Tag Archives | Ray White

One apartment sold out of 9 on offer at auction

An apartment in the Volt on Queen St (pictured) was the only one of 9 units on offer to sell at Ray White City Apartments’ auction today.

CBD

Learning Quarter

The Whitaker, 2 Whitaker Place, unit 5C:
Features: 53m², one bedroom, parking space
Outgoings: rates $1168/year including gst
Outcome: no bid
Agent: Andrew Bond

Quay Park

Mirage, 86 The Strand, unit 508:
Features: leasehold, 33m² studio, covered parking space
Outgoings: rates $1149/year including gst
Outcome: no bid
Agents: Mitch Agnew & Ryan Bridgman

Queen St

Guardian, 105 Queen St, unit 511:
Features: 35m², one bedroom
Outgoings: rates $1570/year including gst; body corp levy $3382/year
Income assessment: $480-520/week furnished
Outcome: passed in at $300,000
Agents: May Ma & Mark Li

Uptown

Volt, 430 Queen St, unit 1117:
Features: 40m², 2 bedrooms
Outgoings: rates $1304/year including gst; body corp levy $3901/year after 10% prompt payment discount
Income assessment: $490/week fixed until February
Outcome: sold for $340,000
Agents: Victor Liu

Victoria Quarter

Harvard, 147 Hobson St, unit 2F:
Features: 37m², 2 bedrooms
Outgoings: rates $1071/year including gst; body corp levy $3262/year after 10% prompt payment discount
Income assessment: $430/week current
Outcome: sole bid $280,000 from the vendor, passed in
Agent: Krister Samuel

Harvard, 147 Hobson St, unit 9J:
Features: 38m², 2 bedrooms
Outgoings: rates $1207/year including gst; body corp levy $5050/year
Income assessment: $435/week current
Outcome: passed in at $289,000
Agent: Krister Samuel

Stanford, 189 Hobson St, unit 2G:
Features: 41m², 2 bedrooms,
Outgoings: rates $1130/year including gst; body corp levy $3356/year after 10% prompt payment discount
Income assessment: $430/week current
Outcome: passed in after bid at $250,000, vendor bid at $280,000
Agent: Krister Samuel

Stanford, 189 Hobson St, unit 3B:
Features: 35m², 2 bedrooms
Outgoings: rates $1052/year including gst; body corp levy $3356/year after 10% prompt payment discount
Income assessment: $430/week current
Outcome: sole bid $280,000 from the vendor, passed in
Agent: Krister Samuel

North-east

Albany Heights

125 Gills Rd, unit 46:
Features: 154m², 3-bedroom townhouse, 2.5 bathrooms, double garage
Outgoings: rates $1841/year including gst; body corp levy $3526/year
Income assessment: $590/week, fixed until 8 March, appraisal $600-650/week unfurnished
Outcome: passed in at $650,000
Agents: May Ma & Mark Li

Attribution: Auction.

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Eclipse & Landings units sell

An Eclipse apartment (pictured) was sold at an auction brought forward and a unit in the leasehold Landings at Quay Park was also sold under the hammer at Ray White City Apartments today.

Apartments in Zest & the Connaught and a suburban unit at Pt England were passed in.

CBD

Learning Quarter

Connaught, 14 Waterloo Quadrant, unit 1F:
Features: 75m², 2 bedrooms, full makeover includes new kitchen & bathroom, decks off living room & both bedrooms, single internal-access garage
Outgoings: rates $2059/year including gst; body corp levy $6497/year
Outcome: passed in at $752,000
Agents: Steve & Lisa Stone

Quay Park

The Landings, 10 Ronayne St, unit 205:
Features: leasehold, 47m², 2 bedrooms (details corrected)
Outgoings: rates $1149/year including gst; body corp levy $2338/year, ground rent $1952/year (increasing to $3361/year for next term)
Income assessment: $410/week
Outcome: sold for $140,000
Agents: James Mairs & Lucia Gao

Uptown

Eclipse, 156 Vincent St, unit 1F:
Features: 41m², furnished one bedroom, 16m² private courtyard, storage locker
Outgoings: rates $1343/year including gst; body corp levy $3669/year including water
Income assessment: $450/week, fixed until next May
Outcome: sold for $350,000 at auction brought forward (acceptable offer was $345,000)
Agents: Judi & Michelle Yurak

Victoria Quarter

Zest, 72 Nelson St, unit 1223:
Features: 36m², 2 bedrooms
Outgoings: rates $1188/year including gst; body corp levy $4517/year
Income assessment: $460-480/week furnished
Outcome: passed in at $290,000
Agents: Judi & Michelle Yurak

Isthmus east

Pt England

59 Pt England Rd, unit 2:
Features: cross-lease, 291m² lot (1/3 share in 872m²), 64m² building, 2-level 2-bedroom suburban unit, parking space
Outgoings: rates $1394/year including gst
Outcome: passed in at $300,000
Agents: Stephen Ng & Ali Khandanpour

Attribution: Auction.

