Tag Archives | Parnell

3 intensive suburban homes sold of 14 auctioned

3 intensive suburban homes – apartments, units & cross-leases – were sold under the hammer out of 14 auctioned at Barfoot & Thompson’s city office on Tuesday & Wednesday.

Of the 57 residential properties auctioned at 3 sessions, 20 were sold under the hammer.

Isthmus east

Mission Bay

30 Patteson Avenue, unit 3:
Features: 2-bedroom unit, garage
Outcome: passed in
Agent: Mark Edmonds

29 Tamaki Drive, unit 3:
Features: 227m², refurbished 3-bedroom apartment, 2 bathrooms, terrace, double garage
Outcome: no bid
Agent: Karin Cooper

Mt Wellington

40 Rutland Rd, unit 3:
Features: cross-lease, quarter share in 1067m², 2-bedroom unit, carport
Outcome: no bid
Agent: Sylvia Lu

Onehunga

69 Mays Rd:
Features: cross-lease, half share in 761m², 3 bedrooms,
Outcome: passed in at $860,000
Agents: Neil Dayal & Grant Rutherford

Parnell

25 Cheshire St, unit C5:
Features: one-bedroom apartment, secure internal-access parking space
Outcome: passed in
Agent: Cindy Yu

Remuera

109 Abbotts Way, unit 1:
Features: cross-lease, half share in 920m², 3 bedrooms
Outcome: sold for $1.086 million
Agent: Kelly Zhang

43A Richard Farrell Avenue:
Features: cross-lease, half share in 1042m², 2-storey 6-bedroom house, internal-access garage
Outcome: no bid
Agents: Trevor Edwards & Jacinta Kerrigan

Isthmus west

Avondale

2 Alanbrooke Crescent, unit 1:
Features: 2 bedrooms, secure parking space
Outcome: no bid
Agents: Bella Stefano & Sherry Shao

Blockhouse Bay

99 Boundary Rd:
Features: cross-lease, 1/7 share in 3980m², 3 bedrooms, patio, double internal-access garage
Outcome: sold for $861,000
Agents: Ross & Joss Goodall

80A Connell St:
Features: 3-bedroom unit, deck
Outgoings: body corp levy $2033/year
Outcome: no bid
Agent: Daryll Roberts

103A Taylor St:
Features: cross-lease, half share in 1320m², 3 bedrooms, garage
Outcome: no bid
Agent: Zaki Murumkar

Mt Eden

70B Marsden Avenue:
Features: cross-lease, half share in 1495m², 4 bedrooms, double garage
Outcome: no bid
Agent: Robert Thompson

20 Peary Rd, unit 4:
Features: cross-lease, 1/5 share in 1242m², 2-bedroom unit, garage
Outcome: sold for $730,000
Agent: Margaret Chen

Sandringham

307 Mt Albert Rd:
Features: cross-lease, half share in 842m², 3 bedrooms
Outcome: passed in at $850,000
Agent: Kelly Zhang

Attribution: Auctions.

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Trinity apartment sells

One apartment was sold, another apartment & a townhouse passed in at Bayleys residential auctions around the region this week (on top of the apartment sold at the city branch on Wednesday – click link below).

Isthmus east

Parnell

Trinity, 429 Parnell Rd, unit 302:
Features: 106m², air-conditioned 2 bedrooms, 2 bathrooms, decks, 2 parking spaces
Outgoings: rates $3463/year including gst
Outcome: sold for $1.375 million
Agents: Gary & Vicki Wallace

North-east

Belmont

3 Bellcroft Place, unit 1:
Features: 4-bedroom townhouse, 2 bathrooms, decks, garage
Outcome: passed in, back on market at $1.295 million
Agents: Amelia-Jane Hoffmann & Ryan Steven

South

Howick

12 Selwyn Rd, unit 1G:
Features: 2 bedrooms, 2 bathrooms, patio, parking space
Outcome: sold for $683,000
Agent: Doug McLean

Earlier story:
23 March 2017: Hotel unit sells on low yield and Mission Bay church goes

Attribution: Company release.

