Auction results: The Easter break saw fewer apartments being auctioned but buyers weren't shy about making bids with most selling under the hammer

This two bedroom apartment (80 square metres) in the H47 building in Auckland's CBD sold for $666,000.

There were fewer Auckland apartments on offer at the main apartment auctions this week, as is often the case in the weeks either side of the Easter break, but there was plenty of interest from buyers and most of what was offered was sold under the hammer.

At Barfoot & Thompson's regular apartment auction, just one apartment was on offer, a spacious 126 square metre apartment in Grafton, with two bedrooms, two car parks and a very large balcony.

There were multiple bidders for it and it sold under the hammer for $810,000.

Unfortunately there wasn't the same level of interest for a commercial property offered at the same auction.

The 271 square metre retail premises on the corner of the Meadowbank Shopping Centre was passed in without receiving any bids.

At Ray White City Apartments' auction four properties were offered and three of them sold under the hammer.

Although there were multiple bidders for the fourth property, a one bedroom unit not leased to the hotel in the Spencer on Byron at Takapuna, the bids weren't high enough to get it across the line and it was passed in.

The auction results with the prices achieved on individual properties are available on our Auction Results page.

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4 Comments

"80%, a stunning result! Things are taking off again!" - Might-be Ted Stanton

Taking time to pass comments at this article??

Is one reason their is less being offered at auction, because they are drip feeding them to the market,?