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Things
Although the College St home looks the same as when it was offered free to anyone who could pay to move it, it is being destroyed of recyclable material prior to demolition later this month (file photo)
A large house in Palmerston North is being demolished after the owners discovered they couldn’t even give it away.
The six-bedroom house on College St was first offered to anyone who could afford to move it to a new location in the middle of last year, after several failed attempts to sell the semi-renovated property.
Stu Fleming, a real estate agent for Ray White, said the offer sparked a lot of interest and within a month, a buyer was found who was very interested in the home despite facing an eight-month wait before the companies listed local movers could change it.
In the end, the cost of moving the house proved too much for them, and the owners began preparing for its demolition.
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DAVID UNWIN / THINGS
This house on College St in Palmerston North was offered for free, but it was too expensive to move (First posted August 2020)
Fleming said it was a shame the job was too difficult, as the farm would have been wonderfully built with a little investment.
“None of the moving companies were that interested, as they could move several smaller houses at the same time it would have taken a while to move this one.
“Movers that would take the job wanted between $ 250,000 and $ 300,000, to help cover the costs of the other jobs they would have to leave.”
It would have been quite a complicated job, the big house needed to be cut into several pieces for transport and removing the slate tile roof required cranes, a process that was estimated to have taken three to four weeks.
Fleming said that as much as the buyer loved the home’s potential, they weren’t willing to pay nearly double the initial estimate for moving costs in addition to required renovations.
A previous owner decided to renovate the home, but struggled financially before finishing and lost the home in a mortgage sale.
The current owners bought the still unfinished house a little over five years later and finally decided to get rid of the house and keep the land.
David Unwin / Stuff
Stu Fleming, real estate agent for Ray White, says it’s a shame the six-bedroom house on College St is being demolished as it would have formed wonderfully after the renovations were completed.
Fleming said Palmerston North wood recyclers Rusty Nail were gutting the house in search of reusable building material before it was demolished.
“It seems that everything is still there, but it isn’t. By the end of the month it will be a shell, which will be demolished and the remaining material will go to the landfill ”.
The owners, who also have properties next door, plan to install a few townhouses on the cleared lot.
“It’s going to be a kind of community for your family and friends,” he said.
