The woman who gifted 8 Bronte St to Nelson College for Girls says it is "unfortunate” the school has sold the property for less than its original 2018 rating value (RV). supplied/Quotable Value Bronte House (8 Bronte St) sold for $1.15m in June after QV reduced the property's 2018 rating value in May. Nelson College for Girls sold gifted building, Bronte House (in blue), for $1.15m – less than its rating value (RV) set in 2018 - after reducing the 2018 RV by $200,000 in May 2021, due to the property's condition. As the new RV was at 2018 level (the last general re-valuation date), the property sold above the 2018 RV, Price said. The Trust Foundation previously said Bronte House no longer served the purpose it was gifted for.

Source: Stuff July 20, 2021 22:18 UTC