The ACT government's suburban development program and urban renewal arm Suburban Land Agency has auctioned off another five blocks of residential land in Canberra for more than $84 million as part of the territory's asset recycling initiative program.
The most expensive landholding sold was Block 24, Section 39 at Griffith, which went for $40 million. The price was the largest single block sale by the ACT government since 2016.
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Su-Lin Tan reported on housing, commercial real estate and property finance. She also covered China and Asian business, trade and politics. Connect with Su-Lin on Twitter. Email Su-Lin at stan@afr.com.au
