The photos in this story have been changed because the photo in the original one was of a property not included in the sale.
Nelson City Council has sold nine homes from slip-prone properties in The Brook, with the first of them to be removed at the end of this year.
In April, the council spent $6.7 million buying 10 properties, after investigations following the August 2022 storm showed ongoing slope failures during heavy rain were likely and the landslide risk was higher than previously thought.
The council had planned to remediate slips in The Brook which originated from public land, until further rain last year meant they had become more widespread and unstable.
In May, the 10 homes along with a studio and garage package were put up for sale, for relocation, by tender, and with no reserve.
Acting group manager infrastructure David Light said all but one of the homes had sold for a total of $76,000.
"We are pleased that the homes were able to be sold quickly and efficiently. Our primary concern was to address the safety issues and ensure the homes were relocated in a timely manner, and we hope that these homes provide new opportunities for their new owners."
With the latest settlement date in August, all of the homes are expected to be moved to their new locations between December and February.
One home in Brook Street remains on the market and if it doesn't sell, a decision on demolition, at a cost of about $100,000, will be made in August.
Light said the money from the sale of the homes would go toward the cost of desconstructing the remaining building, or remediating the land if funds allowed.
Mayor Nick Smith has said the council does not intend to allow building on the land again.
Once the buildings were removed, a bund with stormwater controls would be installed below the properties to protect council services, the road, and properties across the street.
The land would then be planted out and would potentially become part of the Tantragee Reserve.