Archive | Bucklands Beach

6 intensive homes sell at auction but “no bids” raise questions

6 of the 10 intensive homes auctioned at Barfoot & Thompson’s city office yesterday were sold under the hammer.

Out of a total residential offering of 20 properties at 2 auctions, 8 were sold, so a strong outcome on intensive dwellings, weaker on standalone homes.

But the more interesting factor arose at the end of the second auction. Of the 7 properties, 2 had sold just short of $1.5 million, 2 had sold below $1 million, one was passed in, and remaining were a cross-leased townhouse at Bucklands Beach and a modest 3-bedroom standalone in Glen Eden. Neither attracted a bid, with the auctioneer closing after seeking a $550,000 start for the Glen Eden home.

In a short few months, the residential market has gone from overpricing enthusiasm to underpricing by neglect, the inability to finance at lower levels or exclusion of likely bidders by regulation.

CBD

Victoria Quarter

The Galleries, 23 Graham St, unit 26:
Features: 200m², 3 bedrooms, 3 bathrooms, study, balcony, 2 parking spaces, storage locker
Outcome: no bid
Agents: Louise Allan & Alex Allan

Isthmus east

Ellerslie

3 Ellerslie Park Rd, flats 2 & 3:
Features: 2 2-bedroom flats, parking space each
Outcome: sold for $1.16 million
Agents: Barry Saxon

Epsom

26 Orakau Avenue, unit 2:
Features: cross-lease, 1/3 share in 839m², 2-bedroom unit, garage
Outcome: sold for $951,000
Agent: Dee Brennan

Greenlane

24 Puriri Avenue, unit 4:
Features: 88m², 2-bedroom unit, internal-access garage
Outcome: sold for $860,000
Agents: Janice Hamilton-Cox & Philip Cox

Mission Bay

21A Comins Crescent:
Features: 3-bedroom townhouse, 2 bathrooms, courtyard, terrace, carport
Outcome: no bid
Agents: Alex Baker

Remuera

117 Grand Drive, unit 2:
Features: refurbished 3-bedroom townhouse, 2 bathrooms, 2 carport spaces, pool, bordering Waiatarua Reserve
Outcome: sold for $1.05 million
Agents: Stephen Rendell

Royal Oak

13C Raurenga Avenue:
Features: 419m² section, 4-bedroom townhouse, 3 bathrooms, double internal-access garage
Outcome: sold for $1.461 million
Agents: Frances Li & Ian Thornhill

North-east

Takapuna

9B Puriri St:
Features: cross-lease, half share in 1012m², 3 bedrooms, garage
Outcome: sold for $875,000
Agents: Will Gluestein

South

Bucklands Beach

119 Bucklands Beach Rd, unit 1:
Features: cross-lease, 1/5 share in 1618m², 4-bedroom townhouse, 2 bathrooms, internal-access garage
Outcome: no bid
Agents: Frances Li & Raymond Chan

Papatoetoe

81A Huia Rd, unit 1:
Features: 69m², 2-bedroom unit, tandem carport
Income assessment: $440/week current
Outcome: no bid
Agents: Neno Radinovich

Attribution: Auctions.

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7 apartment & townhouse auction sales

Bayleys agents sold one city apartment & 6 suburban townhouses & units at auctions around the Auckland region last week.

CBD

Quay Park

Scene 1, 2 Beach Rd, unit 1108:
Features: leasehold, 2-bedroom apartment, 2 parking spaces, deck
Outgoings: rates $1519/year including gst; body corp levy $4132/year, ground rent $7289/year
Income assessment: $610/week current
Outcome: sold prior for $180,000
Agent: Marcus Fava

Isthmus east

One Tree Hill

52A Campbell Rd, unit 2:
Features: 2-bedroom unit, deck, carport
Outcome: sold for $717,000
Agent: Lindy Lawton

Isthmus west

Sandringham

22 Coyle St, unit 3:
Features: 2-bedroom unit
Outcome: sold for $735,000
Agent: Summer Sun

North-east

Hauraki

18 Sydney St, unit 2:
Features: refurbished 2-level 4-bedroom townhouse, 2 bathrooms, garage
Outcome: sold for $1,092,500
Agents: Desley McCowan & Joan Barton

