Have a spare 3.1mil
Apr 11th 2016, 5:08 am
#1
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Joined: Oct 2011
Location: Wellington - I miss Castles, the NHS & English school system
Posts: 9,077
Have a spare 3.1mil
Apr 11th 2016, 7:13 am
#2
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Joined: Nov 2007
Posts: 1,967
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.
Apr 11th 2016, 8:08 am
#3
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Joined: Oct 2011
Location: Wellington - I miss Castles, the NHS & English school system
Posts: 9,077
Re: Have a spare 3.1mil
heritage protected so they will have to if they want to live in it
Apr 11th 2016, 9:24 am
#4
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Joined: Jun 2005
Location: In a large village called Auckland
Posts: 5,249
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.
Apr 11th 2016, 9:28 am
#5
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Joined: Jun 2010
Location: Peterborough, Cambridgeshire
Posts: 2,744
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.
Apr 11th 2016, 9:47 am
#6
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Joined: Jun 2005
Location: In a large village called Auckland
Posts: 5,249
Re: Have a spare 3.1mil
It seems we just find a new level of crazy with each passing week.
Apr 11th 2016, 4:32 pm
#7
Truth is the safest lie.
Joined: Jul 2008
Location: @ the beach.
Posts: 7,243
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.
