Wellington developer quintuples value of office tower

In August 2013 Wellington developer Mike McCombie bought an office building at 133 Molesworth St for $14.4 million.

Now he has just clinched a deal to sell it for $80 million to a Western Australia company, Ascot Capital, in its first foray into the New Zealand property market.

The jump in value

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Chris Hutching
Mon, 08 Jun 2015

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