Archive | Victoria Quarter

4 apartments sell at Ray White auction

4 of the 6 apartments & townhouses auctioned at Ray White City Apartments yesterday were sold under the hammer.

CBD

Learning Quarter

Connaught, 14 Waterloo Quadrant, units 5A & 5L:
Features: 130m², 2 bedrooms, 2 bathrooms, balcony, 2 storage lockers, secure parking space
Outgoings: rates $2539/year including gst; body corp levy 5A $5245/year, 5L $5032/year (currently includes 2 parking spaces)
Income assessment: $850-895/week furnished, $2100/week furnished & serviced
Outcome: sold for $1.25 million
Agents: Adele Keane & Dusan Valenta

Uptown

Verandahs, 36 Boardman Lane:
Features: 55m², 2 bedrooms, deck, parking space
Outgoings: rates $1214/year including gst; body corp levy $4790/year
Outcome: sold for $425,000
Agents: Adele Keane & Dusan Valenta

Victoria Quarter

Ascent, 149 Nelson St, unit 515:
Features: 39m², one bedroom, parking space; code compliance certificate awaited following remediation, stage 2 remedial works due to start
Outgoings: rates $1007/year including gst; body corp levy $3064/year
Income assessment: $410/week, fixed until April
Outcome: sold for $255,000
Agents: Damian Piggin & Daniel Horrobin

Isthmus east

Parnell

Quest Parnell, 6-8 Heather St, unit 310:
Features: 30m² studio, leased to Quest Hotel until 2023
Outgoings: rates $4461/year including gst; body corp levy $2552/year
Income assessment: $17,640/year including gst, review due April 2018
Outcome: passed in, back on market at $235,000 + gst
Agent: Susanne Bussell

Isthmus west

Eden Terrace

70 Randolph St, unit 3:
Features: 80m², renovated 2-bedroom townhouse, internal-access parking space
Outgoings: rates $1542/year including gst; body corp levy $2403/year
Income assessment: $650-700/week furnished
Outcome: sold for $642,000
Agents: Mitch Agnew & Krister Samuel

Mt Eden

42 Harold St:
Features: 120m², 2 bedrooms, study, double garage
Outgoings: rates $1804/year including gst; body corp levy $3277/year
Income assessment: $700-750/week furnished
Outcome: no bid
Agent: Krister Samuel

Attribution: Auction.

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3 apartments sell at auction

3 apartments were sold at Bayleys’ city auction today and 2 townhouses were passed in. The units included 2 with remediation issues – one sold.

CBD

Learning Quarter

Connaught, 14 Waterloo Quadrant, unit 8C (building pictured):
Features: one bedroom, deck, storage locker, secure parking space
Outgoings: rates $1825/year including gst; body corp levy $5032/year
Outcome: sold for $600,000
Agents: Diane Jackson & Julie Prince

Victoria Quarter

First Imperial, 125A Hobson St, unit 10B:
Features: 96m², 2 bedrooms, balcony, parking space
Outgoings: body corp levy $6709/year
Income assessment: $680-700/week
Outcome: sold for $592,000
Agent: Sam Yeung

Isthmus east

Grafton

Luna, 16 Burton St, unit 5K:
Features: 2 bedrooms, 2 bathrooms, custom storage shelving, deck, secure parking space; remediation underway, apartment sold on “as is” basis with no further levy liability for the vendor
Outgoings: body corp levy $4725/year
Outcome: sold for $368,500
Agents: Dave Hamlyn & Wendy Nichols

Isthmus west

Grey Lynn

35 Turakina St, unit 6:
Features: one-bedroom unit, parking space
Outgoings: rates $1359/year including gst; body corp levy $2356/year
Outcome: passed in at $450,000
Agent: Blair Haddow

Mt Eden

Mountview Village, 86 Harold St, unit BU
Features: 2-level one-bedroom townhouse, study, parking space; the body corporate settled a remediation claim in 2012, the building has been reclad and code compliance certificate issued, but the contractor & owners are now in dispute on costs
Outgoings: rates $1467/year including gst; body corp levy $2409/year
Outcome: passed in at $530,000
Agents: Dave Hamlyn & Wendy Nichols

Attribution: Auction.

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One unit out of 5 sells at Barfoot auctions

One suburban unit sold post-auction out of 5 offered at 3 sessions at Barfoot & Thompson’s city office last week.

