“The underlying value of land in sought-after suburbs is significant, and with development opportunity, it was no surprise to see multiple parties competing to secure a bare block which is virtually impossible to come by in Northcote,” Mr Coulson said.
It was a great night for powerhouse office Ray White Remuera as Salespeople Gerard Charteris and Trent Colyer sold 169 Meadowbank Road (above) in Meadowbank for $1.755 million.
“The property was sold under the hammer with eight registered buyers after 76 groups viewed the property during the campaign,” Mr Charteris said.