60 attend auction, 134 bids placed! Older Macleans school zone home sells for $2,270,000!

There were several highlights in Barfoot & Thompson's auction rooms this week, with clearance rates at several sessions exceeding the winter average. Wednesday morning's City auctions achieved a clearance rate of 71%, Thursday morning's North Shore auctions reached 62.5%, and Wednesday afternoon's East Auckland auctions achieved 57%. Successful sales show strong demand for quality owner-occupied homes, driving buyer competition and further activity and change in the property market.

Home in the Macleans school zone
Sold at auction$2,270,000

 

 

 

On the afternoon of 31 July, 11 Colum Place, Bucklands Beach, listed by Mike Lu of Barfoot & Thompson Meadowlands and Cassie Su of its Pakuranga branch, went to an on-site auction brought forward after an acceptable pre-auction offer was received.

Built in the 1970s, the property occupies a site of 653 square metres，3 bedrooms and 1 bathroom. It enjoys an excellent location in the beautiful coastal neighbourhood of Bucklands Beach, offering attractive, liveable surroundings, with a walk of 10 minutes to Macleans primary and secondary schools and Bucklands Beach Intermediate, offering excellent educational options and considerable potential。

Around 60 people attended the auction, creating a lively atmosphere. Bidding opened at $1,863,000. Buyers raised their bids cautiously, with an average increment of $3000, but bidding remained steady and frequent, with a bid every 8 seconds. After 18 minutes and 134 bids, the final price was $2,270,000, well above its 2021 valuation (CV) of ($1,925,000）。

 

 

Family home in sought-after Orakei
Sold at auction$3,800,000

 

On Wednesday morning this week, 30 Tuhaere Street, Orakei, listed by Aaron Foss of the Mission Bay branch, went under the hammer in the City auction rooms for $3,800,000 and sold。 

 

Built in the 1930s, the property occupies a site of 882 square metres，5 bedrooms and 3 bathrooms， with an approximate floor area of 319 square metres. Situated in Orakei's most prestigious neighbourhood, it is an ideal family home. It is close to the beach and the range of water sports on Orakei Bay, with convenient commuting access to the CBD.

Bidding for this property opened at $3,000,000, and in just 2 minutes there were 9 bids， each increasing the price by $100,000, before it sold for $3,800,000, well above its 2021 CV of $3,500,000.

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Stunning modern home in Orakei
Sold at auction$3,420,000

 

 

On Wednesday morning, 101A Aotea Street, Orakei, listed by Aaron Foss of the Mission Bay branch, went under the hammer in the City auction rooms and sold at auction for $3,420,000 New Zealand dollars。 

This stunning modern home occupies a site of 463 square metres，4 bedrooms and 3 bathrooms， with an approximate floor area of 360 square metres. Combining elegance, functionality and modern luxury, it exemplifies refined living. Close to Mission Bay, it offers a peaceful retreat amid the bustle, with all the pleasures of Mission Bay's coastal lifestyle.

 

 

Torbay home on a large section with sea views
Sold at auction$1,857,000

 

On Thursday morning this week, 9 Sealy Road, Torbay, listed by Wendy Radcliffe of the Torbay branch, went under the hammer in the North Shore auction rooms for $1,857,000 and sold, with a premium of (over its 2021 valuation, CV = $1,710,000）147,000。 

This property occupies a site of 812 square metres，5 bedrooms and 3 bathrooms, with sweeping views across the Hauraki Gulf and Rangitoto. Waiake Beach, Torbay's shops and the primary school are within walking distance.