Middle Eastern owners selling their Parnell palace after quitting NZ for good

A luxury five-bedroom home in Parnell, Auckland, designed with a blend of Middle Eastern and European influences, has been listed for $12.5 million. The owners are selling the property as they move overseas permanently.
Why it matters
The listing reflects high-end real estate trends and the movement of international capital in the New Zealand property market.
Share twitter Share linkedin Share link 2A Crescent Road, in Auckland's Parnell, was designed by architect Marshall Cook and completed in 2014. Photo / Supplied - A five-bedroom home in Parnell, Auckland, with an RV of $12.5 million is for sale.
This is a straightforward real estate news piece with no political or social agenda.
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