Ts 20150724 36

Page 1

w

Proudly locally owned and oPerated for our city

ELECTRIC RADIATOR H EATING No Noise. N o Draughts Good in all T

weeKender Friday July 24 2015

www.starnews.co.nz

Phone 379-7100

69 Gasson S treet www.bbqsd irect.co.nz

Quake damaged units hit property market

These guys produce

100,000 pies a week, and more than

Find out how Coupland’s makes its award-winning pies, p6 & 7

5 million each year

PHOTO: GEOFF SLOAN

WEATHER

AS IS WHERE IS sales of quakedamaged apartment blocks are hitting the market. Body corporates are selling blocks of units once their insurance settlements come through because they can’t be bothered with long drawn-out repairs. The latest on the market is 34 apartments which span 224-242 Salisbury St. They will be auctioned next month. They are being marketed “as is where is”. They have been temporarily strengthened so 33 of the apartments can stay occupied. This reflects a growing trend among body corporates, Courtney Doig and Paul Vining of Colliers International said yesterday. “This development is strategically positioned within walking distance to the thriving Victoria St precinct and the heart of Christchurch’s newly forming CBD. The complex is situated diagonally opposite Briscoes and a site earmarked for supermarket use,” Mr Doig told the New Zealand Herald. “It offers significant holding income which will enable sufficient time to plan and develop surplus land.” In the past 18 months, Colliers has transacted more than $25 million in sales of unit title apartment blocks in Christchurch. Turn to page 3

FRIDAY

SATURDAY

SUNDAY

MONDAY

Fine, morning frosts. Light winds, northeasterly later.

High cloud increasing. Northerlies becoming strong.

Rain develops morning, clears afternoon. Northerlies.

Scattered rain developing. Northerly dies out.

Max 13° | Min 2°

GET MORE

@ E! MOORHOUSE AV MORE RANGE MORE SOLUTIONS •

emperature s

Max 14° | Min 6°

Max 15° | Min 3°

Max 14° | Min 4°

MOORHOUSE AVE

FURNITURE & BEDDING

SUPER STORE! MORE FURNITURE

MORE BEDS

MORE MANCHESTER

MORE OUTDOOR FURNITURE

AVAILABLE IN STORE AT MOORHOUSE AVE

SHOP with CONFIDENCE.

MOORHOUSE AVE Cnr. Moorhouse Ave. & Colombo St.

(03) 367 7500 304705_CCC


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.