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5 apartments out of 12 sell at auction

5 of the 12 apartments auctioned at Ray White City Apartments yesterday sold under the hammer.

2 vendors had 2 apartments each up for sale and none of them sold first time round. 2 of those units in the leasehold Landings at Quay Park (pictured) sold when offered together, but the other vendor’s pair, in the Zest complex, remained unsold.

Units sold in Kiwi on Queen, Mount Terrace and at Thompson Park in Mt Wellington.

At the bottom of the market, a unit in the Unitec student accommodation village, where remediation is required, attracted just 2 bids and was passed in at $2000.

CBD

Kitchener St

Metropolis, 1 Courthouse Lane, unit 1101:

Features: 35m², one bedroom, storage unit
Outgoings: rates $1265/year including gst; body corp levy $3516/year
Income assessment: $475/week, fixed until 16 January
Outcome: passed in at $402,000
Agents: Ron Yang & Adam Gurr

Learning Quarter

Mount Terrace Apartments, 33 Mount St, unit 15A:
Features: 61m², fully furnished 2 bedrooms
Outgoings: rates $1440/year including gst; body corp levy $7716/year including water
Outcome: sold vacant for $390,000
Agent: Victor Liu

The Wakefield, 18 Wakefield St, unit 7F:
Features: 56m², vacant one bedroom
Outgoings: rates $1362/year including gst; body corp levy $2895/year
Income assessment: $550-580/week furnished
Outcome: no bid
Agents: Dominic Worthington & Ady Huang

Quay Park

The Landings, 10 Ronayne St, units 410 & 510:
Features: both leasehold, each 53m², 2 bedrooms, parking space
Outgoings: unit 410 – rates $1362/year including gst; body corp operational levy $4035/year, ground rent $5800/year; unit 510 – rates $1381/year including gst; body corp operational levy $4172/year, ground rent $5998/year
Income assessment: both $550/week current
Outcome: each passed in at $205,000; both units sold together for $450,000
Agents: Dominic Worthington & Ady Huang

The Landings, 8 Ronayne St, unit 1002:
Features: leasehold, 51m², 2 bedrooms, 2 bathrooms, balcony, tandem parking
Outgoings: rates $1498/year including gst; body corp operational levy $4768/year, ground rent $6955/year
Outcome: passed in after bid at $210,000 & vendor bid at $225,000
Agents: Dominic Worthington & Ady Huang

Uptown

Kiwi On Queen, 421 Queen St, unit 211:
Features: 45m², fully furnished 2 bedrooms
Outgoings: rates $1265/year including gst; body corp levy $4973/year including water
Income assessment: $500-520/week furnished
Outcome: sold vacant for $420,500
Agents: May Ma & Mark Li

Victoria Quarter

Zest, 72 Nelson St, units 214 & 415:
Features: each 23m², fully furnished one bedroom
Outgoings: unit 214 – rates $926/year including gst, body corp levy $2014/year; unit 415 – rates $936/year including gst, body corp levy $2071/year
Income assessment: each $300/week, current
Outcome: unit 214 – passed in at $160,000; unit 415 – passed in at $155,000; units 415 & 214 together – passed in after bid at $300,000, vendor bid at $400,000
Agent: Victor Liu

Isthmus east

Mt Wellington

Thompson Park Apartments, 8 Thompson Park Rd, unit 32:

Features: 98.26m² including 11.42m² of balconies, 2 bedrooms, 2 bathrooms, study, storage locker, 2 parking spaces
Outgoings: rates $1844/year including gst; body corp levy $3395/year
Income assessment: $650-700/week
Outcome: sold for $740,000
Agent: Steve King

Isthmus west

Eden Terrace

Uptown on New North Rd, 83 New North Rd, unit GB:
Features: 83m² ground-floor apartment on 113m², 2 bedrooms, patio, 2 parking spaces
Outcome: no bid
Agent: Andrew Bond

