Archive | Apartments

3 Zest units sold

Published 17 November 2011

3 units in the Zest apartment building on Nelson St, each with slightly different features, were sold under the hammer at Ray White City Apartments’ auction today.

 

Another 2 units – one on Princes Wharf and the other in Ponsonby – were passed in. Auction results:

 

Victoria Quarter

 

Zest, 72 Nelson St, unit 1131, vacant 37m² plus deck, fully furnished 2 bedrooms, rates & body corp levy $3571/year, rental assessment $330-350/week, sold for $153,000 (Judi Yurak & Matt Shirley)

 

Zest, 72 Nelson St, unit 1130, 37m² plus deck, fully furnished 2 bedrooms, rates & body corp levy $3571/year, rent $290/week but sold vacant, sold for $155,000 (Judi Yurak & Matt Shirley)

 

Zest, 72 Nelson St, unit 1105, 37m², fully furnished 2 bedrooms, rates & body corp levy $3404/year, rent $340/week (fixed to April), sold for $152,000 (Judi Yurak & Matt Shirley)

 

Waterfront

 

Princes Wharf, Shed 20, 139 Quay St, unit 14, leasehold, 58m², partly furnished one bedroom, deck, rates & operational levy $8061/year, ground rent $5620/year, passed in at $90,000 (Harrison Lingard)

 

Isthmus west

 

Ponsonby, Apex, 22 Prosford St, unit 2, 110m including deck, partly furnished 2 bedrooms, 2 bathrooms, 2 parking spaces, rates $2019/year, body corp levy $6708/year (reducing to $3700/year next year), passed in with vendor bid at $570,000 (Carla Pedersen & Krister Samuel)

 

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

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Mixed day at apartments auction

Published 10 November 2011

It was a mixed day at Ray White City Apartments’ auction today – 5 sold under the hammer after some solid bidding, 5 passed in. Auction results:

 

Learning Quarter

 

Focus, 99 Anzac Ave, unit 3E, 50m², fully furnished 2 bedrooms, rates & body corp levy $4977/year, rent $445/week (fixed to April 2012), sold for $215,000 (David Parker & James Graydon)

 

Oxford, 13-15 Mount St, unit 9D, parking space 2C, vacant 42m², fully furnished one bedroom, parking space, rates & body corp levy $4698/year, sold for $207,500 (Judi Yurak & Matt Shirley)

 

Queen St valley

 

Altitude, 34 Kingston St, unit 20E, 40m² plus 35m² deck, partly furnished 2 bedrooms, rates & body corp levy $7946/year, periodic rent $390/week, sold for $217,500 (Judi Yurak & Matt Shirley)

 

City Gardens, 76 Albert St, unit 12J, 42m², partly furnished one bedroom, rates $1198/year, rent $285/week, passed in at $150,000 (Monique Tse)

 

Dilworth, 22 Queen St, unit 8B, 191m² including 50m² deck, 2 bedrooms, 2 bathrooms, parking space (additional $72,000), passed in with vendor bid at $900,000 (Graham Scherer)

 

Harbour City, 16 Gore St, unit 21D, vacant 38m², fully furnished one bedroom, rates & body corp levy $3891/year, rental assessment $350/week, passed in at $195,000 (Thomas Sahs)

 

Shortland Towers, 97 Shortland St, unit 4B, vacant 60m², partly furnished one bedroom, deck, rates & body corp levy $3967/year, passed in at $232,000 (Jeremy McKean)

 

Uptown

 

Eclipse, 156 Vincent St, unit 3J, vacant 41m², fully furnished one bedroom, rates & body corp levy $3653/year, rental assessment $360-370/week, sold for $180,000 (Virgil Roberts)

 

Kiwi on Queen, 421 Queen St, unit 507, 34m², partly furnished 2 bedrooms, rates & body corp levy $3846/year, sold for $161,000 (Judi Yurak & Matt Shirley)

 

Volt, 430 Queen St, unit 918, 38m², fully furnished 2 bedrooms, deck, rates & body corp levy $4060/year, rent $410/week (fixed to December), no bids (David Parker & James Graydon).

 

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Attribution: Auction, story written by Kel Rayens & Bob Dey for the Bob Dey Property Report.

