The decaying, rundown property in the Auckland suburb of Grey Lynn was prized because of its renovation potential
A decaying three-bedroom house with no toilet or bathroom, missing walls and an overgrown garden has sold in New Zealand for more than $2m (£1m), in the latest example of runaway property markets around the world.
The 1920s-era bungalow on Ariki Street, in Auckland’s affluent suburb of Grey Lynn, sold at auction on Thursday for $2.075m (£1.05m), after the bidding opened at $1.75m, Stuff reported.
Continue reading...source https://www.theguardian.com/world/2021/jul/15/house-with-no-toilet-sells-for-2m-as-new-zealand-property-market-soars
No comments:
Post a Comment