Case Study_Monte Cecilia_FINAL
Housing NZ sells off ‘social’ land
The 24ha site formerly part of the Papakura army camp, between Walters Rd and McLennan Park, was bought by Housing NZ in June 2004 for $10.7 million. Its rating valuation has more than doubled to $23.4 million because of Auckland’s desperate housing shortage, but no houses have yet been built.
Read the full NZ Herald article here.
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