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PHOTO: Fletcher Living
After close to six months on the market, the first of the townhouses built by Fletcher Living in central Christchurch are struggling to sell.
Priced at between $1 million and $1.6m, RNZ understands as few as three of the 20 homes in the development have sold.
They were the first batch of 940 flats and townhouses promised by Fletcher Living to help achieve the ambitious goal of having 20,000 people living in central Christchurch by 2024.
RNZ was keen to take a look inside the mostly unsold Latimer Terraces apartments on the eastern edge of Christchurch’s CBD, but was told by Fletcher Living’s Steve Evans that they were not available to view.
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