Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Mark Dunajtschik sells Polo House in Wellington

Century 21 New Zealand

Tuesday, 27 February 2018

Mark Dunajtschik sells Polo House in Wellington




Polo House on the corner of Chaffers and Wakefield Streets, central Wellington.

Polo House on the corner of Chaffers Street and Wakefield Street in central Wellington has been sold for $4.5 million.

For many years Wellington property developer and well-known philanthropist Mark Dunajtschik owned the landmark building at 8 Chaffers Street. It has now been bought by Wellington property investor Vlad Barbalich.

Vacant since the 2016 earthquake, the $4.5m sale price reflected the fact that the building requires re-strengthening, says sales agent Joe Lupi, owner of Wellington’s Century 21 First Choice Realty.

“Polo House was the first building in Mark’s significant property portfolio but requires earthquake strengthening. His desire was to see a renovation of the building, together with Vlad's significant expertise in this area, made it a good match.

“This is a great outcome for all involved and most importantly for Wellington. Its strategic and high-profile location will ensure a very bright future for Polo House,” says Mr Lupi.

www.century21.co.nz

ENDS


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Land Report: Issues With Soil Degradation

An environmental report released today has found we are damaging and losing our soils and our native plants and animals. More>>

ALSO:

Water Quality Report: Cause For Optimism

National River Water Quality Trends released by Land, Air, Water Aotearoa (LAWA) this week, reveal that for all river water quality parameters monitored over a 10 year period, more sites were improving than deteriorating. More>>

ALSO:

IMF Report On NZ: Positive Economic Outlook

Minister of Finance Grant Robertson has welcomed the IMF’s Concluding Statement, released following its annual visit, which provides an independent assessment of the strength of the New Zealand economy. More>>

ALSO:

Retail Power Price: Review Panel Named

The Energy and Resources Minister Megan Woods has released the details of who will sit on an expert advisory panel which is tasked with leading a review into the price of electricity in New Zealand. More>>

ALSO:


Increasingly Disruptive Threats: Govt Cyber Security Refresh

Broadcasting, Communications and Digital Media Minister Clare Curran today announced a comprehensive refresh of New Zealand’s approach to cyber security. More>>

ALSO:


Regional Growth: Action Plan To Modernise Taranaki’s Economy

The Provincial Growth Fund (PGF) will invest up to $20 million to help future-proof the Taranaki region by diversifying its economy, creating additional jobs and leveraging off the strong base the region has established through its oil, gas and agricultural ... More>>

ALSO:

Winding Down Irrigation: Funding Ends For Crown Irrigation Investment

The Government has begun winding down public funding for large-scale irrigation through Crown Irrigation Investments Limited (CIIL), in line with the Coalition Agreement and the Confidence & Supply Agreement. More>>

ALSO: