The biggest lineup at this week's Auckland apartment auctions was at Barfoot & Thompson's CBD rooms, where 10 apartments were on offer.
They were a good mix too, ranging form a leasehold unit in a building just off the top end of Queen St to a 148 square metre, three bedroom unit on the CBD fringe.
However, there was a surprisingly small number of people at the auction itself considering the number of properties on offer, although telephone bidders were also active on several properties.
Only two of the 10 apartments on offer were sold under the hammer, with the rest being passed in for sale by negotiation.
Three of those that were passed in received no bids.
The apartments that sold were a two bedroom unit (48 square metres) in the Zest building on Nelson St, which is a mainstay with residential property investors.
Although there was only one person bidding, it sold under the hammer for $450,000.
The other property to sell was a 39 square metre studio in a building on Whitaker Place.
There was keen competition for this unit from several bidders and it sold for $222,000.
Up at Ray White City Apartments, this week's auction was small but perfectly formed, with just two units on offer and both selling under the hammer.
One was a one bedroom, leasehold apartment in the Scene Three building on Beach Rd that went for $130,000 and the other was a studio unit in the Avoka building on Day St, which is facing potential remediation issues.
It went for $175,000.
The full results from both auctions, with details of all properties including those that didn't sell, are available on our Auction Results page.
You can receive all of our property articles automatically by subscribing to our free email Property Newsletter. This will deliver all of our property-related articles, including auction results and interest rate updates, directly to your in-box 3-5 times a week. We don't share your details with third parties and you can unsubscribe at any time. To subscribe just click on this link, scroll down to "Property email newsletter"and enter your email address.
We welcome your comments below. If you are not already registered, please register to comment
Remember we welcome robust, respectful and insightful debate. We don't welcome abusive or defamatory comments and will de-register those repeatedly making such comments. Our current comment policy is here.