BIG HOUSE PASSED IN
A, Mediterranean-designed, four-bedroom house at 268 Waimairi Road was passed in at auction yesterday at $84,000, when offered by Beasley, Packard, and Chamberlain, Ltd.
The house, of 3000 sq. ft, does not have a Government valuation, but is insured for $llO,OOO.
It is now being offered for sale by the owners, King Investment Company, at $89,500. This price is well below the replacement value, as most of the materials cannot now be imported. The vendor’s agent said his clients were not prepared to disclose their reasons for selling at the lower price.
The house has a “climatecontrolled” courtyard, a Sauna room, a two-car garage, a built-in barbecue and billiard table, an automatic piped music system, an 80deg, 24ft swimming pool, 24-carat gold bathroom taps, a hydro-therapy Spa unit, and underfloor heating.
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Bibliographic details
Press, Volume CXV, Issue 33881, 28 June 1975, Page 18
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135BIG HOUSE PASSED IN Press, Volume CXV, Issue 33881, 28 June 1975, Page 18
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