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Albany-Heights development land changes hands - again

Land beneath the troubled Albany Heights residential housing development has been transferred to yet another new entity, albeit a variation of the previous one.

The high intensity subdivision, now being marketed as Silvermoon Park, is being developed on just over 2ha at 125 Gills Road, Albany on Auckland’s North Shore.

As previously reported, Auckland businessman George Hunter’s company Marmande Property Investment had bought the property from 125 Gills Ltd last December for $4.3 million.

 

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