There was competitive bidding on most of the apartments on offer at the main Auckland apartment auctions, but no bids for a leasehold unit in the CBD

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A two bedroom unit in the Volt building (above) sold for $370,000.

There was a good level of bidding at this week’s main Auckland apartment auctions with half of the properties offered selling under the hammer.

At City Sales just one apartment was up for grabs, a two bedroom unit in the City Zone complex on Liverpool St.

There were multiple bidders for it and it sold under the hammer, so the auction was short and sweet.

At Ray White City Apartments eight units were on offer, five of them in the CBD plus one each in Takapuna, Flat Bush and Mt Wellington.

The apartment in Flat Bush had remediation issues, but there were several potential buyers prepared to take a punt on it and bidding was competitive which saw it sell under the hammer, although it remediation issues were reflected in the price.

Two other apartments sold under the hammer and there was competitive bidding on another two that were passed in, another attracted just a single bid and was passed in and two attracted no bids, including a leasehold unit in the Scene Three building on Beach Road.

Details and photographs of all of the properties offered at both auctions and the prices achieved on those that sold, are available on our Residential Auction Results page.

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