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EYEONAUCKLAND added this project
A new apartment planned for Auckland's CBD is being marketed in Asia for $6.3 million, a price thought to set a record for an inner-city unit. Three people who specialise in the Auckland apartment sector said this was the highest price they had heard about and one agent said Asians were being asked to pay prices higher than the local market would stand. Brian Mead's Westmark Group is planning the proposed Chancery Residences & Hotel Suites, marketing it in Hong Kong and asking top dollars for a penthouse suite atop the 30-level tower. One party close to the deal said the first 15 to 20 floors would be serviced apartments, to be run by Mirvac under The Sebel Suites brand.
Auckland City's central planning chief, Vijay Lala, said an application to build the block was lodged in November and was being processed by assistant planner Alastair Cribbens. No decision had been made about notifying the application. A full set of application documents could be viewed at the council,
1 year ago
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