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Prime site sells at 37% of value

A prime site owned by bankrupt property developer Mat Peters, brother of fellow bankrupt developer Jamie and cousin of politician Winston, has been sold at mortgagee auction well below its value.Last valued at $1.8 million in mid 2008, the property was sn

Jazial Crossley
Thu, 02 Dec 2010

A prime site owned by bankrupt property developer Mat Peters, brother of fellow bankrupt developer Jamie and cousin of politician Winston, has been sold at mortgagee auction well below its value.

Last valued at $1.8 million in mid 2008, the property was snapped up at a CB Richard Ellis mortgagee

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Jazial Crossley
Thu, 02 Dec 2010
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Prime site sells at 37% of value
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