There was plenty of bidding at the latest Auckland apartment auctions but not everything sold under the hammer

This 30 square metre studio apartment in the Bankside building sold for $283,500.

This week's apartment and commercial property auction at Barfoot & Thompson's rooms on Auckland's Shortland Street attracted one of the biggest crowds we've seen for a while.

The majority of those attending were there for the two commercial properties on offer, a light industrial unit in Mt Wellington and a shop in Mt Roskill.

Both were of a type that would appeal to mum and dad investors and bidding on them was fierce and they both sold under the hammer.

There were also multiple bidders on both of the apartments on offer, a luxury apartment on Albert St and a smaller 56 square metre unit on Anzac Ave in the CBD.

Bidding got to $1.3 million for the luxury unit and to $440,000 on the Anzac Ave unit, but in both cases that wasn't enough to clinch a sale and they were both passed in for sale by negotiation.

At Ray White City Apartments' weekly auction four units were on offer ranging from standard investor fare to a luxury penthouse and three were sold under the hammer. But there was only one bidder for the penthouse apartment and it was passed in for sale by negotiation.

The full results from both auctions with the prices achieved on the properties that sold, are available on our Auction Results page.

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