Townhouse sold for $275k profit in three weeks

The townhouses at 47 Friedlanders Rd, Manurewa, were bought by Stuart Jackson’s interests. (Image: Supplied)

Fri, 16 May 2025

A new West Auckland townhouse sold to a property flipper by a Barfoot & Thompson agent for $776,000 was onsold for $1.05 million three weeks later, an increase of $274,000.The sale of 8/14 Hewlett Rd in Massey is one in a series of transactions involving San Carlo Properties and Barfoots agent Chetan Kanjarbhat.San Carlo Properties is owned by Stuart Jackson, a veteran property trader who was found guilty of unlicensed trading in 2017.In two of the sales examined by BusinessDesk, the properties were sold to entities owned by another Ba...

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