Grey Lynn warehouse converted to residential use sells for $1.45 million

There would have been a few Champagne corks popping after Bayleys' latest Auckland residential auctions, with sales achieved on two thirds of the homes offered, although the number of homes being auctioned remains low.

Of the 15 Auckland homes Bayleys auctioned 10 were sold, giving a sales clearance rate of 67%.

Although there wasn't a lot on offer they were well spread throughout the region, from Waimauku in the north to Patumahoe in the south.

Prices ranged from $730,000 for a three bedroom character house on a 1530 square metre section at Waimauku to $1,620,000 for a three bedroom penthouse apartment in the CBD.

One of the more unusual properties offered was a Grey Lynn warehouse which had been converted to residential use (pictured at right, with more photos below) which fetched $1.45 million.

Other sales included properties in Glendene, Milford, Devonport, Howick and Royal Oak.

You can see the results with photos and details of all the properties offered, on our Residential Auction Results page.

Below: Interior photos of the Grey Lynn warehouse that sold for $1.45 million.

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