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8 units sold under hammer

Published 10 November 2011

8 Apartments were sold under the hammer in a mix of cbd & fringe units offered by City Sales on Wednesday. Another 3 were passed in. Auction results:

 

K Rd ridge

George Court, 238 Karangahape Rd, unit 3O, 90-105m², partly furnished 2 bedrooms, study, parking space, rates & body corp levy $5473/year, rental assessment $5-600/week, sold for $400,000 (Gabrielle Hoffman)

Meridian, 11 Howe St, unit 2D, 21m², partly furnished studio, deck, rates & body corp levy $2792/year, rent $220/week, sold for $102,500 (Wendy Feng)

 

Learning Quarter

96 on Symonds, 96 Symonds St, unit 1409, 38m², fully furnished 2 bedrooms, deck, in 10-year lease (from 2005) to 96 Management Ltd (now P&S Truscott Ltd), 2 x 10-year rights of renewal, rates & body corp levy $5174/year, sold for $168,500 (Hilary Seagrave & Lucy Piatov)

 

The Beach, 85 Beach Rd, unit 906, vacant 55m², fully furnished 2 bedrooms, deck, rates & body corp levy $8905/year, sold for $223,000 (Lucy Piatov & Hilary Seagrave)

The Pullman Hotel, 6 Princes St, unit 754 (7F), 70m² fully furnished one bedroom, deck, parking space, rates & body corp levy $11,680/year, in 11-year hotel lease (from 2002) at $33,978 + gst/year, one 10-year right of renewal, sold for $325,000 (Gabrielle Hoffman)

Victoria Quarter

Ascent, 149 Nelson St, unit 416, vacant 52m², partly furnished 2 bedrooms, deck, parking space, body corp levy $4133/year, passed in at $190,000 (Mike Campbell)

 

Heritage Farmers, 35 Hobson St, unit 551, 48m², fully furnished one bedroom, rates & body corp levy $10,215/year, in 50-year hotel lease (from 1998) returning $21,840 + gst/year,

sold for $166,000 (Maryanne Wong)

Oaks on Hobson, 188 Hobson St, unit 511, 46m², fully furnished 2 bedrooms, rates & body corp levy $7458/year, in 20-year hotel lease (from 2005) at $17,671/year, one 10-year right of renewal, passed in at $110,000 (Gabrielle Hoffman)

Isthmus east

Grafton, Luna, 16 Burton St, unit 1T, 38m², partly furnished one bedroom, deck, parking space, rates & body corp $3137/year, rent $285/week fixed until this month, sold for $195,000 (Hilary Seagrave & Lucy Piatov)

Isthmus west

Eden Terrace, Der Rohe, 10 Flower St, unit 204, 47m², partly furnished 2 bedrooms, deck, parking space (rent additional), rates & body corp levy $4278/year, periodic rent $350/week, passed in at $200,000 (Sue Beirne)

 

Eden Terrace, Washington, 20 Charlotte St, unit 3L, 70m², 2 bedrooms, deck, parking space, rates & body corp levy $5307/year, rent $390/week fixed to January, sold for $260,000 (Lucy Piatov & Hilary Seagrave).

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Attribution: Auction, story written by Kel Rayens & Bob Dey for the Bob Dey Property Report.

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Shortlands unit passed in

Published 3 November 2011

A large unit in the Shortlands Apartments building at the top of Shortland St was passed in at Barfoot & Thompson’s auction yesterday. Auction result:

 

Shortlands Apartments, 97 Shortland St, unit 7A, 111m², fully furnished 3 bedrooms, 2 bathrooms including ensuite, parking & storage space, rates $1872/year, body corp levy $6508/year, passed in at $400,000 (Livia Li).

 

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Attribution: Auction, story written by Kel Rayens & Bob Dey for the Bob Dey Property Report.

