Apartment owners hit by ‘nightmare’ lease hike
Ngāti Whātua proposes massive ground rental rises on Auckland waterfront sites.
Maria Slade
Mon, 07 Dec 2020
Apartment owners on leasehold land in Auckland’s CBD are facing ground rental increases of as much as 186%, following the latest review by the landowner.
Owners in one of the apartment buildings, Scene One, which also has weathertightness issues, say the increases are “immoral”.
The
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Maria Slade
Mon, 07 Dec 2020
Contact the Writer: maria@nbr.co.nz
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Apartment owners hit by ‘nightmare’ lease hike
Business,
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