It’s not often you get a 100% sales rate at an auction these days but it was a clean sweep at Ray White City Apartments’ Auckland auction this week.
Four units were on offer with three of them being bigger units that could have appealed equally to owner-occupiers or investors.
The larger units were a character (66 square metre) one bedroom loft apartment with a balcony on the funky side of town in Lorne Street in the CBD, a two bedroom, 65 square metre apartment with a balcony and three car parks in Mt Albert, and a 53 square metre, one bedroom apartment overlooking Myers Park in the CBD.
The compact unit was a 40 square metre, two bedroom unit in the Altitude building opposite the Sky Tower on Victoria Street.
Three of the units attracted multiple bids, with some of the bidding being quite spirited, while there was just one bidder for the fourth property but he increased his bid several times and by the end of the auction all four units had been sold under the hammer.
At Barfoot & Thompson’s regular apartment auction just one unit was on offer, a 49 square metre, two bedroom unit in the Aura building on Cook Street in the CBD.
Although the property had been advertised as requiring an urgent sale, it was passed in for sale by negotiation.
Details of all the properties offered at both auctions and the prices achieved on those that sold are available on our Residential Auction Results page.