable PropertyFiles:
- /Auction Agreement/
- Auction Agreement.pdf
- /Auction Information Pack/
- Auction Forms & Information.pdf
- /CCC Flood Management Plan/
- CCC Flood Management Plan.jpg
- /CCC Property Files/
- CCC Property Files - Full Pack.pdf
- /LIM report/
- LIM Report.pdf
- /LLUR/
- LLUR.pdf
- /Property Guru/
- Property Guru 1-379.pdf
- Property Guru 2-379.pdf
- /Purchaser Acknowledgement Form/
- Purchasers Acknowledgement Form.pdf
- /Rates Information/
- Rates - 1-379.pdf
- Rates - 2-379.pdf
- /Title - Documents/
- Title 1-379.pdf
- Title 2-379.pdf
Property Description
With both properties included in the sale, buyers have the opportunity to look at the site as a whole.A development opportunity in a tightly held Merivale/Strowan location, 1/379 and 2/379 Papanui Road offer two existing dwellings across a combined underlying landholding of approximately 746m², currently shown as being within both the Christchurch Boys' High School and Christchurch Girls' High School zones.
The two existing dwellings may also provide residential demand credits, which could reduce future development contributions depending on the proposed development and Christchurch City Council assessment.
The homes comprise:
• 1/379 Papanui Road - 3 bedrooms, 1 bathroom and carport
• 2/379 Papanui Road - 2 bedrooms, 1 bathroom and carport
Together, the properties are currently generating a combined gross rental income of $55,640 per annum, providing income from day one while you decide what comes next.
The location is another big plus, with Merivale nearby and easy access to shopping, cafés, restaurants and everyday amenities. The property is also currently shown as being in zone for Papanui High School, Paparoa Street School and He Tiwai Mātauranga Heaton Normal Intermediate, with St Andrew's College also close by.
Develop, land-bank, improve the existing homes or keep them as an investment - there are plenty of options here.
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.
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.
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Terms of Supply
By accepting the information contained in this PropertyFile, I acknowledge I have read, understood and accepted the terms on which the information is made available.1. Where information is supplied by the agent to customers, the information is information in possession of the Vendor(s) that the Vendor(s) are making available to the customer without endorsement.
2. No representation is made by the agent or the Vendor(s) as to the accuracy, or to the reliability, of any information made available to the customers.
3. The customer will seek such advice and explanation the customer may require from an independent specialist of their choosing.
4. Should the purchaser decide not to obtain their own specialist advice, they are deemed to have satisfied themselves on all aspects of the property and are buying solely in reliance on their own judgement and contrary to the recommendation of the agent.
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Contact Matt Dawson
Holmwood Real Estate Limited
175 Papanui Road, Merivale, Christchurch
03 355 6677 021545058 matt.dawson@harcourts.co.nz All Listings
Growing up with both parents working in Real Estate and purchasing his first home at a young age, it’s no surprise that Matt is with Harcourts Holmwood. After a successful sales and management career in the motoring industry, Matt has acquired many skills which transfer well to real estate. He is patient, obliging and not pushy; listens to individuals needs and finds the best possible solution for each situation. Matt’s style is friendly and always approachable, and likes to make each transaction a fun, relaxed experience while remaining the consummate
professional. He believes transparency and honesty are key to the large amount of loyalty and repeat business he has experienced throughout his career. Matt takes personal pride in achieving the best possible result for his clients. However he also thrives on the challenge of getting a deal done. If you are thinking of buying or selling or just have some questions about the
market, give Matt a call today.