There was plenty of action at the latest Auckland apartment auctions, with all five of the apartments auctioned by City Sales selling under the hammer and four of the six auctioned by Ray White City Apartments selling under the hammer.
At the City Sales auction prices started at $205,500 for an 18 square metre studio with a balcony but no car park in the Sun building located in the student district of Wakefield St in the CBD.
At the other end of the spectrum, a 100 square metre, two bedroom unit with a tandem car park in a mid-rise block in Grey Lynn sold for $825,000.
At the Ray White City Apartments auction, prices started at $281,000 for a massive 149 square metre, four bedroom unit with two bathrooms and four car parks in the Scene One building on Beach Rd in the CBD.
The property was rented at $1500 a week, but the apparently low price was because it was on a leasehold title and had combined outgoings of $31,004 a year (including ground rent).
You can check out the results of the latest apartment auctions, with details and photos of the auctioned properties including those that didn’t sell, on our Auction Results page.
To access the page hover your cursor over the Property tab located just under the banner near the top of this page and select “Auctions/Sales Results” from the drop down menu.
To view CBD sales search under “Auckland Central” in the location search field, or you can search by the name of the agency that conducted each auction.
You can receive all of our property articles automatically by subscribing to our free email Property Newsletter. This will deliver all of our property-related articles, including auction results and interest rate updates, directly to your in-box 3-5 times a week. We don’t share your details with third parties and you can unsubscribe at any time. To subscribe just click on this link, scroll down to “Property email newsletter”and enter your email address.