Ray White City Apartments sold half of their latest offerings under the hammer at this week's auction

Four of the eight apartments on offer at this week's Ray White City Apartments auction in Auckland were sold under the hammer, with the other four passed in for sale by negotiation.

Most of the offerings attracted competitive bids, although there were no bids for a large apartment in the Quest building on Queen St, even though it was not part of that building's hotel complex and would have been suitable for owner-occupiers.

A couple of leasehold apartments in the CBD were also on offer and one attracted some surprisingly strong bids, but neither of them sold.

See below for the full results:

• 1E/14 Exmouth St, Eden Terrace. Basque Central building. A 70 square metre, two bedroom, two bathroom with tandem car parks, two storage lockers and a large balcony overlooking Basque Park. Vacant. There was very competitive bidding from at least six potential buyers for this property. According to QV.co.nz  and it sold for $693,000. According to QV.co.nz it had been purchased for $430,000 in 2010. Rates were $1722 and the body corporate levy $5182. The agents were Judi and Michelle Yurak.
• 1207/9-17 Byron Ave, Takapuna. Spencer on Byron building. A 48 square metre, one bedroom furnished apartment under management contract to the hotel. The building has weathertightness issues. There was only one bidder for the property and it was passed in at $245,000 plus GST if any. The agents were Gillian Gibson and James Mairs.
• 19C/15 Whitaker Place. Columbia building. A 28 square metre, two bedroom unit. One of two units off in the same building offered for sale at the same auction (see below). Vacant. Sold for $170,000 plus GST if any. According to QV.co.nz the unit had been purchased for $164,000 in 2002. Rates were $866 and the body corporate levy $4653. The agents were Ryan Bridgman and Mitch Agnew.
• 7C/15 Whitaker Place. Columbia building. A 28 square metre, two bedroom unit. Vacant. Sold for $178,000 plus GST if any. According to QV.co.nz the unit had been purchased for $152,000 in 2002.Rates were $859 and the body corporate levy $4308. The agents were Ryan Bridgman and Mitch Agnew.
• 516/23 Whitaker Place. Empire building. A 57 square metre, three bedroom unit in a building with weathertightness issues, under management contract..Offered for sale on an "as is, where is" basis. Sold for $200,000. According to QV.co.nz the unit had been purchased for $284,000 in 2006. The agents were Damian Piggin and Daniel Horrobin.
• 2/55 Mahuhu Crescent. Brownstone building. A 133 square metre, three bedroom plus study unit, with two car parks. Vacant. Leasehold. There were multiple bidders for the property but it was passed in at $555,000. According to QV.co.nz it had originally been purchased in 2004 for $620,000 and resold in 2014 for $340,000. Rates were $1878 and the body corporate levy $16,212. The agents were Ryan Bridgman and Mitch Agnew.
• 16F/363 Queen St. Quest on Queen building. Quick flick. A 75 square metre, two bedroom/two bathroom unit with car park and balcony. Vacant and one of the few units in the building not under management contract to the hotel. When there were no bids for the property it was passed in with a vendor.bid of $650,000. According to QV.co.nz the unit had been purchased for $593,800 in June last year. The agent was Eden Thomson.
• 309/57 Mahuhu Cres. Hudson Brown building. A 60 square metre, one bedroom unit with a car park. Rented at $420 a week. Leasehold. Passed in at $150,000. According to QV.co.nz the unit had been purchased for $280,000 in 2008.

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