Eight neighbouring houses snapped up

Eight houses valued at more than $12 million on neighbouring sites in the Auckland seaside suburb of St Heliers have been sold in one of the country's most unusual real estate deals.

The expensive hillside houses from 27 to 39 Glover Rd were put up for mortgagee tender, which closed on December 10.

Nicola Kelland of Kellands Real Estate said yesterday that all the properties had been bought but not by one party. She could not disclose any prices.

The houses were sold by developer Greg Olliver's BBG Trust, which had planned a "Neverland" style of development to be constructed into the side of the hill topped by his own castle.

For the full NZ Herald Article click here

Posted: 24 Dec 2008

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