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5 sell out of 13 intensive units auctioned at Barfoots

5 units sold out of 13 apartments, townhouses, suburban units & cross-leases auctioned at Barfoot & Thompson’s city office yesterday, and one cbd apartment was withdrawn. Among the sales was a 2-bedroom apartment overlooking Parnell Rd (pictured).

CBD

Learning Quarter

The Quadrant, 10 Waterloo Quadrant, unit 2207:
Features: 2-bedroom apartment, balcony, parking space
Outcome: withdrawn from auction
Agent: Dong Liu

Isthmus east

Epsom

218 Green Lane West, unit 37:
Features: 3-bedroom unit, 2 bathrooms, study, double garage
Outgoings: body corp levy $4250/year
Outcome: passed in at $900,000
Agents: George Fong & Laura McAuley

Newmarket

73C Carlton Gore Rd, unit 3:
Features: one-bedroom 1930s apartment, private courtyard
Outcome: passed in
Agents: Cheryl Burgess & Ian Griffiths

Kings Square, 26 Remuera Rd, unit 506:
Features: over 100m², 3-bedroom apartment, 2 bathrooms, double garage
Outgoings: body corp levy $3421/year
Outcome: no bid, back on market at $1.019 million
Agents: Cici & Miro Wang

9 Sarawia St, unit 408:
Features: one-bedroom apartment in former motel, offstreet parking
Outcome: sold for $432,500
Agents: Jill Jackson & Emma John

Parnell

387 Parnell Rd, unit 6:
Features: 2-bedroom apartment, tandem garage
Outgoings: rates $2183/year including gst; body corp levy $7232/year
Outcome: sold for $830,000
Agents: Silvia Poletti & Bobby McMillan

Remuera

11 & 13 Hapua St:
Features: 2 adjoining properties on combined 1602m², 4-bedroom duplex with double internal-access garage on 641m², 3 bathrooms, and vacant 961m² section with resource consent for 2 houses
Outcome: no bid
Agent: Cindy Yu

Isthmus west

Freemans Bay

47 Napier St:
Features: 119m², 3-bedroom terrace, 2 bathrooms, courtyard, internal-access garage
Outgoings: body corp levy $4834/year
Outcome: sold for $972,500
Agent: Ric Parore

116 Wellington St, unit 3:
Features: one-bedroom unit, private courtyard, storage, offstreet parking
Outgoings: body corp levy $2512/year
Outcome: sold for $665,000
Agent: André Boddé

Grey Lynn

7C Scanlan St:
Features: 136m², 2-level 2-bedroom apartment in warehouse conversion, storage, 2 parking spaces
Outgoings: body corp levy $1646/year
Outcome: no bid
Agent: David Dowse

Kingsland

52 Aitken Terrace, unit 1B:
Features: 2-bedroom apartment, deck, double basement garage
Outgoings: body corp levy $4900/year
Outcome: sold for $920,000
Agents: Susan Murdock & Sue Cohen

Mt Eden

68 Ellerton Rd:
Features: cross-lease, half share in 976m², 3-bedroom villa, attic, study, carport
Outcome: no bid
Agents: Derek Helliwell & Di Lynds

Mt Roskill

7 Jasper Avenue:
Features: cross-lease, half share in 837m², 3-bedroom bungalow, carport
Outcome: passed in at $935,000
Agents: Bella Stefano & Sherry Shao

Sandringham

99B Lambeth Rd:
Features: cross-lease, quarter share in 1214m², 3-bedroom house, deck, carport
Outcome: no bid
Agent: Mal MacElvanna

Attribution: Auctions.

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Warehouse, 2 cross-leases & a multi-unit property sell

A Mt Wellington warehouse, 2 residential cross-leases and property with 4 units on the one title were sold at Barfoot & Thompson auctions over the last 2 days.

