- The trend of houses in the Wellington area selling far above their capital value has been highlighted by a property in Lower Hutt being sold for almost double its CV.
The two semi-detached purpose-built flats at 18 Epuni St sold at auction last month for $840,000, which was $360,000 above its CV of $480,000.
The price was forced up by competitive bidding at the auction, Professionals managing director John Ross said.
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