Three bedrooms, native wood, $20,000 . . . buy of the decade?

Monday 26 January 2004

While a Central Hawke's Bay sheep and cattle farm valued in 2003 at $2.8 million sold yesterday at auction for a staggering $3.61 million, an Auckland couple has picked up what could well be Hawke's Bay's cheapest house - a Wairoa home for a measly $20,000.

By The Landlord

The nearly 60-year-old three-bedroom house in Apatu Street, Wairoa, realised less than a quarter of last year's average sale price for Wairoa houses - $93,000.

It is believed to be one of the lowest sale prices in Hawke's Bay in more than 10 years.

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