The unit sold was in Greenlane. A SugarTree apartment in the city centre didn’t receive a bid.

In the agency’s Thursday morning apartments auction session, one of the 2 units sold under the hammer.

CBD

Victoria Quarter

SugarTree, 27 Union St, unit 514:
Features: 49m², one-bedroom apartment, study, balcony, parking pace
Income assessment: $500/week + $70/week for parking, fixed until February
Outcome: no bid
Agents: Ivy Ong & Tom Chiu

Isthmus east

Greenlane

30 Garland Rd, unit 2:
Features: 2-bedroom unit, deck, double garage
Outcome: sold post-auction
Agents: Helen Lam & Wendy Sadd

Isthmus west

Mt Roskill

1542 Dominion Rd Extension, unit 2:
Features: 3-bedroom unit, study, internal-access garage
Outcome: no bid
Agents: Eric Xie & Lindsay Hooke

24 Princes Avenue, unit 3:
Features: 67m², 2-bedroom unit, garage
Outcome: passed in at $710,000, back on market at $839,000
Agent: Dee Brennan

North-west

Te Atatu South

35A Coniston Avenue, unit 1:
Features: 2-bedroom unit, internal-access garage
Outcome: passed in
Agents: Fleur Reece & Angela Light

Attribution: Auctions.

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Heritage apartment sells

A Heritage apartment on Hobson St was sold and a Crescent one back of the High Court was passed in at Barfoot & Thompson’s city apartments auction today.

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Learning Quarter

The Crescent, 36 Eden Crescent, unit 604:
Features: 2 bedrooms
Outgoings: rates $1227/year including gst; body corp levy $4341/year
Outcome: passed in at $350,000
Agents: Zoran Farac & Stephen Shin

Victoria Quarter

Heritage Farmers, 35 Hobson St, unit 415:
Features: 36m², fully furnished one bedroom
Outgoings: body corp levy $5254/year
Income assessment: $385/week current
Outcome: sold for $300,000
Agents: David Dai & Flora Yu

Attribution: Auction.

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4 apartments out of 6 sell at auction

4 of the 6 city centre & western fringe apartments auctioned at Bayleys yesterday were sold under the hammer.

The high success rate started with a new unit in the 20-apartment Aria development on Vinegar Lane, one back from Ponsonby Rd, and continued with sales in the Brooklyn, Statesman & 8 Hereford Residences.

CBD

Federal St

Federal Court, 198 Federal St, unit 4D:
Features: 116m², 5 bedrooms, 2 bathrooms, balconies
Outgoings: body corp levy $7714/year
Outcome: sold in August 2016 for $690,000, passed in at $725,000
Agents: Julie Prince & Diane Jackson

Learning Quarter

Brooklyn, 66 Emily Place, unit 13:
Features: one bedroom
Outgoings: body corp levy $4461/year
Income assessment: $490/week, fixed until mid-February
Outcome: sold for $580,000
Agents: Julie Prince & Diane Jackson

Statesman, 1 Parliament St, unit 608:
Features: 2 bedrooms, built-in wardrobes, wraparound deck, parking space
Outgoings: rates $2046/year including gst; body corp levy $5842/year
Outcome: sold for $811,000
Agents: Dave Hamlyn & Wendy Nichols

Uptown

8 Hereford Residences, 8 Hereford St, unit 1803:
Features: 102m² internal, 16m² covered deck, 2 bedrooms, 2 bathrooms, 2 side-by-side parking spaces, storage
Outgoings: body corp levy $5636/year
Outcome: sold for $1.436 million
Agents: Suzie Paine & Trent Quinton

Victoria Quarter

Hobson Lofts, 203 Hobson St, unit 6:
Features: 2 bedrooms, 2 bathrooms, upstairs office nook, tandem parking spaces
Outgoings: body corp levy $5820/year
Outcome: no bid
Agents: Diane Jackson & Julie Prince

Isthmus west

Grey Lynn

Aria, 11 Vinegar Lane, unit 503:
Features: one-bedroom corner apartment, flexi-room, vaulted ceilings, floor-to-ceiling doors, balcony, basement parking space, storage locker
Outgoings: body corp levy $4110/year
Outcome: sold for $825,000
Agent: Blair Haddow

Attribution: Auction.

