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Cheap at a quarter the price

A 2000sqm site in Auckland’s Paratai Drive, previously home to two dogs, is expected to sell soon for over $10M. Who would pay that? The NZ Herald asks “high end home” architect Architect Simon Carnachan . No problem he reckons – cashed up JAFAs like, “showing the world you’ve got the money and you’re not afraid to flaunt it. Success in New Zealand seems to be judged by wealth rather than anything else.” Presumeably a buyer would then build a house on said site, and Carnachan thinks they’d get a bargain.

11.11.09 in practice 

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