Owners of an earthquake-damaged Christchurch waterside luxury home claim it will cost $8.5 million to rebuild.
The 812 square metre home, which sits on the edge of the Avon-Heathcote Estuary, suffered "significant" structural and foundation damage in the September 2010 and February 2011 quakes.
![The owners says the house $8.5m home designed by Stufkens+Chambers has been "totally destroyed".](https://www.nzherald.co.nz/resizer/v2/QCQ65TUMZF7XWYU75S3X3Z6DNE.jpg?auth=6abc6b33b911fea71987f0ff6b9f7de1bf9dd090013872eaab8cb898459f5472&width=16&height=11&quality=70&smart=true)
GJO Trustees, who owns the house on Main Rd, Redcliffs say it's been "totally destroyed" and is unrepairable.
They say a rebuild will cost $8,455,690,41.