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Napier’s 377 council-owned homes may yet be sold off - just two years after a decision to keep them was made. Napier City Council released a statement on. ....
Hamilton buildings worth 36 per cent less than council purchase price, latest valuation shows 23 Feb, 2021 05:44 AM 4 minutes to read A recent independent market valuation of the three council-owned Victoria St buildings shows Hamilton City Council paid too much for them. Photo / Nikki Preston Herald reporter based in [email protected] Hamilton City Council s controversial inner-city Victoria St buildings are now worth $2.37 million less than the $6.49m ratepayers forked out for them almost three years ago. The latest independent market valuation of the properties between 242-266 Victoria St put the total value of the buildings at $4.12m, according to reports released to the Herald under the Local Government Official Information and Meetings Act. ....