Pt Chevalier

125 Carrington Rd, Building 310, door 9:
Features: leasehold, 2 bedrooms, 2 bathrooms, one of 45 apartments containing 130 rooms under management in Unitec student accommodation village, remedial work for weathertightness issues not yet completed – body corporate approved for financial assistance under an MBIE (Ministry of Business, Innovation & Employment) claim
Outgoings: rates $1607/year including gst; body corp levy $6210/year – ground rent being reviewed to market after initial period of 10c/year peppercorn rent, negotiation range $3621-5965/year + gst; buyer to pay any levy to cover new ground rent
Income assessment: each room $245/week during 2 semesters in pooled scheme; owner also benefits from share of rental pool; gross rent for both units $13,423/year in April 2018 year, net $6726/year
Outcome: property offered on an ‘as is, where is’ basis, passed in at $2000
Agents: James Mairs & Andrew Bond

Attribution: Auction.

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Propbd on Q Th4Oct18 – 5 sell in 12-lot apartments auction, 2 apartments sold at City Sales auction & 2 under negotiation

Welcome back Propbd on Q! It’s a while since I’ve run information in this section, but it will start to appear more frequently as you see a range of changes coming to The Bob Dey Property Report.

In general, Propbd on Q (hold your fingers over your nose to pronounce Property, and think of the centre of the universe, to Aucklanders – Queen St – where much of this website is written) contains an abbreviated version of items, with the detailed version to follow.

5 sell in 12-lot apartments auction

5 of the 12 apartments auctioned at Ray White City Apartments today were sold under the hammer, including 2 leasehold units in The Landings at Quay Park which were initially passed in when offered separately.

Another Landings unit was passed in, and 2 Zest units attracted little interest separately or together.

The Landings, 8 Ronayne St, unit 1002, leasehold, passed in after bid at $210,000 & vendor bid at $225,000; agents Dominic Worthington & Ady Huang
33 Mount St, unit 15A, sold for $390,000; Victor Liu
Kiwi On Queen, 421 Queen St, unit 211, sold for $420,500; May Ma & Mark Li
Pt Chevalier, Unitec student accommodation, 125 Carrington Rd, Building 310, door 9, leasehold, passed in at $2000 (multiple issues); James Mairs & Andrew Bond
The Landings, 8 Ronayne St, units 410 & 510, leasehold, passed in at $205,000 each when auctioned separately; sold for $450,000 when auctioned together; Dominic Worthington & Ady Huang
Metropolis, 1 Courthouse Lane, unit 1101, passed in at $402,000, Ron Yang & Adam Gurr
Zest, 72 Nelson St, units 415 & 214, unit 415 passed in at $155,000, unit 214 passed in at $160,000 when auctioned separately; when auctioned together, still passed in after bid at $300,000, vendor bid at $400,000; Victor Liu
Mt Wellington, Thompson Park Apartments, 8 Thompson Park Rd, unit 32, sold for $740,000; Steve King
Eden Terrace, Uptown on New North Rd, 83 New North Rd, unit GB, no bid; Andrew Bond
The Wakefield, 18 Wakefield St, unit 7F, no bid; Dominic Worthington & Ady Huang

2 apartments sold at City Sales auction, 2 under negotiation

2 apartments were sold under the hammer at City Sales’ auction yesterday, and another 2 are under negotiation post-auction.

Amora, 100 Greys Ave, unit 6J, sold for $225,000 (zero-rated for gst – in hotel lease expiring in 2021); Dahui Chen
The Statesman, 1 Parliament St, unit G08, passed in after GAVL online bid, under negotiation post-auction; Scott Dunn
Victoria Residences, 75 Victoria St, unit 1304, passed in at $840,000, under negotiation post-auction; Maggie Sun & Scott Dunn
The Statesman, 1 Parliament St, unit 307, sold for $572,000; Scott Dunn
Imperial Gardens, 135 Hobson St, unit 701, passed in; Haytham Nasr
Remuera, 7 Haast St, unit 2, passed in; Haytham Nasr

Attribution: Auctions.

