Friday, June 19, 2009

Is this building worth 1.8 Million?

So the old Dunedin prison is up for sale and Ngai Tahu have the first right of refusal.

"The Department of Corrections has revealed it is selling the decommissioned 113-year-old Dunedin Prison, but is keeping quiet about to whom the building may be sold, or its future use.
Since it was decommissioned in 2007, there has been speculation about whether the building, which held about 59 medium-security prisoners and 40 remand prisoners, would be reopened for remand prisoners or sold.

The category one historic building is worth about $1.8 million, according to Dunedin City Council rating information."

It is hard to know the value of this building. Yes it is histotrical but jeepers may need a bit of cleansing before you put backpackers in it.

No comments: