Auckland Auction Recap: The Unmissable Sales and Surprises

Auckland Auction Recap: The Unmissable Sales and Surprises

It's that time again - Are you in the market for property in Auckland?
If you missed today's auction event, don't worry. We've got the details on todays sales that you won't find online.
In a packed house, with eight properties going under the hammer, the excitement was palpable.
Auctioneer Ted Ingram says “Indications are the market is heading upwards!”

Here's a quick rundown of the highlights from today's auction.

Property 1 – 1F/99 Customs Street West:
This Viaduct Quarter gem was sold under the hammer for a remarkable $120k. Eight bidders and 24 bids later, the new owners are in for a lifestyle that will make them feel like millionaires. With the rich and famous as neighbors, champagne on every corner, and super yaughts on the doorstep - this property is truly a star-studded haven. We know the buyer will live luxuriously here or cash in on the prime rental location.

Property 2 – 1 Cotesmore Way:
With seven bidders and an astonishing 55 bids, this property found its new owner at $145k. Formerly damaged by flooding, it has been meticulously renovated and is now ready for immediate occupancy or rental.
If you're gutted you missed out on this one, get in touch with Ainsley today - we may have a suitable replacement for you. 

Property 3 – 304/75 Halsey Street:
While this corner one-bedroom apartment with a car park passed in at $140k with just one bidder and two bids, the conditional interest at higher levels tells us that the story isn't over yet. An affordable waterfront lifestyle awaits city dwellers, lock-and-leave visitors, busy professionals, and savvy investors. Maryanne Wong is your contact here. Act fast, at this stage it's looking like we'll have a multi offer situation. 

Property 4 - 52G Ronayne Street:
Located in one of Auckland's most prestigious postcodes "Parnell", this 3-bedroom terrace house with an internal garage sold for a entry level $106k. Auctioneer Ted Ingram shared some wise tips for nervous bidders, "if you bid $1000 more, you'll own it; if they bid again, you've spent nothing," and added some extra excitement to the bidding war.

Property 5 + 6 – 158/26 Te Taou Crescent and 144/26 Te Taou Crescent:
Things got intense with dirty buyer tactics on the floor prompting a gentle reminder "We don't need your comments, just your bids" as 2 bidders utterly duked it out for these units. Ultimately, City Sales prevailed with both properties sold above reserve. It was a showdown where actions spoke louder than words.

Property 7 – 1711/11 Liverpool Street:
This property, sold at $163k, was described as a hidden gem. With six bidders and 11 bids, it's a true bargain that people mightnt believe is freehold - yes freehold!. Boasting a compact and charming space that's currently home to a happy tenant. The winning buyer's determination shone through as they increased their own bid multiple times to secure this fantastic deal.

Property 8 – 14B/135 Victoria Street West:
Possibly the most fabulous apartment in its complex, this penthouse-level property was passed in at $440k. The drama unfolded as a $120k offer skyrocketed by an astounding $320k on the floor as our auctioneer worked the floor. The owner is holding out for more, and interested parties should reach out to James Mairs to uncover what makes this property truly special.

Today was quite the workout for our auctioneer, Ted Ingram, who dedicated over an hour to the thrilling calls and negotiations. The message is clear: when it comes to selling your property, City Sales is the team you want on your side. Our unbeatable auction record speaks volumes, setting us apart from any other agency in the city. If you're ready to sell or find your dream property, don't hesitate to contact City Sales at 09 3030 601. We're here to make your real estate goals a reality.