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5 apartment & suburban unit auction sales for Barfoots

An apartment in the new Fiore 2 (pictured), across Cook St from the central police station, and 3 suburban units sold under the hammer at Barfoot & Thompson’s city auctions this week. A Newmarket apartment sold post-auction.

CBD

Learning Quarter

4 Seasons, 22 Emily Place, unit 1H:
Features: 26m² studio, 3.7m stud
Outgoings: rates $1070/year including gst; body corp levy $3477/year
Income assessment: $330/week, fixed until January
Outcome: passed in at $210,000
Agents: Zoran Farac & Leo Shin

Victoria Quarter

Fiore 2, 168 Hobson St, unit 101:
Features: 53m², one bedroom
Outgoings: rates $1640/year including gst; body corp levy $2233/year
Income assessment: $470/week current, appraisal $480-520/week
Outcome: sold at pre-auction on Tuesday for $408,000
Agents: Stephen Shin & Justin Choi

Isthmus east

Meadowbank

7A Archdall St:
Features: cross-lease, half share in 677m², 2-bedroom unit, garden, patio, double garage
Outcome: sold for $870,000
Agents: Andy Dye & Andrew Pender

Mt Wellington

27 Rutland Rd, unit 1:
Features: cross-lease, quarter share in 1011m², 2-bedroom unit, deck, garden, internal-access garage
Outcome: sold for $739,000
Agents: Carolyn & Peter Brooks

Newmarket

2B Laxon Terrace:
Features: 2 bedrooms, covered terrace, 2 side-by-side parking spaces
Outcome: passed in at $800,000, sold post-auction
Agent: Liz Derbyshire

Isthmus west

Kingsland

68C Fourth Avenue:
Features: one bedroom, private garden, carport
Outcome: sold for $489,000
Agent: Jo Pickering

Attribution: Auctions.

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2 apartments sell at Ray White auction

2 of the 5 units auctioned at Ray White City Apartments today were sold under the hammer, one in the Grand Chancellor hotel building and the other in Eden Terrace.

CBD

Learning Quarter

Forte, 37 Symonds St, unit 1302:
Features: 48m² corner unit, 2 bedrooms, balcony
Outgoings: rates $1383/year including gst; body corp levy $4149/year, special levy $703 to fireproof riser shafts
Income assessment: $500/week fixed until 30 April, appraisal $530-560/week furnished
Outcome: passed in after bid at $300,000, vendor bid at $400,000
Agents: May Ma & Mark Li

Uptown

Q Central, 36 Liverpool St, unit 3A:
Features: leasehold, 59m², 2 bedrooms
Outgoings: rates $1188/year including gst; body corp levy $3534/year, ground rent $7173/year, next ground lease review December 2018
Income assessment: $1894/month on Housing NZ lease expiring in March 2019
Outcome: passed in on sole bid from vendor of $100,000
Agents: May Ma & Mark Li

Victoria Quarter

Grand Chancellor, 1 Hobson St, unit 803:
Features: 57m², one bedroom, with a new title excluding the parking space (and reducing rates & body corp levy accordingly)
Outgoings: rates $1812/year including gst; body corp levy $4763/year
Outcome: sold for $612,000
Agent: Josh Muriwai

Waterfront

Sebel Suites, 85 Customs St, unit 610:
Features: leasehold, 57m², one bedroom, study, balcony overlooking Viaduct Basin
Outgoings: rates $1913/year including gst; body corp opex levy $8852/year, ground lease $6806/year
Income assessment: $500/week current, appraisal $620-680/week furnished
Outcome: passed in at $201,000
Agents: Damian Piggin & Daniel Horrobin

Isthmus west

Eden Terrace

10 Ruru St, unit 9:
Features: 114m², 3 levels, 2 bedrooms, deck, tandem internal-access garage, storage
Outgoings: rates $1596/year including gst; body corp levy $2913/year
Income assessment: appraisal $650-700/week
Outcome: sold for $700,000
Agent: Krister Samuel

Attribution: Auction.

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3-apartment auction attracts no bid

All 3 apartments taken to auction at Barfoot & Thompson’s city office this morning were passed in without a bid being offered.

Image above: The Wiltshire, across Victoria St from the SkyCity casino & hotel, is unusual for providing owners with extra income from a billboard on the western side. Behind it in the picture, Conrad Properties’ Victoria Residences apartment development is nearing completion.