Units in City Gardens & the Celestion were passed in, one in Tower Hill was sold prior and one in the Metropolis was withdrawn from auction.

Commercial

Isthmus east

Mt Wellington

48 Elizabeth Knox Place:
Features: 1937m² section, 811m² warehouse with about 500m² of mezzanine storage, 67m² ground-floor amenities & office, 42m² mezzanine amenities
Outcome: sold for $2.15 million
Agent: Mike Jensen

Apartments

CBD

Albert St

City Gardens, 76 Albert St, unit 23A:
Features: 59m², 2-bedroom corner apartment
Outgoings: body corp levy $4518/year; special remediation levies have been paid in full and the unit has an indicative settlement share of $133,889 to cover further costs; current ballpark estimates of remediation are about $22 million including gst
Outcome: passed in, back on the market at $449,000
Agents: Livia Li & Alan Guo

Kitchener St

Metropolis, 1 Courthouse Lane, unit 1010:
Features: one bedroom
Outgoings: body corp levy $4072/year
Outcome: withdrawn from auction
Agent: Paul Neshausen

Learning Quarter

Celestion, 19 Anzac Avenue, unit 302:
Features: 56m², air-conditioned 2-bedroom apartment, 11m² balcony
Outgoings: body corp levy $4284/year
Outcome: passed in
Agent: Jason Buckwell

Tower Hill, 1 Emily Place, unit 10C:
Features: 2 bedrooms, parking space, storage locker
Outcome: sold prior
Agent: Aaron Cook

Isthmus east

Grafton

31 Boston Rd:
Features: 151m² 4-bedroom apartment, mezzanine lounge, private courtyard; 112m² 2-bedroom apartment, balcony; 87m² 3-room office space; 158m² warehouse, 7 offstreet parking spaces; total 530m²
Outcome: auction postponed until Thursday 9 March at 10am
Agents: Ross & Joss Goodall

Mission Bay

63 Selwyn Avenue, unit 5:
Features: cross-lease, 1/6 share in 1038m², 2-bedroom unit, carport
Outcome: sold for $696,500
Agents: Jane & David Wang

Mt Wellington

36A Harding Avenue:
Features: 1149m² section, 4 one-bedroom units on one title, 4 carports
Income assessment: $66,560/year appraisal in present condition
Outcome: on the market at $1.21 million, sold for $1.76 million
Agent: Rain Diao

Onehunga

95N Mays Rd:
Features: 80m² 2-bedroom terrace, patio, 2 parking spaces
Outgoings: body corp levy $561/year, but $66,792 in special remediation levies was raised last year, estimated to be 60% of remediation costs; the body corporate has a claim before the Weathertight Home Resolution Service
Outcome: passed in, back on market at $598,000
Agents: Su Ma & Hattie Huo

Parnell

15 Augustus Terrace, unit 2C:
Features: one bedroom, parking space, storage unit
Outcome: no bid, back on market at $495,000
Agents: Jill Jackson & Emma John

25 Cheshire St, unit A3:
Features: one-bedroom apartment, balcony, tandem parking
Outgoings: body corp levy $4296/year
Outcome: no bid
Agents: Michael & Tatyana Ataman

Isthmus west

Avondale

6 Elm St:
Features: 1012m² section, 3-bedroom villa & adjoining 12-bedroom extension, 2 bathrooms, 3 living areas, 6 offstreet parking spaces
Outcome: no bid, back on market at $1.999 million
Agent: Jason Li

Grey Lynn

34 Prime Rd:
Features: cross-lease, half share in 617m², 5-bedroom bungalow, 2 bathrooms, 2 parking spaces
Outcome: auction brought forward after $1.52 million offer was acceptable, sold under the hammer for $1.647 million
Agents: Repeka Lelaulu

South

Pakuranga

25 Pandora Place:
Features: 726m² section, 2 one-bedroom units & one 2-bedroom unit, garage, 2 carports, 3 other parking spaces
Outcome: passed in
Agent: Rain Diao

Attribution: Auction.

