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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
6 mins to read

Apartment owners hit by ‘nightmare’ lease hike

Ngāti Whātua proposes massive ground rental rises on Auckland waterfront sites.

Maria Slade Mon, 07 Dec 2020

Apartment owners on leasehold land in Auckland’s CBD are facing ground rental increases of as much as 186%, following the latest review by the landowner.

Owners in one of the apartment buildings, Scene One, which also has weathertightness issues, say the increases are “immoral”.

The

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Apartment owners hit by ‘nightmare’ lease hike
General Business,
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