Newcastle News
DONE DEAL: NEWCASTLE POST OFFICE SOLD
It’s become symbolic of the decay in inner-city Newcastle, but this afternoon, the old Newcastle Post Office was sold.
The state government was the successful bidder, blocking the sale from a notorious Sydney nightclub owner.
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$1,88m in 2002
add some rot and decay
and sell for
$4.25m in 2010
225% growth…
This is the only kind of inflation rate that stands a chance of beating recent school building escalation.
P…O..!