This 1970's apartment complex is a popular destination for owners and tenants. However, it now needs earthquake strengthening. The current owner occupier has been here for over 10 years and is looking for a little more storage than they currently have, so are prepared to meet the market for buyers, acknowledging that buyers will take into account the disruption and cost of further strengthening. The owner has paid approximately a third ($6000 or so) of the strengthening costs, so buyers will be looking at some future disruption to their new home / investment in several years time, but once the work is completed, we expect the market to react very favourably to the strengthened property for future resale and potential capital growth. This apartment has a car pad for off street parking and is 60 sqm (approx), so will be looked on favourably by financial lenders. CV $260,000.