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Central apartments, suburban townhouses & development site sell

2 central city apartments, 2 on the fringes, 4 suburban units and a development site sold under the hammer at Bayleys auctions around the region in the last week.

The development site at Royal Oak has a recently renovated house on it, but the section has been rezoned business – town centre, making change likely.

Both central city apartments are on Anzac Avenue, one at No 105 and the other in the Harbour Royal at No 88.

CBD

Learning Quarter

Harbour Royal, 88 Anzac Avenue, unit 8C:
Features: 2-bedroom apartment, covered parking space
Outcome: sold for $740,000
Agents: Murray Savage & Tina Chang

105 Anzac Avenue, unit 2C:
Features: 97m², 2-bedroom apartment, 2 bathrooms, tiled conservatory, enclosed balcony, secure parking space, storage locker
Outgoings: rates $1848/year including gst; body corp levy $5139/year
Outcome: sold for $692,000
Agent: Paul Sissons

Isthmus east

Epsom

16A Greenfield Rd:
Features: 3-bedroom townhouse, 2 bathrooms, double carport
Outcome: sold for $1.15 million
Agent: Glenn Baker

Onehunga

15 Bond Place:
Features: 449m² freehold section, 2-level 2013 townhouse, 4 bedrooms, 3.5 bathrooms, deck & garden, double internal-access garage
Outcome: sold for $1.02 million
Agent: Lindy Lawton

Parnell

Brighton Gardens, 10 Brighton Rd, unit 2:
Features: 2-bedroom apartment, 2 bathrooms, parking space
Outgoings: rates $2844/year including gst
Outcome: sold for $985,000
Agent: Chris Reeves

Remuera

15B Chatfield Place:
Features: 3-bedroom townhouse, 2 bathrooms, 2 parking spaces, full cavity system
Outcome: sold for $1.55 million
Agent: David Nightingale

Royal Oak

697 Mt Albert Rd, lot 1:
Features: 115m² house on 685m² section now zoned business – town centre, 4 bedrooms, carport
Outcome: sold for $1.2 million
Agent: Andrew Rumbles

Isthmus west

Ponsonby

Pulse, 80 Richmond Rd, unit 3T:
Features: one-bedroom apartment, balcony, secure parking space
Outcome: sold for $485,000
Agents: Luke McCaw & Andrea Ritchie

North-east

Browns Bay

766 Beach Rd, unit 2:
Features: 2-bedroom unit
Outcome: sold for $650,000
Agents: Angeline Wong & Annette Lum

Attribution: Auctions roundup.

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5 apartments sell at Ray White auction

5 apartments sold under the hammer at Ray White City Apartments’ auction yesterday and one shortly after, out of 8 units on offer.

They included a studio in the Met on Durham St East, where remedial works are underway, and a unit in the leasehold Scene 1 taken to auction by the mortgagee.

In contrast to some auctions at the start of the year, bidding at this one was at times a frenzy of low raises. Bidding for the last property on the auction list, the unit in the leasehold Scene 1 at Quay Park (with parking space), started at $45,000, went on the market at $105,000 and ended with a sale at $117,000.

CBD

Federal St

Madison on the Square, 37 Federal St, unit 4A:
Features: 60m², fully furnished 2 bedrooms, secure parking space
Outgoings: rates $1684/year including gst; body corp levy $5262/year
Income assessment: $650-700/week furnished
Outcome: sold for $725,000
Agent: Krister Samuel

Learning Quarter

Silo Apartments, 23 Emily Place, unit 6B:
Features: 34m², one bedroom, balcony, parking space
Outgoings: rates $1202/year including gst for apartment, $152 for parking; body corp levy $4183/year for apartment, $746/year for parking
Income assessment: $450-480/week furnished
Outcome: passed in at $385,000
Agents: Steve Kin

