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City Sales real estate

Auckland's shoebox apartments can still provide superior returns to rental properties in the suburbs or provincial areas
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Auckland's shoebox apartments can still provide superior returns to rental properties in the suburbs or provincial areas
City Sales sold three quarters of the apartments at its latest auction but bidders weren't keen on a leasehold unit in Parnell
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City Sales sold three quarters of the apartments at its latest auction but bidders weren't keen on a leasehold unit in Parnell
Number of apartments being auctioned doubles as investors decide to turn capital gains into cash
Number of apartments being auctioned doubles as investors decide to turn capital gains into cash
A 42 square metre student flat with three bedrooms sells for $140,000, 18 square metre studio is passed in
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A 42 square metre student flat with three bedrooms sells for $140,000, 18 square metre studio is passed in
A Princes Wharf apartment loses three quarters of its value at auction but provides its new owner with a 28% rental yield
A Princes Wharf apartment loses three quarters of its value at auction but provides its new owner with a 28% rental yield
An apartment bought at auction last month was resold two weeks later for $55,000 more than it was purchased for
An apartment bought at auction last month was resold two weeks later for $55,000 more than it was purchased for
There was keen bidding for a 1940s-era home unit in Huntly but the owners of a leasehold unit in Auckland's CBD take a haircut
There was keen bidding for a 1940s-era home unit in Huntly but the owners of a leasehold unit in Auckland's CBD take a haircut