There was a hint of spring in the air at the main Auckland apartment auctions this week, with a good selection on offer and a good level of interest from buyers.
City Sales kicked off the week with two apartments on offer at their Wednesday auction, a vacant, one bedroom, leasehold unit in the Sebel building down at Viaduct, and a one bedroom unit in the Tetra building on Wakefield Street.
Both attracted a good level of interest with multiple bids on both properties but only the Sebel unit sold under the hammer while the Tetra unit was passed in for sale by negotiation.
There were also two units on offer at Barfoot & Thompson’s apartment auction on Thursday morning, a one bedroom unit in The Statesman building near the High Court which attracted competitive bidding and was sold under the hammer, and a dual key apartment (two adjoining, self contained studios on a single title) in the Queens Residence building on Airedale Street that was passed in.
A good crowd turned out for the seven apartments that were on offer at Ray White City Apartments’ weekly auction, with multiple bidders for five of them and four selling under the hammer.
The cheapest sale of the week was a leasehold, two bedroom unit with a car park in The Docks building on Quay Street that sold at Ray White for $178,000, and the most expensive was the Statesman unit sold at Barfoot’s auction for $533,000.
Details of the prices achieved on the individual properties that sold are available on our Residential Auction Results page.
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