The Quadrant, 10 Waterloo Quadrant, unit 1308:
Features: 22m² studio
Outgoings: body corp levy $2795/year
Income assessment: $380-420/week furnished, under hotel management lease
Outcome: sold for $269,000
Agents: Simon Harrison, Damian Piggin & Daniel Horrobin

The Connaught, 14 Waterloo Quadrant, unit 3E:
Features: 35m², one bedroom, storage locker
Outgoings: rates $1037/year including gst; body corp levy $2968/year
Income assessment: $400-450/week furnished
Outcome: sold for $367,000
Agents: May Ma & Mark Li

Cintra, 3 Whitaker Place, unit 7P:
Features: 57m², fully furnished one bedroom, remediation to be carried out
Outgoings: rates $911/year including gst; body corp levy $4261/year
Income assessment: $440/week current
Outcome: sold for $205,000
Agent: James Mairs

Quay Park

Scene 1, 2 Beach Rd, unit 610:
Features: leasehold, 58m², one bedroom, balcony, parking space
Outgoings: rates $1278/year including gst; body corp levy $3275/year, ground rent $5778/year
Outcome: sold for $117,000 at mortgagee sale
Agent: Adam Gurr

Queen St

The Met, 11 Durham St East, unit 4G:
Features: 23m² loft studio
Outgoings: rates $911/year including gst; body corp levy $1680/year, new remediation levy set
Income assessment: $360-380/week furnished
Outcome: passed in at $220,000, sold post-auction for $270,000
Agent: Liz McCarthy

Isthmus east

Parnell

30 Heather St, unit 2E:
Features: 93m², 3 bedrooms, secure parking space, balcony
Outgoings: rates $2439/year including gst; body corp levy $3941/year
Outcome: passed in at $669,000
Agents: Mohan Ball & Tim Warmington

Attribution: Auction.

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Parnell & Anzac Ave apartments passed in

A Parnell townhouse and an Anzac Avenue apartment were both passed in without a bid being made at Bayleys’ auction on Wednesday.

CBD

Learning Quarter

39 Anzac Avenue, unit 303:
Features: 2-bedroom apartment, high stud, conservatory dining room, storage locker
Outgoings: rates $2038/year including gst; body corp levy $2476/year
Outcome: no bid
Agents: Julie Prince & Diane Jackson

Isthmus east

Parnell

4 Churton St, unit 6:
Features: 3-bedroom townhouse on 3 levels, 2 bathrooms, double internal-access garage
Outcome: no bid
Agents: Peter Tanner & Sally Ridge

Attribution: Auction.

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Gym, 2 apartments & 4 suburban cross-leases sell

A Henderson warehouse most recently used as a gym and an Argent Hall apartment were sold at Barfoot & Thompson’s commercial & apartments auction session yesterday.

Another apartment, in the Queens Lodge development behind Broadway and beside the Newmarket railway station (pictured), was sold in the agency’s afternoon residential session.

Also at the afternoon session, 4 of the 6 cross-leased properties were sold under the hammer.

Commercial

North-west

Henderson

4 Amokura St, unit D:
Features: 170m², high stud warehouse most recently used as a gym, mezzanine office & amenities, 4 parking spaces, offered “as is where is”
Outcome: sold vacant for $362,000 + gst under the Criminal Proceeds (Recovery) Act
Agents: Elaine Tutty & Roger Franklin

Apartments

CBD

Federal St

Federal, 207 Federal St, unit 903:
Features: 61m², 2 bedrooms
Outgoings: body corp levy $5247/year
Income assessment: $580/week, fixed until February
Outcome: passed in, back on market at $555,000
Agents: Stephen Shin & Yasu Ka

Learning Quarter

Argent Hall, 2 Eden Crescent, unit 8G:
Features: 49m², one bedroom, 2 balconies
Outgoings: body corp levy $5480/year
Outcome: sold for $450,000
Agents: Stephen & Leo Shin

