Property News · March 13, 2018

Chinese buyers fined $847k after failing to get consent to buy $5m cliff-top Auckland mansion


The High Court has ordered the former owners of a cliff-top property in Glendowie, Auckland, to pay $847,000 in penalties and costs for failing to get consent under the Overseas Investment Act before buying the property.Wenbing…

Source : nzherald.co.nz/Property
Read more…Chinese buyers fined 7k after failing to get consent to buy m cliff-top Auckland mansion