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Parnell unit sold, 2 in cbd passed in

Published 28 October 2011

A Parnell garden apartment was sold at Barfoot & Thompson’s auction on Wednesday, but 2 cbd units were passed in. Auction results:

 

Learning Quarter

 

The Statesman, 1 Parliament St, unit 109, 92m², fully furnished 2 bedrooms, deck, parking space, body corp levy $5339/year, no bids (Mike Wall)

 

Queen St Valley

 

Whitcoulls, 6 Victoria St East, unit 3D, 63m², fully furnished 2 bedrooms, body corp levy 3879/year, passed in at $180,000 (Albert Slack)

 

Isthmus east

 

Parnell, 22 St Georges Bay Rd, unit 7, 75m², partly furnished 2 bedrooms, deck & garden, garage, body corp levy $2036/year, vacant, sold for $535,000 (Steve Walsh)

 

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Attribution: Auction, story written by Kel Rayens & Bob Dey for the Bob Dey Property Report.

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4 sold at Ray White’s

Published 28 October 2011

Ray White City Apartments’ auction was a mixed bag yesterday – 4 units sold under the hammer, including one at the declared reserve after a stand-off between bidders lasting several minutes, and 4 were passed in. Auction results:

 

Learning Quarter

 

Century on Anzac, 100 Anzac Ave, unit GE, 59m², 2 bedrooms, deck, parking space, rates & body corp levy $5720/year, current rent $465/week, passed in at $350,000 (Damian Piggin & Daniel Horrobin)

 

Romano, 75 Anzac Ave, unit 3A, 80m², one bedroom, 2 parking spaces, rates & body corp levy $5795/year, rental assessment $500-550/week, sold for $315,000 (Dominic Worthington)

 

Unilodge, 138 Anzac Ave, unit 409, leasehold, 36m², fully furnished one bedroom, rates & body corp levy $6656/year, sold for $60,000 (Dominic Worthington)

 

Unilodge on Beach, 133 Beach Rd, unit 314, leasehold, 20m², fully furnished studio, rates & body corp levy $4210/year, vacant, passed in at $70,000 (Dominic Worthington)

 

Uptown

 

Airedale, 380 Queen St, unit 312, 25m², fully furnished studio, rates $1888/year, body corp levy $2037/year plus gst, sold at declared reserve of $99,000 (Damian Piggin & Daniel Horrobin)

 

C-Vu, 36 Day St, unit 10B, 28m², fully furnished one bedroom, deck, parking space, rates & body corp levy $4691/year, periodic rent $320/week, sold for $100,000 (Bain Duigan)

 

Volt, 430 Queen St, unit 418, 38m² plus deck, fully furnished 2 bedrooms, rates & body corp levy $4183/year, rent $410/week fixed to January, passed in at $189,000 (Marcus Fava)

 

Victoria Quarter

 

Imperial Gardens, 135 Hobson St, unit 120, 34m², fully furnished one bedroom, rates & body corp levy $3454/year, rent $310/week fixed to May 2012, passed in at $140,000 (Jackson Bodle & Tim Washington)

 

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Attribution: Auction, story written by Kel Rayens & Bob Dey for the Bob Dey Property Report.

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3 apartments passed in at Barfoots

Published 21 October 2011

In a mixed market for apartments this week, 3 city-centre units were passed in at Barfoot & Thompson’s auction. Auction results:

 

Learning Quarter

Empire, 23 Whitaker Place, unit 513, 3 bedrooms, passed in at $110,000 (Alan Vessey)

Seaview, 4-8 Short St, unit 8A, 3 bedrooms, deck, parking space, body corp levy $6083/year + gst, passed in with no bids (Livia Li)

Queen St valley

iStay, 16 Gore St, unit 37A, one bedroom, body corp levy $2425/year, passed in at $160,000 (Jason Buckwell)

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Attribution: Auction, story written by Kel Rayens & Bob Dey for the Bob Dey Property Report.