Crescent, 7 Eden Crescent, unit 201:
Features: 59m², 2 bedrooms, study, balconies, parking space, bottom side of the Quadrant Hotel building at 10 Waterloo Quadrant
Outgoings: body corp levy $1166/year
Outcome: no bid, back on market at $639,000
Agents: Stephen & Leo Shin

Uptown

Amora Hotel, 100 Greys Avenue, unit 2B:
Features: one bedroom, parking space
Outgoings: body corp levy $4401/year, plus common area air-conditioning special levy $1864 and long-term maintenance levy $797
Income assessment: $1122/month including gst from hotel lease; in hotel pool until 31 December 2020
Outcome: passed in
Agents: Mike Campbell & Grant Elliott

Eclipse, 156 Vincent St, unit 7J:
Features: 41m², one bedroom
Outgoings: rates $1189/year including gst; body corp levy $3438/year
Income assessment: $400/week fixed until April
Outcome: no bid, back on market at $385,000
Agents: Stephen Shin & Yasu Ka

Isthmus east

Newmarket

Queens Lodge, 176 Broadway, unit C617:
Features: 2-bedroom apartment, 2 bathrooms, parking space
Outgoings: body corp levy $2192/year
Outcome: sold for $696,000
Agents: Michelle Zhang

Parnell

30 Heather St, unit 18:
Features: 3 bedrooms, balcony, parking space
Outgoings: body corp levy $4939/year
Income assessment: $580/week, fixed until February
Outcome: no bid
Agents: Sarah Garlick & Estee Zeng

Suburban cross-leases:

Isthmus east

Kohimarama

34 Melanesia Rd, unit 3:
Features: cross-lease, 1/3 share in 890m², 4-bedroom townhouse, 2 bathrooms, double internal-access garage
Outcome: sold for $1.725 million
Agents: Trevor Wyness & Louise Barnsley

Onehunga

4A Edmonton Avenue:
Features: cross-lease, half share in 765m², 3 bedrooms, 2 bathrooms, double internal-access garage
Outcome: no bid, back on market at $849,000
Agents: Paresh Patel

One Tree Hill

14 Rangipawa Rd:
Features: cross-lease, half share in 845m², 3 bedrooms, deck, carport
Outcome: sold for $1.085 million
Agent: Anna Stephens-Brown

Royal Oak

21A & 21B Campbell Rd:
Features: cross-lease, 2 half shares in 1120m
Outcome: passed in
Agents: Helen Lam & Wendy Sadd

Isthmus west

Mt Roskill

172 Melrose Rd, unit 1:
Features: cross-lease, half share in 657m², 2-bedroom unit, garage
Outcome: sold for $715,000
Agents: Di Martens

South

Mangere Bridge

5A McIntyre Rd, unit 2:
Features: cross-lease, half share in 929m², 3 bedrooms, deck, internal-access garage
Outcome: sold for $800,000
Agents: Jamie Gray

Attribution: Company release.

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Sale on Devonport waterfront

A grand Edwardian unit on the Devonport waterfront (pictured) was sold under the hammer at Bayleys’ North Shore residential auction last week.

It was one 6 apartment & townhouse sales at suburban branches around the region. Another 2 sold at the city office’s auction.

