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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


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