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-   -   Have a spare 3.1mil (https://britishexpats.com/forum/new-zealand-83/have-spare-3-1mil-875729/)

MrsFychan Apr 11th 2016 6:08 am

Have a spare 3.1mil
 
this could of been yours

Inside the hovel that sold for $3.1 million - Business - NZ Herald News

cappuccino Apr 11th 2016 8:13 am

Re: Have a spare 3.1mil
 
I doubt the new owners will restore that wooden heap - it's more likely that they wanted the land to build a modern monstrosity on or even a block of flats.

MrsFychan Apr 11th 2016 9:08 am

Re: Have a spare 3.1mil
 
heritage protected so they will have to if they want to live in it

Bo-Jangles Apr 11th 2016 10:24 am

Re: Have a spare 3.1mil
 
I don't know what the deal is with Heritage properties but I imagine it will end up like this one: Take a tour of the extreme makeover house | Stuff.co.nz which appears to just have retained just the original street front for appearance and then has the super modern / glassy house behind the facade.

Snap Shot Apr 11th 2016 10:28 am

Re: Have a spare 3.1mil
 
One day in the future, it will be considered to be the craziest example of the run away Auckland housing market.

Bo-Jangles Apr 11th 2016 10:47 am

Re: Have a spare 3.1mil
 
It seems we just find a new level of crazy with each passing week.

Charismatic Apr 11th 2016 5:32 pm

Re: Have a spare 3.1mil
 
Interest rates are only going lower and the LVR buffers have only delayed demand that is now coming back, this may well appear a steal shortly.

Pulaski Apr 11th 2016 5:59 pm

Re: Have a spare 3.1mil
 

Originally Posted by MrsFychan (Post 11919534)
heritage protected so they will have to if they want to live in it

Look out for a "tragic fire" during the very extensive renovations it will require. :sneaky:

LittleGreyCat Apr 12th 2016 4:12 pm

Re: Have a spare 3.1mil
 

Originally Posted by Pulaski (Post 11920023)
Look out for a "tragic fire" during the very extensive renovations it will require. :sneaky:

Just what I was about to suggest.

Around here a few listed buildings have unfortunately burned to the ground and been replaced.

BEVS Apr 13th 2016 5:42 am

Re: Have a spare 3.1mil
 
We have one of these

Last bloke to buy it came unstuck.


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