With only three properties on the Order of Sale it was a thinner than usual crowd that turned out to this week's Ray White City Apartments auction and the offering got even thinner when the auction of the first lot, an apartment in a leaky building in Upper Queen St, was postponed for a week.
That left two to be auctioned, a leasehold apartment in Parnell and what appeared to be an ex-state house in Mt Roskill.
There was a deafening silence when the auctioneer called for an opening bid on the apartment, so he opened with a vendor bid of $450,000 and when there were no further bids it was passed in.
There was a bidding duel between two potential purchasers of the Mt Roskill house, but the top bid wasn't quite enough and it was also passed in.
See below for the full results of this week's auction:
- 1A/23 Upper Queen St. Westmount building. A two bedroom/two bathroom unit in a leaky building needing remediation work. The auction of this unit was postponed for a week. The agents were Simon Harrison and Daniel Horrobin.
- 501/88 The Strand, Parnell. Mirage building. A two bedroom leasehold unit. When there were no bids on the unit the auctioneer made a vendor bid of $450,000. But when there were no further bids it was passed in. The agents were Mitch Agnew and Ryan Bridgeman.
- 6 Parkinson Ave, Mt Roskill (pictured). A three bedroom house (one bedroom a single) with a separate sleep out on a 713 square metre section. According to QV.co.nz the property had been purchased for $670,000 in December 2013. It had recently been given a tart up. There were two keen bidders but when the top bid of $795,000 failed to meet the vendor's expectations it was passed in. The agent was Victor Lui.
9 Comments
Mt roskill one is interesting, not willing to take the profit on offer to me seems like willing to wait for the market to turn up. would fall outside the 2 year bright line so can claim change of circumstance as reason for selling I ponder will any tax be paid on the gain, hmm would not put my house on it
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