Takapuna

27 Waitemata Rd, unit 1:
Features: 2-level 3-bedroom townhouse, office, 2 bathrooms, deck, 3 parking spaces
Outcome: sold prior for $1.505 million
Agent: Jennifer Keenan

South

Bucklands Beach

191 Gills Rd, unit 2:
Features: 3-bedroom townhouse, deck, garage
Outcome: sold for $751,000
Agent: Gary Robertson

191 Gills Rd, unit 4:
Features: 3-bedroom townhouse, garage
Outcome: sold for $735,000
Agent: Gary Robertson

Attribution: Agency release.

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Sales a rarity at final Barfoots auctions for year

A Bucklands Beach house on a cross-lease sold at Barfoot & Thompson’s city auction yesterday, but 2 others in Epsom & Mt Albert were passed in. Both city apartments offered this morning were also passed in, and at this afternoon’s final auction session for the year 2 houses were sold and the other 7 on the list were passed in.

CBD

Commerce & Gore

HarbourCity, 16 Gore St, unit 8C:
Features: one-bedroom apartment
Outgoings: body corp levy $1969/year, additional levy of $1984 for building defects claim; claim will be assigned to buyer
Outcome: passed in at $190,000
Agents: Stephen Shin & Rhys Chen

Victoria St

QV Building, 6 Victoria St East, unit 3J:
Features: 77m², 2-bedroom corner apartment, high stud
Outgoings: body corp levy $6328/year
Outcome: passed in at $500,000
Agents: Stephen Shin & Zoran Farac

Isthmus east

Epsom

14B Liverpool St:
Features: cross-lease, half share in 968m², 2 bedrooms, double carport
Outcome: passed in, back on the market at $928,000
Agent: Robert Thompson

Pt England

39 & 39A Waddell Avenue:
Features: 812m² in 2 titles, 2-bedroom house & 2-bedroom unit, each with a garage, in terraced housing & apartments zone under unitary plan
Outcome: withdrawn from auction, back on the market at $1.175 million
Agent: Fae Bryant

Isthmus west

Mt Albert

21 Ruarangi Rd, unit 14:
Features: cross-lease, 1/6 share in 1280m², 2-bedroom unit, carport, storage
Outcome: passed in, back on the market at $668,000
Agents: Christine & Mark Wooding

South

Bucklands Beach

33 Hattaway Avenue, unit 1:
Features: cross-lease, half share in 874m², 3 bedrooms
Outcome: sold for $910,000
Agent: Roger Franklin

Attribution: Auctions.

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3 units sell at Bayleys auction

A city apartment, a Mission Bay duplex and a Bucklands Beach unit were sold under the hammer at Bayleys’ Remuera auction on Thursday.

Isthmus east

Grafton

96 on Symonds, 96 Symonds St, unit 601:
Features: 2-bedroom apartment
Outgoings: rates $1175/year including gst; body corp levy $3707/year
Income assessment: $430/week
Outcome: sold for $270,000 at auction brought forward
Agent: Marcus Fava

Mission Bay

24A Ronaki Rd, unit 1:
Features: 251m², 3-bedroom steel-framed duplex on 2 levels, deck, 2 parking spaces
Outcome: sold for $2.65 million at auction brought forward
Agent: David Rainbow

South

Bucklands Beach

12A Clovelly Rd:
Features: 2-bedroom unit, single garage
Outcome: sold for $708,000
Agent: Fleur Denning

Attribution: Agency release.

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More subsidence at Clovelly Rd

Published 25 July 2009

A section of land at Clovelly Rd, Bucklands Beach, has dropped more than a metre since Monday and Manukau City Council’s environmental operations group manager, Carole Todd, warned yesterday there was still significant danger. The subsidence has separated the extension at unit 3 116 Clovelly Rd from the main building.

 

Last September, 5 homes at 114-118 Clovelly Rd were evacuated because of land subsidence. Former Manukau mayor Sir Barry Curtis lives at No 116.

 

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Attribution: Council release, story written by Bob Dey for the Bob Dey Property Report.

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