Canny retiree offers city block

  • A retiree who landbanked 7500sq m of prime Mt Albert real estate over 40 years is now selling the five neighbouring properties, expected to fetch well over the joint CV of $6.585 million.

The agencies selling the properties say the land, accessed from Carrington Rd and Benfield Ave – which is mainly green space – is ripe for redevelopment of townhouses or apartments.

READ MORE VIA NZHERALD

Canny

A retiree who landbanked 7500sq m of prime Mt Albert real estate over 40 years is now selling the five neighbouring properties. Photo / Supplied

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