Ms. Franca said more than 100 groups viewed the home prior to the auction.
The winning buyer was a local developer.
Ms. Franca said the Pakuranga area was popular with developers due to the huge growth in the area.
She said properties were cheaper than Auckland City with less density.
“For example, the property at Tiraumea Drive has just one house on it, but the developer plans to build four or five on the one area,” Ms. Franca said.
“It is a bit unfair for first home buyers, because if it weren’t for developers the house may not have reached that price.”
