Auckland house along the road from billionaire Graeme Hart's mansion sells for $3.5 million

Barfoot and Thompson achieved sales on 36% of the residential properties the company marketed for auction last week.

Of the 212 properties scheduled for auction, 76 were sold either under the hammer or by 5pm the following day, leaving 136 unsold.

That included 11 properties that either had their auctions postponed or were withdrawn from sale, with the remainder available for sale by negotiation.

Sales remained slow at the Manukau auction where seven of the 32 (22%) properties scheduled for auction were sold.

At the North Shore auctions sales were achieved on a third of the properties.

Highlights included a five bedroom house on Riddell Road in Glendowie with expansive sea views from its upper level that went for $3.5 million. At the other end of the price scale a four bedroom house on a 690 square metre section at Otara went for $540,000.

 At the Whangarei auction a modern, three bedroom house in a bush setting on a 1552 square metre section sold for $415,000.

The full results with the prices achieved on individual properties and details of those that didn’t sell, are available on our Auction Results page.

Barfoot & Thompson Residential Auction Results: Week Ending 25 March 2017
Venue  Sold* Not Sold* Total
On Site 8 12 20
Manukau. 21 March 7 25 32
Shortland St, CBD. 21 March 6 12 18
Shortland St, CBD. 22 March 23 21 44
Whangarei. 22 March 2 1 3
Pukekohe. 22 March 2 4 6
Shortland St, CBD. 23 March 11 14 25
North Shore. 23 March 15 31 46
Shortland St, CBD. 24 March 2 16 18
Total 76 136 212
*Sold includes properties sold under the hammer and by 5pm the following day. Not sold includes properties that were passed in at auction and remained unsold by 5pm the following day, plus properties withdrawn from sale or that had their auction date postponed.

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