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Kāinga Ora bought land for $19.2m. Seven years later, it’s selling it without building a single home
State housing agency spent at least $205,000 exploring a high-density housing development before deciding the project was no longer financially viable.
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nzherald.co.nz
Kāinga Ora 'twin towers' site for sale after housing plan axed; consultants paid $1.2m
The $20m property sat vacant for years without a single home being built.
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stuff.co.nz
Kāinga Ora bought land for $19.2m. Seven years later, it’s selling it without building a single home
State housing agency spent at least $205,000 exploring a high-density housing development before deciding the project was no longer financially viable.