CBD

Uptown

Eclipse, 156 Vincent St, unit 7C:
Features: 62m², 2 bedrooms
Outgoings: body corp levy $5079/year
Outcome: no bid, back on the market at $590,000
Agents: Bett Shao & Rico Zhao

Victoria Quarter

Wiltshire, 89 Victoria St West, unit 8A:
Features: 88m², 2 bedrooms, 2 bathrooms, balcony; the building earns owners $125,775/year + gst from a billboard up the western side
Outgoings: body corp levy $4237/year
Income assessment: $630/week, fixed until 28 February
Outcome: no bid
Agent: Jason Buckwell

Lord on Nelson, 11 Nicholas St, unit 7A:
Features: 131m², corner 3 bedrooms, 2 bathrooms, enclosed balcony, tandem carpark; the building is leaky and owners launched proceedings against the developer & Auckland Council in 2011; the vendor has agreed to assign rights & obligations from that claim; based on a $6 million remediation estimate (tenders to go out soon), this unit’s repair share would be $294,000
Outgoings: body corp levy $8689/year
Outcome: no bid
Agents: Livia Li & Alan Guo

Attribution: Auction.

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4 of 10 apartments & units sell at Barfoots

4 sold out of 10 apartments & suburban units auctioned at Barfoot & Thompson’s city office yesterday & today. The auction offering of a total 20 homes on the agency’s main 2 days compares to 80/day at the peak late last year.

CBD

Kitchener St

Metropolis, 1 Courthouse Lane, unit 2006:
Features: 48m², one-bedroom apartment
Outcome: sold for $592,500
Agent: Cindy Yu

Victoria Quarter

Hobson Gardens, 205 Hobson St, unit 2F:
Features: 158m², 3-bedroom apartment, 2 bathrooms, 2 basement parking spaces
Outgoings: body corp levy $5994/year
Outcome: no bid
Agents: Zoran Farac & Stephen Shin

Isthmus east

Ellerslie

2 Ellerslie Park Rd, unit 1:
Features: 2-bedroom unit, carport
Outcome: sold for $610,500
Agent: Linda Reid

Onehunga

15 Heretaunga Avenue, unit 4:
Features: cross-lease, 1/7 of 1604m², 2-bedroom unit, carport
Outcome: sold for $590,000
Agent: Paul Hodgman

132A Selwyn St, unit 2 (pictured):
Features: cross-lease, 1/4 of 1163m², 2-bedroom unit, covered patio, 2 parking spaces
Outcome: sold for $670,000
Agents: Jerry & Fong Khoo

St Heliers

244 St Heliers Bay Rd, unit 3:
Features: 3-bedroom unit, 2 bathrooms, internal-access garage
Outcome: passed in at $700,000
Agents: Andrew Pender & Lynette Boyd

Stonefields

Illico, 4 Bluegrey Avenue, unit 410:
Features: one-bedroom top-floor apartment, deck, parking space
Outcome: passed in at $520,000
Agent: Thelina Nuval

Isthmus west

Sandringham

16 Halesowen Avenue, unit 2:
Features: 2-bedroom unit, conservatory, basement garage
Outcome: passed in
Agents: Jim Liu & Coy Zhao

Attribution: Auctions.

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All 3 apartments passed in

Only one of the 3 apartments auctioned at Barfoot & Thompson today attracted a bid, and it was eventually passed in too.

CBD

Albert St

Quay West, 8 Albert St, unit 1705:
Features: 74m², one bedroom, balcony, secure parking space
Outgoings: body corp levy $7104/year + gst (total $8170)
Outcome: passed in at $695,000
Agent: Lily Zhang

Learning Quarter

Darlinghurst, 50 Eden Crescent, unit 1C:
Features: 54m², one-bedroom corner apartment, 3m ceilings, balcony, secure storage locker
Outgoings: body corp levy $4182/year
Outcome: no bid
Agent: Grace Dong

Victoria Quarter

Fiore 2, 168 Hobson St, unit 406:
Features: 67m², 2 bedrooms, 2 bathrooms, balcony
Outgoings: rates $1952/year including gst; body corp levy $3265/year
Income assessment: $680/week current, fixed until 28 February
Outcome: no bid
Agents: Stephen Shin & Yasu Ka

Attribution: Auction.

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