1924 days ago

Almost $500,000 from Christchurch Cave Rock apartments sale sitting in limbo

Jake Kenny Reporter from Community News

A dispute over vandalism and flooding damage means nearly $500,000 has been withheld from the sale of Christchurch's Cave Rock apartments.

The Sumner complex’s new owners say the sellers neglected to keep the property secure after an agreement was reached but before settlement was made. They claim the damage has forced them to change their plans for the site, including demolishing part of the complex they had planned to repair.

Some former owners claim the buildings were already badly damaged before the “as is, where is” agreement was made, and dispute they are liable for any of the claimed damage. They are frustrated an independent lawyer holding $480,000 of the sale price will not release any of it until all sellers reach an agreement with the buyers.

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More messages from your neighbours
9 days ago

Scam Alert: Fake information regarding December Bonuses from MSD

The Team from Neighbourly.co.nz

The Ministry of Social Development is reporting that fake information is circulating about new ‘December bonuses’ or ‘benefit increases’

If you get suspicious communication, please contact Netsafe.

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4 days ago

Poll: Is it ok to regift something that you have been given?

The Team from Neighbourly.co.nz

🎁 Holiday Gift Chat!

Do you ever regift?
What’s your take on asking for a receipt if a gift doesn’t fit?

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Is it ok to regift something that you have been given?
  • 80.1% Yes! It's better to regift what I don't need
    80.1% Complete
  • 19.9% No. It's the thought and effort that matters
    19.9% Complete
742 votes
1 day ago

Today’s Mind-Bender is the Last of the Year! Can You Guess It Before Everyone Else? 🌟🎁🌲

The Riddler from The Neighbourly Riddler

I dance in the sky with green and gold, a spectacle few are lucky to behold; I’m best seen in the south, a celestial sight—what am I, lighting up the New Zealand night?

Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!

Want to stop seeing these in your newsfeed? No worries! Simply head here and click once on the Following button.

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