Auctions pick up as owner-occupier buyers return! 35 bids in 2 minutes for a brick-and-tile peninsula home

As the New Year holidays draw to a close and students return to school, Barfoot & Thompson’s auction rooms are picking up in February, with steady increases in the number of properties attracting bids and selling under the hammer. Sale prices ranged from $400,000 to $2,000,000, predominantly for homes meeting owner-occupiers’ needs.

 

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Te Atatu single-storey brick-and-tile peninsula home

2 minutes to sell at auction

 

On Wednesday afternoon at Barfoot & Thompson’s Shortland St auction rooms, a brick-and-tile home at 10 Mahina Place, Te Atatu Peninsula attracted strong interest. Bidding opened at $1,550,000, with two groups of buyers making bids within two minutes, totalling 35 bids, with a price of$1,870,000 securing the sale, above its 2021 CV of $1,850,000 and well above its previous sale price of $1,180,000 in 2016.

Listed by Grey Lynn branch agents Kath Barnes and Jacqui Vaughan-Kells, the property occupies 615 square metres, with 4 bedrooms, 2 bathrooms and approximately 220 square metres of floor area. Set in a quiet neighbourhood, it offers a spacious single-level layout and an extra-large garden. Supermarkets, cafés, shops and coastal walkways are within walking distance.

▲10 Mahina Place, Te Atatu Peninsula

 

Two North Shore homes in sought-after school zones

Sold at auction for $1,950,000

On Wednesday morning at Barfoot & Thompson’s Takapuna auction rooms, the home at 16 Zara Court, Pinehill, in a sought-after school zone, sold for $1,950,000.

Listed by Albany branch agent Lily Zhang, the property occupies 673 square metres, with 5 bedrooms, 4 bathrooms and approximately 326 square metres of floor area. Its private, quiet location is also very close to schools, the motorway, bus stops and other amenities. It offers access to quality North Shore state schools, including Murrays Bay School, Murrays Bay Intermediate, Mairangi Bay School and Rangitoto College.‍

▲16 Zara Court, Pinehill

 

Yesterday morning, the home at 24 Ballyboe Place, Pinehill, in a sought-after school zone, sold for $1,950,000.

Listed by Glenfield branch agents Lili Ma and Andy Ling, the property occupies 459 square metres, with 5 bedrooms, 4.5 bathrooms and approximately 305 square metres of floor area. Its exceptionally convenient location is within walking distance of supermarkets, shops and kindergartens, and very close to Westfield, public transport, the motorway and Massey University. It offers access to quality state schools, including Rangitoto College, Long Bay College, Northcross Intermediate and Pinehill School.

▲24 Ballyboe Place, Pinehill

 

 

South Auckland auction sales

Several affordable properties

 

On Wednesday afternoon at Barfoot & Thompson’s Highbrook auction rooms, all 6 properties attracted bids and 3 sold.

Listed by Papatoetoe branch agents Girish Verma and Reema Sabherwal, 2/46 Overton Road, Papatoetoe sold at auction for $855,000. The property has a cross-lease title, with two homes sharing 885 square metres. It has 3 bedrooms, 1 bathroom and approximately 100 square metres of floor area. Its 2021 CV was $830,000.

▲2/46 Overton Road, Papatoetoe
Listed by Manurewa branch agents Yugal Sachdeva and Dave Singh, 1/116 Great South Road, Manurewa sold at auction for $844,000. The property has a cross-lease title, with two homes sharing 1072 square metres of land. It has 3 bedrooms, 2 bathrooms and approximately 130 square metres of floor area. Its 2021 CV was $810,000.

▲1/116 Great South Road, Manurewa

 

Rural and lifestyle properties

Clearance rate reaches 100%

 

Yesterday afternoon at Barfoot & Thompson’s Pukekohe branch, all 3 properties sold at auction, achieving a clearance rate of 100%.

A farm covering 3.53 hectares sold at auction for $1,850,000, with a 2021 CV of $860,000.

▲42 Ewing Road, Tuakau sold for $1,850,000
A 2-bedroom, 1-bathroom townhouse in Pukekohe also sold for $555,000 (2021 CV: $590,000), while a rural property in Karaka on 5501 square metres sold for $1,380,000 (2021 CV: $1,325,000).