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An explanation of the economics behind a developer forking out 4.3 million dollars for a two bedroom brick and tile house in Auckland s Point Chev
An explanation of the economics behind a developer forking out 4.3 million dollars for a two bedroom brick and tile house in Auckland s Point Chev 3 August 2021
The purchase price is over twice its latest capital value.
OneRoof property commentator, Owen Vaughan says the market s gone crazy in the inner city suburb, especially for flat sections.
He says you could put up six townhouses on one section, and sell them for two million dollars each.