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6 out of 7 sell at Ray Whites

Published 21 October 2011

Freeholding has made a big difference to the market for townhouses & apartments at the city-fringe Beaumont Quarter, where units couldn’t be given away 2 years ago. Auction results:

Beaumont Quarter

St Marys Bay, 79 Fisher Point Drive, freehold 85m², part-furnished 2-bedroom townhouse, parking space, rates $1075/year, body corp levy $635.45/quarter, periodic rent $450/week, sold for $470,000 (James Graydon & David Parker)

 

Learning Quarter

Brooklyn, 66 Emily Place, unit 63, 77m², vacant part-furnished one bedroom, parking space (additional $220/month), rates & body corp levy $5470/year, sold for $460,000 (Gillian Gibson)

Oxford, 13-15 Mount St, unit 10G, 38m², vacant part-furnished one bedroom, rates & body corp levy $4082/year, prior rent $305/week, sold for $130,200 (Judi Yurak & Matt Shirley)

Tetra House, 85 Wakefield St, unit 1211, 39m², fully furnished one bedroom, 2 bathrooms, rates & body corp levy $6608/year, current rent $310/week, sold for $175,000 (Thomas Sahs)

 

17 Whitaker Place, unit D, 71m², part-furnished 2 bedrooms, deck, parking space, rates & body corp levy $4764/year, current rent $450/week, sold for $335,000 (Krister Samuel)

Uptown

Volt, 430 Queen St, unit 211, 37m², part-furnished 2 bedrooms, deck, rates & body corp levy $4183/year, current rent $370/week, sold for $173,000 (Judi Yurak & Matt Shirley)

Waterfront

The Sebel, 85 Customs St West, unit 110, leasehold, 57m², fully furnished one bedroom, rates $1460/year, body corp levy $10,195/year, periodic rent $450/week, passed in at $151,000 (Judi Yurak & Matt Shirley) 

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Attribution: Auction, story written by Kel Rayens & Bob Dey for the Bob Dey Property Report.

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7 units sell in City Sales auction

Published 21 October 2011

City Sales took 13 city-centre apartments and another in Takapuna to auction on Wednesday and sold 7 of them under the hammer. Auction results:

Learning Quarter

Cambridge, 43 Anzac Ave, unit 512, 17m², fully furnished studio, rates & body corp levy $4131/year, rent $210/week fixed to July 2012, passed in at $80,000 (Juan Xin)

Eden Apartments, 32 Eden Crescent, unit 2F, 24m², fully furnished studio, deck, rates $1066/year, current rent $260/week, sold for $125,000 (Ryan Bridgman)

Eden Apartments, 32 Eden Crescent, unit 5G, vacant 35m², fully furnished one bedroom, deck, rates & body corp levy $3281/year, sold for $176,000 (Hilary Seagrave & Lucy Piatov)

Quest on Mount, 13-15 Mount St, unit 3D, vacant 41m², partially furnished one bedroom, deck, rates & body corp levy $4468/year, sold for $133,500 (Gabrielle Hoffman)

Quest on Mount, 13-15 Mount St, unit 3E, rates & body corp levy $4823/year, tenanted by Country Club Apartments Ltd, rent $26,000/year, passed in at $200,000 (Grant Elliott)

Quest on Mount, 13-15 Mount St, unit 4B, vacant 54m², fully furnished 2 bedrooms, deck (plus associated parking spaces at units 1H & 1J), rates & body corp levy $5069/year (unit 4B), $704/year (parking space 1H), $745/year (parking space 1J), sold for $306,500 (Gabrielle Hoffman)

Quay Park

Grand Central, 26 Te Taou Crescent, unit 258, leasehold, 51m², fully furnished 2 bedrooms, rates $1057/year, operational levy $11,400/year, current rent $350/week, sold for $37,000 (declared reserve was $30,000) (Mark Jones & Andrew Bond)

Uptown

Eclipse, 152 Vincent St, unit 14L, vacant 62m², fully furnished 2 bedrooms, deck, rates & body corp levy $5535/year, sold for $311,000 (Keisha Gutierrez)

Victoria Quarter

Ascent, 149 Nelson St, unit 317, 56m², part-furnished 2 bedrooms, deck, rates & body corp levy $4768/year, rent $300/week fixed to February, passed in at $160,000 (Grant Elliott)

Ascent, 149 Nelson St, unit 524, vacant 51m², part-furnished 2 bedrooms, deck, parking space, rates & body corp levy $5407/year, passed in at $195,000 (Grant Elliott)

Regatta Court, 92 Nelson St, unit 4B, vacant 42m², fully furnished one bedroom, deck, parking space, rates & body corp levy $6393/year, passed in with vendor bid at $220,000 (Grant Elliott)

