Unwanted houses

 

PHOTO: GOOGLE MAPS This small house in Surrey Crescent, Grey Lynn is offered for relocation at $1000.

First-home owners and investors looking for a rental property are benefitting from an abundance of unwanted houses in Auckland.

Right now, there are Trade Me advertisements offering a miniscule 38 square-metre cottage in Grey Lynn for $1000, and an entire three-bedroom house with a native timber floor in Glendowie is free.

And it’s all down to the construction boom, which includes the major integrated social housing developments undertaken by the Tāmaki Regeneration Company and private developers in Glen Innes and Point England.

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