The top auction result for the week went to Ray White Mangere Bridge agent Shaan Joshi who sold 6 Grey Street, Onehunga, Auckland City under the hammer for $2.565 million. With Mr Steele calling the auction, the property recorded four registered bidders and two active bidders.
“The vendors were really happy with the result. It sold for $265,000 over CV which is uncommon in the New Zealand market at the moment,” Mr Joshi said.
“The vendors had been there 20 years and did an extensive renovation five years ago. They have now bought a lifestyle block out in Karaka where they could have some horses.
“The buyers were a family who lived in the area and wanted to upsize.
“Onehunga is full of villas but this was the kind of home you’d see in the Ponsony market with a beautiful renovation, pool, and some sea views. It was a really unique property in the market.”
Mr Joshi said the market was good, but there was lots of stock at the moment.
“There are buyers there but you have to work harder with them at the moment,” he said.
“You also have to make sure the vendors are willing to meet the market, or buyers will just move onto the next property.”
The auction with the highest number of bidders was Ray White Half Moon Bay agents Brandon McCorkindale and Carol Woods’ auction at 24 Sandgate Avenue Botany Downs, Manukau City, which recorded 10 registered bidders and nine active bidders. With Ray White New Zealand auctioneer Ben East calling the auction, the property sold under the hammer for $1.221 million.
Media contacts:
Sam Steele
Head Auctioneer
Ray White New Zealand
027 864 3254
ssteele@raywhite.com
Cassandra Glover
Media Advisor
Ray White Group
+61 447 000 472
cglover@raywhite.com
