Published 11 May 2012
Men dominate the bidding at auctions, but when it came to a penthouse in Lighter Quay up for mortgagee sale at Bayleys on Wednesday, it was definitely ladies’ day out with all but one of the 5 bidders female.
The leasehold unit went to one of those women at $3958/m², before heavy outgoings for ground rent owed & a new levy on top of that.
Along at Dockside on Quay Park, another leasehold unit with lower ground rent (but with the new ground rent being negotiated) also sold at mortgagee auction.
At Bayleys’ later residential auction, 2 city-fringe apartments – one a warehouse conversion – and a mixed-use retail/residential building on a prominent Remuera Rd corner also sold under the hammer.
Parnell, 5 Cheshire St, unit 3B:
Features: 2 bedrooms, 2 bathrooms, parking space
Outcome: sold for $431,500
Agent: Amy Hain
Isthmus east, retail/residential
Remuera, 158-160 Remuera Rd, corner Bassett Rd:
Features: m², 2 ground-floor retail premises, upstairs residential
Outcome: sold for $1,695,500
Agent: Henry Thompson & Stuart Bode
Grey Lynn, 34 Pollen St, unit 6:
Features: m², 2 bedrooms, lofty study in warehouse conversion, balcony, carport
Outgoings: rates $/year including gst; body corp levy $/year
Income assessment: $/week
Outcome: sold for $465,000
Agent: Sue Hatton
Dockside, 4 Dockside Lane, unit 712:
Features: leasehold, 2 bedrooms, 2 bathrooms, tandem parking
Outgoings: body corp levy $12,401/year including $4314/year ground rent
Outcome: sold for $195,000 by mortgagee
Agent: Luke McCaw
Lighter Quay, 83 Halsey St, unit 606:
Features: leasehold, 132m², 3-bedroom penthouse,
Outgoings: body corp levy $17,788/year to the end of April 2012
Outcome: sold for $522,500 by mortgagee
Agents: Mike Woods & David Anderson
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Attribution: Auction, story written by Bob Dey for the Bob Dey Property Report.