Abandoned house sells for $330,000

Last updated 11:14 27/02/2013
261 Adelaide Rd
PHIL REID/Fairfax NZ

DOER-UPPER: This house at 261 Adelaide Rd auctioned for $330,000 after council forced its sale over rates debt.

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An old Newtown house put up for sale by Wellington City Council to recover rates going back almost a decade has been sold at auction for $330,000 - $45,000 below its rating valuation.

The vacant and boarded up house at 261 Adelaide Road, which was owned by Vivalie Sifahetoa Elesoni, had been empty for at least five years.

Council forced its sale under the Rating Act.

Spokesman Richard MacLean said that as no rates had been paid for about a decade it came to the point where council had to take action.

Council would not disclose how much it was owed but any money left after it recovered its rates and legal costs would go to the Public Trust.

Another property ordered for sale at the same auction - a vacant back section at 52 Guadeloupe Cres, Grenada, sold for $107,000. This was $10,000 below its rating value.

The section was registered in the name of Kuo Chan Huang.

There were about 40 people at the auction and most of the interest was in the Adelaide Road property, said Mr MacLean. 

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- The Dominion Post

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