[2024] NZLVT 063 - Bottinga v Auckland Council (16 December 2024) [pdf, 357 KB]
...May 2020 and comprises of a 809m2 site zoned mixed housing suburban. He did not consider the sale to be comparable, the property sold a year before the effective date when development land was in lower demand. The purchaser has since obtained resource consent to construct three dwellings. Market evidence Regarding market commentary, Mr Kanji advised: (a) The average house Capital Value movement across the Auckland region was thirty-two per cent between the 2017 general revalu...