Zest, 72 Nelson St, unit 1125, vacant 36m², fully furnished 2 bedrooms, deck, parking space, rates & body corp levy $4237/year, rental assessment $380-$400/week, passed in at $187,000 (Wendy Feng)

Waterfront

Princes Wharf, 139 Quay St, unit 50A, leasehold, vacant 75m², part-furnished one bedroom, rates $1480/year, operational expense $10,647/year to March 2012, ground rent $9142/year on 97-year lease, passed in with vendor bid at $100,000 (Grant Elliott)

North-east – Takapuna

Spencer on Byron, 9-17 Byron Avenue, unit 1504, vacant 48m², fully furnished one bedroom, deck, rates & body corp levy $4590/year, sold for $180,000 (Gabrielle Hoffman) 

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Attribution: Auction, story written by Kel Rayens & Bob Dey for the Bob Dey Property Report.

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8 Quadrant units taken to market, 5 sell

Published 13 October 2011

5 units in the Quadrant Hotel were sold under the hammer at Ray White City Apartments’ auction today, and another 3 passed in.

Also in the Learning Quarter – an expanse of the eastern side of the cbd stretching from Wakefield St down Symonds St to the foot of Anzac Avenue – 2 Unilodge units and one in Tetra House were also sold under the hammer.

One unit outside the cbd was also taken to auction today, at Quattro on Great North Rd. It sold post-auction. Auction results:

Learning Quarter

 

Tetra House, 85 Wakefield St, unit 210, 39m², fully furnished one bedroom, 2 bathrooms, rates & body corp levy $4709/year, rent $300/week fixed to December, sold for $160,000 (Damian Piggin & Daniel Horrobin)

 

The Quadrant, 10 Waterloo Quadrant, unit 711, 22m², fully furnished studio, rates & body corp levy $4291/year, sold for $126,000 (Damian Piggin & Daniel Horrobin)

 

The Quadrant, 10 Waterloo Quadrant, unit 724, 22m², fully furnished studio, rates & body corp levy $4291/year, sold for $123,000 (Damian Piggin & Daniel Horrobin)

 

The Quadrant, 10 Waterloo Quadrant, unit 806, 22m², fully furnished studio, rates & body corp levy $3364/year, sold for $124,000 (Damian Piggin & Daniel Horrobin)

 

The Quadrant, 10 Waterloo Quadrant, unit 1402, 32m², fully furnished one bedroom, rates & body corp levy $5660/year, sold for $160,000 (Damian Piggin & Daniel Horrobin)

 

The Quadrant, 10 Waterloo Quadrant, unit 1507, 32m², fully furnished one bedroom, rates & body corp levy $5710/year, sold for $165,000 (Damian Piggin & Daniel Horrobin)

 

The Quadrant, 10 Waterloo Quadrant, unit 1509, 32m², fully furnished one bedroom, rates & body corp levy $5710/year, passed in at $162,500 (Damian Piggin & Daniel Horrobin)

 

The Quadrant, 10 Waterloo Quadrant, unit 1403, 32m², fully furnished one bedroom, rates & body corp levy $5885/year, passed in with vendor bid at $180,000 (Damian Piggin & Daniel Horrobin)

 

The Quadrant, 10 Waterloo Quadrant, unit 1503, 32m², fully furnished one bedroom, rates & body corp levy $5949/year, passed in with vendor bid at $180,000 (Damian Piggin & Daniel Horrobin)

 

Unilodge, 138 Anzac Ave, unit 303, leasehold, 56m², fully furnished one bedroom, rates $1216/year, body corp levy $5086/year, current rent $327/week, sold for $58,000 (Damian Piggin & Daniel Horrobin)

 

Unilodge, 138 Anzac Ave, unit 603, leasehold, 56m², fully furnished one bedroom, rates $1211/year, body corp levy $5086/year, current rent $338/week, sold for $62,500 (Damian Piggin & Daniel Horrobin)

 

Isthmus west

Quattro, 444 Great North Rd, unit 1J, 64m² (including decks), partially furnished one bedroom, 2 decks parking space, rates & body corp levy $4183/year, rent $355/week fixed to January, sold post-auction for $265,000 (Bain Duigan)

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

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