Barfoot & Thompson’s auction rooms continue to be busy, with 260 residential properties marketed for auction last week and 117 selling either under the hammer or by 5pm the following day, giving a sales rate of 45% (see chart below).
Sales of note included a house in Remuera that sold for $6.4 million and another in Mt Eden that sold for $6 million.
The Remuera home has four bedrooms and a pool, but was on two titles and came with a total land package of 1571 square metres, “…offering massive creative potential for a family or developer,” according to the description on Barfoot’s website.
The Mt Eden house was a two storey bungalow on a 3040 square metre rear section, “…which could be developed as a multiple unit site subject to resource consent,” according to its page on Barfoot’s website.
Details of the individual properties that were auctioned and the prices achieved on those that sold are available on our Auction Results page.
|On site. Various dates||15||13||28|
|Shortland St, CBD. 28 February.||9||9||18|
|Manukau. 28 February.||26||24||50|
|Pukekohe. 1 March.||1||3||4|
|Shortland St, CBD. 1 March.||30||44||74|
|North Shore. 2 March.||19||25||44|
|Shortland St, CBD. 2 March.||10||12||22|
|Shortland St, CBD. 3 March||7||13||20|
|Total All Auctions||117||143||260|
|*Sold includes properties sold under the hammer or by 5pm the following day. Not sold includes properties passed in at auction and remaining unsold by 5pm the following day and properties that were marketed for auction but withdrawn from sale or had their auction postponed prior to the event.|
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