A Kingsbridge apartment (pictured with the view to Rangitoto), on the Remuera ridge, was sold under the hammer at Bayleys’ Remuera branch auction on Thursday for $8.7 million.
Assuming around $80,000 for each of the 3 garage spaces, the price works out at about $23,750/m². Every room in the apartment opens on to a covered terrace.
One of the 2 Parnell apartments auctioned at the same session was sold and the other was passed in.
5H Cleveland Rd:
Features: m², 3-bedroom townhouse, 2 bathrooms, office, roof deck, double internal-access garage
Outcome: passed in, back on the market at $920,000
Agent: Steven Rees & Fleur Denning
39 Scarborough Terrace:
Features: 275m² over 4 levels, 3-bedroom terrace, 3 bathrooms, office, patio, 2 parking spaces
Outcome: sold for $2.34 million
Agent: David Rainbow
Kingsbridge, 424 Remuera Rd, unit 402:
Features: 356m², 3 bedrooms, 3 bathrooms, covered terraces – every room opens outdoors, 3 internal-access parking spaces
Outgoings: rates $16,274/year including gst
Outcome: sold for $8.7 million
Agents: Gary & Vicki Wallace
Attribution: Agency release.