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Two state houses fetch $1.9m

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New Zealand News | Thursday February 28 2013 15:26

Two state houses fetch $1.9m

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Two state houses in the Auckland suburb of Sandringham have sold for $1.9 million.

Housing New Zealand says the two bungalow-style houses, which sold at auction, fetched an exceptional price that exceeded expectations.

Spokesman Sean Bignell says it means money can be spent building and improving other state homes for families in need.

He says the value of those properties was in the land as both had large sections perfect for subdivision.

Photo / NZ Herald

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