All 4 apartments auctioned at Ray White City Apartments in Auckland today were sold under the hammer, including 2 in the Columbia (pictured) under long-term leases and a leasehold unit at Quay Park.
The leasehold apartment, in the recently remediated The Landings, went to 38 bids before being sold. Following that, a studio in the Precinct got down to a series of $100 bids before the hammer fell.
CBD
Learning Quarter
Columbia, 15 Whitaker Place, unit 3D:
Features: 42m², 3 bedrooms, managed by Iota Management Ltd (John Chen) under lease until 2024
Outgoings: rates $936/year including gst; body corp levy $5860/year
Outcome: sold for $180,000 + gst
Agents: Mitch Agnew & Ryan Bridgman
Columbia, 15 Whitaker Place, unit 8A:
Features: 42m², 3 bedrooms, managed by Iota Management Ltd (John Chen) under lease until 2024
Outgoings: rates $994/year including gst; body corp levy $6015/year
Outcome: sold for $180,000 + gst
Agents: Damian Piggin
Lorne St
Precinct, 6 Lorne St, unit 914:
Features: 20m² furnished studio + balcony
Outgoings: rates $1091/year including gst; body corp levy $1732/year
Income assessment: vacant, appraisal $400-420/week furnished
Outcome: sold for $266,400
Agents: Judi & Michelle Yurak
Quay Park
The Landings, 8 Ronayne St, unit 407:
Features: 62m², 3 bedrooms, 2 bathrooms; remediation completed
Outgoings: rates $1149/year including gst; body corp levy $6982/year including $3177/year ground rent
Income assessment: $570/week
Outcome: had asking price of $299,000, sold for $235,000
Agents: James Mairs & Lucia Gao
Attribution: Auction.
