Loop residents try flat-selling
Buying a home in the Avon Loop may involve meeting the neighbours. The Avon Loop Planning Association (ALPA) Inc., a residents’ group, is acting as developers’ agent for the sale of 10 as yet unbuilt homeownership units in Bangor Street.
A spokesman for the association, Mr Douglas Brown, said that it was the first time, as far as he knew, that a residents’ association had been involved in selling real estate.
Work will begin on the project when ALPA has found buyers for half of the units. They are being advertised for sale in advance at a fixed price, but demand has been sluggish.
ALPA had been well supSrted by the City Council, e Housing Corporation, the Valuation Department, and the architects who designed the housing project, because people saw it as effective urban renewal, he said. The housing project site is opposite a. nine-unit block recently built by the CityCouncil which is upgrading Bangor Street.
The Avon Loop is a neighbourhood improvement area under the Community Housing Improvement Programme (CHIP).
For this reason, first home buyers can apply for additional finance from the Housing Corporation to buy properties in the area.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19820212.2.38
Bibliographic details
Press, 12 February 1982, Page 4
Word Count
196Loop residents try flat-selling Press, 12 February 1982, Page 4
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.