Conditional station buyer given extra time for sale

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The sale of Oamaru’s historic railway station has been delayed, following a request from the buyer to complete due diligence, which the Oamaru Whitestone Civic Trust granted after the sale was set to go conditional on Friday.

The sale of the railway station will remain unconditional for at least another 20 working days following the successful application to have more time given to the buyer.

The Whitestone Civic Trust received a conditional offer for the building from a North Island buyer on May 22.

Trust chairman Peter Garvan said the trust accepted the buyer’s offer for more time.

“They asked for 20 days’ due diligence which we the trust have granted them, and that’s all we are going to comment on the matter.”

The conditional buyer had a heritage background and was hoping to bring the building back to as close to the original floor plan as possible.

The property is a category two historic building and under the sales agreement, it cannot be demolished and the exterior features and appearance must remain the same.