Auckland Real Estate Auction Highlights - A Promising Market Rebound

Auckland Real Estate Auction Highlights - A Promising Market Rebound

Auctioneer Ted Ingram declared, "Confidence is returning to the market."
Let's dive into the exciting outcomes of the auction:

601/2 Beach Road - A Leasehold Delight In the spotlight was a charming one-bedroom leasehold property complete with a carpark, fetching $560 per week in rent.
The excitement was palpable as seven enthusiastic bidders vied for this coveted gem. Unsurprisingly the gavel fell, with the property being claimed under the hammer, closing at an impressive $34,000.

702/421 Queen Street - A Hot Commodity With a three-bedroom apartment boasting a rental appraisal ranging from $560 to $580 per week, this property had investors and home seekers buzzing with interest. Four serious bidders entered the fray, and while the hammer didn't fall in its favor, the auction was a testament to its desirability. Bidding intensified for the negotiator position, signaling that this property is on the verge of finding a new owner.
The opportunity is now open for conditional offers, so don't miss your chance to secure this sought-after piece of real estate. Lucy Piatov is your contact, reach her on 021 400 022 and act fast, we are expecting offers today. 

10P/100 Greys Avenue - An Unmissable Opportunity Although this unique split-level one-bedroom apartment overlooking Myers Park with two bathrooms and a carpark was withdrawn from the auction the day before, it remains available for purchase through City Sales. This exceptional property promises a distinctive lifestyle and investment opportunity. To arrange a viewing or explore this exclusive offering further, reach out to James Mairs 027 580 2727.

1516/23 Whitaker Place - A Sound Investment The auction's standout performer was a three-bedroom, two-bathroom property currently fetching $540 per week in rent. In a resounding success, this property was snapped up under the hammer for an impressive $142,000 + GST.

These auction results tell a compelling story of renewed confidence in the Auckland real estate market. Whether you're in search of your dream home or a savvy investment opportunity, now is the perfect time to explore these offerings.
Feel free to contact City Sales for more details or to take the next step toward realising your real estate aspirations. Confidence is indeed making a comeback, and exciting prospects await those ready to seize them.