Billionaires buy Auckland apartments deemed unsafe to occupy – What We Know!

The Zone residences, 3 Edinburgh St, Auckland Central. Photograph / OneRoof

An organization owned by Auckland’s multi-billionaire Friedlander household has purchased a faulty 12-unit leaky house constructing for simply over $4 million to develop its central-city holdings.

Samson Company’s identify is now on the title of

The Zone residences had not been offered for prime greenback. Levie stated the primary unit had been offered for simply $270,000 in 2001. The latest buy was in 2015 for $600,000.