Ray White Remuera hammers home $13M in one night

Powerhouse office Ray White Remuera hammered home more than $13 million in just one night as they sold eight properties at auction for a strong 80 per cent clearance rate.

It has been an exceptional start to the year for Ray White Remuera regarding auction as the method of sale, with more than eight in every 10 properties selling via their campaigns.

“It was a really great evening for our sellers yesterday with strong bidding across all our homes under the hammer,” said Ray White New Zealand Lead Auctioneer John Bowring.

“The market is still travelling along nicely, and as yesterday proved, following the process to the letter can reap our sellers some excellent rewards via auction.”

It was a particularly good day for Salesperson Matt Gibson as he sold both of his properties under the hammer, and in doing so, secured the highest outcome of the night.

Mr Gibson, along with wife Lauren Andreoli, successfully sold 1 Macpherson Street (pictured top) in Meadowbank for $3.15 million – a whopping $1.425 million over the property’s CV.

“We had more than 150 groups through this stunning 2016 three-bedroom new build over the three-week auction campaign,” Mr Gibson said.

“It was another Meadowbank home we’ve sold that really had that ‘X’ factor which attracted the large numbers of buyers, and ultimately, 15 registered bidders were in the auction room to compete for it on the night.”

Mr Gibson then made it a double delight as he successfully managed the $1.355 million sale of Point England’s 25A Holland Avenue (pictured above).

“Point England is a very up-and-coming suburb with lots of development happening and we had 11 registered buyers on this home,” he said.