Isthmus east

Newmarket

73A Carlton Gore Rd, unit 7:
Features: 3-bedroom terrace in enclave of 9 townhouses, 2 bathrooms, parking space
Outcome: passed in, back on market at $935,000
Agent: Jenny Kek

Parnell

9 St Georges Bay Rd, unit 2D:
Features: 2-bedroom apartment, 2 bathrooms, study, loggia, 2 basement parking spaces, 2 storage units
Outgoings: rates $3833/year including gst
Outcome: sold for $2.05 million
Agent: Blair Haddow

Remuera

11 Victoria Avenue, unit 2:
Features: 143m², 2-bedroom ground-floor apartment, 2 bathrooms, lift to garage & storeroom
Outcome: sold for $1.552 million
Agents: Robert Ashton & Carmel McLaughlin

North-east

Devonport

5A King Edward Parade:
Features: 220m², 2-bedroom single-level apartment in the former Elizabeth House on waterfront, 3 living rooms, private rear courtyard, double garage, French doors to front terrace, seismically strengthened; initially conceived as a luxury hotel, it has ornate plaster moulded ceilings, 4m stud, central heating, gas fire, underfloor heating
Outcome: sold for $3 million
Agent: Victoria Bidwell

132 Victoria Rd, unit 1C:
Features: 2-bedroom apartment, 2 bathrooms, 2 parking spaces
Outcome: sold for $875,000
Agent: Prue de Bie

South

Flat Bush

96A Michael Jones Drive:
Features: 89m², 2-bedroom ground-floor apartment, 2 courtyards, parking space
Income assessment: $450-500/week
Outcome: passed in, back on market at $499,000
Agent: Clare Nicholson

Howick

6 Baird St:
Features: 3-bedroom townhouse, 2 bathrooms, private garden, parking space
Outcome: sold for $898,000
Agent: Doug McLean

Somerville

40B Simmental Crescent:
Features: 3-bedroom townhouse, internal-access garage with workshop
Outcome: sold prior for $920,000
Agent: Berwyn Moore

Sunnyhills

42 Stanniland St, unit 1:
Features: 2-bedroom unit, internal-access garage
Outcome: sold prior for $670,000
Agent: Angela Rudling

Earlier story:
25 November 2016: Multi-tenant Oneroa building & 2 apartments sell at auction

Attribution: Auction roundup.

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Birdwood & Paritai apartment blocks sell under hammer

A block of 9 apartments (pictured) in a 4-level building on Birdwood Crescent, Parnell, was sold for $6.75 million at Bayleys’ auction last Thursday.

The property has further development potential under the new unitary plan, including basement apartments & 2 extra levels on top.

Another multi-unit property, on Paritai Drive, also topped the $6 million mark at the auction in Bayleys’ Remuera office.

Units in Mairangi Bay & Mt Wellington also sold at Bayleys branch office auctions.

Isthmus east

Meadowbank

21 Houghton St, unit 4:
Features: 2-bedroom end unit, garage
Outcome: passed in, back on market at $699,000
Agents: Dianne Nichol & Steve Gill

Mt Wellington

68 Banks Rd, unit 1:
Features: cross-lease, quarter share in 1219m², 90m² 2-bedroom unit, carport
Outcome: sold for $560,000
Agent: Reinka Ratti

Orakei

146 Paritai Drive:
Features: 4 one-bedroom 1960s apartments and a 2002 4-bedroom family residence with a separate living area, long-term tenants, 12 parking spaces
Income assessment: gross rent about $180,000/year
Outcome: sold for $6.15 million
Agents: Robert Ashton (Bayleys) & Mike Zelcer (Ray White)

Parnell

3 Birdwood Crescent:
Features: 701m² site, floorspace 796m² internal + 66m² of decks, 4-level apartment building constructed in 1968, 9 apartments – 6 of 2 bedrooms, 3 of one bedroom, basement storage & laundry, 13 parking spaces, zoned terrace housing & apartment building under the new unitary plan, allowing for 3 new apartments at basement level and the potential to add 2 floors
Outgoings: rates $15,111/year including gst
Income assessment: current gross rent $199,627/year, assessment $262,860/year gross
Outcome: sold for $6.75 million
Agent: Gary Wallace

North-east

Mairangi Bay

5 Hastings Rd, unit 1:
Features: 2-bedroom unit, work-from-home options
Outcome: sold for $807,500
Agent: Tara Menzies

Attribution: Agency release.

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