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Mystery buyer grabs leaky bargain in Serepisos mortgagee sale


Matt Nippert
Mon, 31 Oct 2011

A residential property owned by bankrupt developer Terry Serepisos has been sold to a mystery buyer for less than half of its rateable valuation.

Mortgagee TSB bank forced the sale of 33 Palliser Road in Roseneath, Wellington, earlier this year. Despite advertising listing the property for

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Matt Nippert
Mon, 31 Oct 2011
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Mystery buyer grabs leaky bargain in Serepisos mortgagee sale
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