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All passed in at apartments auction

All 3 apartments auctioned at Ray White City Apartments yesterday were passed in

CBD

Learning Quarter

Carlisle Apartments, 7 Emily Place, unit 2H:
Features: 52m², one bedroom, Juliet balconies
Outgoings: rates $1357/year including gst; body corp levy $4902/year
Outcome: passed in at $490,000, back on market at $545,000
Agent: Damian Piggin

Quay Park

The Landings, 10 Ronayne St, unit 401:
Features: leasehold, 41m², 2 bedrooms, newly remediated complex
Outgoings: rates $1110/year including gst; body corp levy $4290/year, ground rent will increase by $1548/year
Income assessment: $450/week, fixed until 18 January
Outcome: passed in at $150,000
Agents: James Mairs & Lucia Gao

Isthmus east

Newmarket

11 George St, unit 3E:
Features: pet-friendly dual key unit, total 177m² – 2-bedroom apartment, 2 bathrooms, balcony; plus one-bedroom apartment; 2 parking spaces
Outgoings: rates $4253/year including gst; body corp levy $/year
Income assessment: $/week
Outcome: passed in at $1.5 million
Agent: Susanne Bussell

Attribution: Agency release.

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3 apartments sell at auction

3 apartments were sold under the hammer at Ray White City Apartments’ auction today, including one at the pre-auction offer price. 4 others were passed in.

CBD

Learning Quarter

MetroCity, 82 Wakefield St, unit 1E:
Features: 38m², one bedroom, storage locker
Outgoings: rates $1149/year including gst; body corp levy $4758/year
Income assessment: $450-470/week furnished
Outcome: sold for $275,000
Agents: May Ma & Mark Li

Columbia, 15 Whitaker Place, unit 9D:
Features: 42m², fully furnished 3 bedrooms
Outgoings: rates $1013/year including gst; body corp levy $6046/year
Income assessment: $570-590/week – out of Iota Management Ltd pool
Outcome: passed in at $246,000
Agents: Mitch Agnew & Ryan Bridgman

Queen St

QVB Farmers, 6 Victoria St East, unit 6D:
Features: 120m², 3-level 3-bedroom loft, 5m-high ceilings, 2 staircases to mezzanine & loft bedrooms, downstairs bedroom & bathroom
Outgoings: rates $2369/year including gst; body corp levy $8146/year
Outcome: no bid
Agent: Ann Bennett

Victoria Quarter

Zest, 72 Nelson St, unit 401: 48m², 2-bedroom corner unit, 2 bathrooms
Outgoings: rates $1168/year including gst; body corp levy $4348/year
Outcome: sold for pre-auction offer of $380,000
Agent: Victor Liu

Isthmus west

Grey Lynn

23A Pollen St, unit 301:
Features: 68m² internal, 9m² balcony, 2 bedrooms, parking space
Outgoings: rates $1960/year including gst; body corp levy $4706/year
Outcome: passed in at $910,000
Agent: Adam Gurr

North-east

Takapuna

Prestige on Pupuke, 73 Anzac St, unit 16:
Features: 154m², 3 bedrooms, 2 bathrooms, study, 2 parking spaces, storage locker
Outgoings: rates $3285/year including gst; body corp levy $7595/year
Outcome: passed in at $1.205 million
Agents: Mitch Agnew & Ryan Bridgman

Spencer on Byron, 9-17 Byron Avenue, unit 1208:
Features: 48m², one bedroom, parking space
Outgoings: rates $5618/year including gst; body corp levy $3501/year
Income assessment: under hotel management
Outcome: sold for $377,000
Agents: Gillian Gibson & James Mairs

Attribution: Auction.

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2 apartments sell, 2 passed in at auction

2 apartments were sold & 2 passed in at Ray White City Apartments’ auction today. All had one bedroom, 2 with a balcony, and none had parking.

A large QVB unit at the corner of Queen & Victoria Sts sold at just under $10,000/m² and one in Whitaker Place went for $8400/m².

A Metropolis unit was passed in just short of $11,000/m² and $30,000 short of a reduced reserve, while a Forte unit was passed in at just over $11,000/m².

CBD

Kitchener St

Metropolis, 1 Courthouse Lane, unit 1702:
Features: 52m², one bedroom
Outgoings: rates $1614/year including gst; body corp levy $6050/year
Income assessment: $645/week
Outcome: passed in at $570,000
Agents: James Mairs & Lucia Gao

Learning Quarter

Forte, 37 Symonds St, unit 803:
Features: 27m², furnished one bedroom, deck
Outgoings: rates $1130/year including gst; body corp levy $2526/year
Income assessment: $400-430/week furnished
Outcome: passed in at $300,500
Agents: May Ma & Mark Li

Longview, 6 Whitaker Place, unit 9D:
Features: 50m², fully furnished one bedroom, balcony
Outgoings: rates $1246/year including gst; body corp levy $4165/year
Income assessment: $490/week
Outcome: sold for $420,000
Agents: Mitch Agnew & Ryan Bridgman

Queen St

QVB Farmers, 6 Victoria St East, unit 5M:
Features: 50m², one bedroom
Outgoings: rates $1633/year including gst; body corp levy $5264/year
Outcome: sold for $495,000
Agents: Damian Piggin

Attribution: Auction.

