The Head Hunters gang pad in Sockburn, Christchurch. Photo / Kurt Bayer
A former Head Hunters gang pad has sold for well below its estimated value at auction tonight.
The Christchurch property was up for auction on Tuesday evening after it was forfeited to the Crown in 2022 for renovations funded by criminal proceeds.
Valued at $500,000 in 2022, 31 Vickerys Rd in Wigram sold for well below tonight, being snapped up for $378,000.
At the time, the news of the forfeiture came as a relief to locals, who claimed to have endured menacing looks and loud motorbikes.
The property was taken over by Head Hunters in 2016, after being previously occupied by the Epitaph Riders gang.
The “desirable corner site” was forfeited to the High Court on the grounds that Christchurch-based members and associates of Head Hunters were deeply involved in the sale of methamphetamine.
The large three-bedroom, one-bathroom property is being marketed as a “highly desirable” and a “fantastic development opportunity”.
It’s been listed by Ray White “as-is, where-is” - complete with broken bottles, appliances, rubbish and furniture.
Situated right across the road from Vickerys Reserve and close to Riccarton High School, it’s listed as a “prime prospect”.
“Interested parties are urged to act quickly to capitalize on this fantastic development opportunity,” said the listing.
“Fully fenced, this unique property is sure to attract interest from savvy investors and developers alike.”
Interested parties are advised to “act swiftly to secure this prime development opportunity in a highly desirable Wigram location”.
Auckland Airport is the first in the country to have LED lights for low visibility landings. Video / Auckland Airport