Photo: RNZ / Samuel Rillstone

A Wellington developer has bought Loafers Lodge, the burnt-out boarding house in which five people died more than two years ago.

The building has sat empty, with blackened walls and damaged signage, since the fire in May 2023.

In a statement, Primeproperty Group said it had signed a conditional contract to purchase the property in late 2025.

"Settlement has not yet taken place, and Primeproperty has not taken possession of the site.

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