Exactly half the apartments found new owners at this week's main Auckland apartment auctions

Exactly half the apartments offered at this week's main Auckland apartment auctions were sold under the hammer.

At City Sales' auction on Wednesday two apartments were offered, a smaller, two bedroom unit on Hobson St that went for $353,000 and a larger unit with a double garage in Grey Lynn that would have appealed to owner-occupiers but was passed in.

A small commercial unit on Victoria St West, which had a nail and beauty clinic as its tenant, was also offered, selling for $450,000.

At Barfoot & Thompson's auction on Thursday six apartments were offered and there was strong bidding on three them, with two selling under the hammer and one being passed in. 

But there were no bids on any of the other three and all were passed in.

There was also very competitive bidding for a 201 square metre retail premises in Panmure, which was offered at the same auction.

It had been divided into two shops, one of which was tenanted and the entire package sold under the hammer for $645,000.

Ray White City Apartments continued its recent run of successful auctions on Thursday afternoon, offering two apartments and selling both under the hammer after some spirited bidding.

You can see the full results from all three auctions, with the individual prices achieved on all of the properties that sold and details of those that didn't, on our Auction Results page.

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