Divorce battle releases $15m land

A $15 million piece of land in an upmarket Auckland suburb is now on the market after a long-running, bitter divorce dispute was settled.

The 8495sqm site, once owned by former millionaire property developer Greg Olliver and ex-wife and PR boss Sarah Sparks, spans nine titles at Waimarie St in St Heliers, overlooking the Hauraki Gulf.

The tranche of properties, ranging between 255 and 2999sqm have a combined valuation of $15.64m, and have been listed for sale under instruction by KPMG liquidators after being tied up in legal disputes for close to four years.

SUPPLIED

More than $15 million worth of land on Waimarie St in Auckland’s St Heliers has come up on the market after years of legal disputes.

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