Did you miss the auction? Shucks. Government sells a hectare of Sydney for just $41k – Michael West

Charbel Hazzouri, left, and his cousin Anthony El-Hazouri are partners in Revelop

The NSW government’s Landcom has sold a hectare of prime bushland in Sydney for just $41k to shopping centre developers but has declined to respond to questions about the number of people at the auction. Callum Foote reports.

Last month, the NSW Government’s land and property developer Landcom sold a hectare of bushland in Sydney’s Shire for just $41k. The median house price for the area is $1.4 million, with the sale going to shopping centre developer Revelop.

Source: Did you miss the auction? Shucks. Government sells a hectare of Sydney for just $41k – Michael West