Sub-penthouses built by bust developer snapped up for $6m

Sales are brisk at The International and other high-end developments. (Image: Sothebys)

Wed, 11 Aug 2021

Sotheby’s International Realty says it has now sold three of the four remaining sub-penthouses at The International for more than $6 million each.All buyers are Auckland-based and the realtor said it had also received an offer on the last remaining sub-penthouse in the 17-floor upmarket apartment block at 9 Princes St.The former Fonterra building, next to the Northern Club, was redeveloped into 88 upmarket apartments at a cost of $250m by Auckland developer Gary Groves’ Sanctuary Group over the past five years.In 2017, former White...

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