Hamilton buildings worth 36 per cent less than council purchase price, latest valuation shows
Hamilton buildings worth 36 per cent less than council purchase price, latest valuation shows 23 Feb, 2021 05:44 AM 4 minutes to read A recent independent market valuation of the three council-owned Victoria St buildings shows Hamilton City Council paid too much for them. Photo / Nikki Preston Herald reporter based in HamiltonNikki.Preston@nzme.co.nz Hamilton City Council's controversial inner-city Victoria St buildings are now worth $2.37 million less than the $6.49m ratepayers forked out for them almost three years ago. The latest independent market valuation of the properties between 242-2...