The cheapest property auctioned by Bayleys in Auckland last week was a one bedroom apartment in the Scene Three complex on Beach Rd in downtown Auckland, which sold for $135,000.
As well as the main bedroom, the apartment came with a small second bedroom or study and a car park, but was on a leasehold title with annual ground rent payments of $7034. According to QV.co.nz the apartment was originally purchased for $265,000 in 2006 and then resold for $218,130 in 2011.
Elsewhere in the city, a two bedroom, freehold apartment on St Benedicts St in Newton sold for $825,000, while a two bedroom/two bathroom apartment in the Sentinel building at Takapuna, which had sweeping views of the Hauraki Gulf, sold for $1.18 million.
The cheapest freestanding house auctioned by Bayleys in Auckland last week was a 1930s-era, three bedroom bungalow in Pukekohe which went for $485,000 and if you wanted to be a little closer to the CBD you could have picked up a 1960s-era three bedroom house in Manurewa for $536,000.
Even closer to two, a three bedroom house in Panmure could have been yours for $637,500.
In the city's leafier suburbs, a couple of old villas on Paice Ave, which runs between Dominion Rd and Sandringham Rd, went under the hammer.
One was a deceased's estate and was tidy but with dated decor, complete with wildly patterned carpet, lace curtains, striped wallpaper and even it came with a tool shed and outhouse. It sold for $1.535 million.
Another villa in the same street had been converted to two flats that were providing rental income of $735 a week and it sold for $1.503 million.
Over in Westmere, a villa converted to two flats, which was described as a do up, sold for $1.4 million.
On the other side of the Bombays, a renovated three bedroom, character cottage in Cambridge sold for $363,000, while Bayleys' Taranaki branch sold a couple of commercial building sites in central New Plymouth for $470,000.
The fulls results of last week's Bayleys auctions in Auckland, Waikato, Bay of Plenty and Taranaki are listed below:
Bayleys Taranaki Auction Results:
Bayleys Waikato Auction Results:
Bayleys Bay of Plenty Auction Results:
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