Property Management

House prices hold up bypass

"Exorbitant" New Plymouth house prices are causing headaches for Transit New Zealand and the residents whose homes will be bulldozed to make way for the Bell Block bypass.

Friday, February 20th 2004

Tenders for the $12.5 million bypass and Mangaone Hill project go out at the end of the year.

But Transit is yet to buy three of the 16 houses opposite the New Plymouth Golf Course.

Deals for the other 13 have already been settled by Transit after the owners found other properties.

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