The sale of eight properties near the Carisbrook stadium could be concluded this month.
City council staff were still assessing bids for the Burns St properties yesterday after tenders closed last month, council property assistant manager Rhonda Abercrombie said.
Details were commercially sensitive and further information could not be released for at least another couple of weeks, Mrs Abercrombie said.
The industrial-zoned properties have a rateable value of more than $1 million.
They are part of a package of land the council bought for $7 million from the Otago Rugby Football Union in 2008.
The seven houses and a shed were to be sold individually by public tender after a decision during a non-public section of a finance and strategy meeting in September.
The properties were not part of the public consultation on the development of the Carisbrook site in the wake of sporting codes' move to the Forsyth Barr Stadium.
A report on how the stadium and car park could be used for the city's recreational and sporting needs would be considered by the council's finance, strategy and development committee next month.
