PHOTO: Auckland’s Browns Bay
The Overseas Investment Office has approved plans by a Chinese-owned company to build a 175-unit apartment complex in Auckland’s Browns Bay.
The office, which assessed applications from overseas investors, granted consent to New Zealand-registered company Since20181 Development Limited in December to purchase three plots of land for $5.8 million in the North Shore suburb to develop.
Since 20181 proposed to build at least 175 residential units, with at least 80 apartments.
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