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From 'mates rates' to million-dollar marvel: Porirua public land auctioned off for nine times the price of neighbours' offer

HARCOURTS/SUPPLIED
This piece of public land at Motukaraka Point, Porirua, was sold at auction for $1.635 million on Thursday, despite a neighbours consortium wanting to purchase it for just $180,000.
A neighbours’ consortium, led by a Greater Wellington Regional councillor, believed a prime piece of public land in Porirua should be sold to it for $180,000. Porirua City Council valued it at $600,000.
Yet, when auctioneer Wayne Sutton’s gavel struck the wooden sound block at Harcourt’s Paraparaumu on Thursday, the 6000-square-metre Motukaraka Point land sold for $1.635 million following “a bidding war”.
The winning bid came from an anonymous Wellington man who told ....

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