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Leasehold tenures defended by Cornwall Park director

Victoria Young for NBR NZ Property Investor
Wed, 14 Aug 2013

Cornwall Park Trust’s director is defending the use of 21-year “Glasgow” leasehold titles as a way of protecting the iconic park.

More than 100 properties owned by the trust around the park in Auckland (home to the famous One Tree Hill memorial) are leased on 21-year terms, so residents own

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Victoria Young for NBR NZ Property Investor
Wed, 14 Aug 2013
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Leasehold tenures defended by Cornwall Park director
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