A leasehold student apartment, not quite covering its outgoings, and a Memphis unit on the city centre’s western fringe were passed in at Ray White City Apartments’ auction today.
Memphis
Statesman studio sells
A Statesman studio was sold for $12,400/m² at City Sales’ auction yesterday. A Memphis apartment in Eden Terrace was passed in.
Update: C-Vu & Statesman units sell, then 4 others passed in
The first 2 apartments on City Sales’ auction list yesterday, in C-Vu & the Statesman (pictured), were sold but the remaining 4 were passed in.
City apartments sell in $9-10,000/m² range at auction
An apartment on St Patrick’s Square (building pictured) and another at the top of the Auckland cbd, in Scotia Place, sold under the hammer at Ray White City Apartments’ auction yesterday. 3 others were passed in at an auction which attracted multiple bidders on 2 properties, none on another. Assuming a 5% return on current […]
Sales start to flow post-auction
City Sales had an unsuccessful hour in the auctionroom yesterday as all 6 apartments were passed in, but by the end of the afternoon had 2 sold conditionally and offers had been made on 2 more.
Updated: Narrow development site passed in, 2 apartments sold
A narrow site in Grey Lynn with consent for a residential development was passed in at Barfoot & Thompson’s apartments & commercial auction yesterday. 2 of the 4 apartments on offer were sold under the hammer.