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4 apartments sell at auction

Published 7 September 2018
4 of the 7 apartments auctioned at Ray White City Apartments yesterday were sold under the hammer.

CBD

Federal St

Federal City Apartments, 207 Federal St, unit 402:
Features: 61m², fully furnished 2 bedrooms, balcony
Outgoings: rates $1478/year including gst; body corp levy $5109/year
Income assessment: $580-600/week furnished
Outcome: passed in at $507,000
Agents: May Ma & Mark Li

Quay Park

The Docks, 6 Dockside Lane, unit 318:
Features: leasehold, 65m², 2 bedrooms, parking space
Outgoings: rates $1769/year including gst; body corp levy $9287/year after 10% discount for payment by due date, including $4487/year ground rent
Income assessment: $600/week current
Outcome: sold for $178,000
Agent: Victor Liu

Uptown

Kiwi on Queen, 421 Queen St, unit 514:
Features: 52m², 4 bedrooms
Outgoings: rates $1478/year including gst; body corp levy $5789/year after 10% discount for payment by due date
Income assessment: $650/week
Outcome: sold for $486,000
Agent: Victor Liu

Victoria Quarter

88 Cook St, unit 32:
Features: 175m², 4 bedrooms + flexi-room, 2 bathrooms, 2 parking spaces
Outgoings: rates $2113/year including gst; body corp levy $3367/year
Outcome: no bid
Agent: Victor Liu

Marina Park, 146 Fanshawe St, unit 51:
Features: 51m², 2 bedrooms, tandem parking, reclad & new code compliance certificate issued in 2012
Outgoings: rates $1660/year including gst; body corp levy $3523/year after 10% discount for payment by due date
Income assessment: $490/week current
Outcome: sold for $516,000
Agent: Victor Liu

Zest, 72 Nelson St, unit 1203:
Features: 37m², 2 bedrooms, parking space
Outgoings: rates $1304/year including gst; body corp levy $4285/year
Income assessment: $450/week current, sold with vacant possession
Outcome: sold for $368,500
Agent: Victor Liu

Wynyard Quarter

Stratis, Lighter Quay, 83 Halsey St, unit 608:
Features: leasehold, 101m² on top floor, furnished 3 bedrooms, 2 bathrooms, 2 parking spaces
Outgoings: rates $2989/year including gst; body corp levy $54,660/year
Outcome: passed in after sole bid at $700,000
Agent: Damian Piggin

Attribution: Auction.

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2 sales & one pending from apartments auction

Published 30 August 2018
A leasehold apartment in the Landings (pictured), beside the Spark Arena in Quay Park, sold under the hammer at Ray White City Apartments’ auction today.

One of the other 2 units on the auction list, in the Guardian on Queen St, had the highest bid placed on a contract and the third unit, in the Heritage Farmers, was sold post-auction.

CBD

Quay Park

The Landings, 10 Ronayne St, unit 305:
Features: leasehold, 47m², 2 bedrooms, storage locker, new code compliance certificate issued after remediation
Outgoings: rates $1168/year including gst; body corp levy $4543/year – $2476/year operating levy, $2067/year ground rent; ground lease was up for renewal at 1 August 2018
Income assessment: $440/week
Outcome: sold for $192,000
Agents: James Mairs & Lucia Gao

Queen St

The Guardian, 105 Queen St, unit 701:
Features: 43m², fully furnished one-bedroom corner unit
Outgoings: rates $1745/year including gst; body corp levy $4124/year
Income assessment: $480/week fully furnished
Outcome: passed in at $410,000, highest bid placed on contract
Agents: Dominic Worthington & Ady Huang

Victoria Quarter

Heritage Farmers, 35 Hobson St, unit 306:
Features: 33m², furnished studio
Outgoings: rates $4502/year including gst; body corp levy $4979/year
Income assessment: in hotel management pool
Outcome: passed in at $256,000, sold post-auction
Agents: Mitch Agnew & Ryan Bridgman

Attribution: Auction.

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3 apartments sell at auction

3 apartments were sold and 2 passed in at Ray White City Apartments’ auction today.

The sales were in the Aura, Citta (pictured) & Landings buildings, and an offer was to go on a contract for a unit in the Harvard on Hobson St.

CBD

Quay Park

The Landings, 8 Ronayne St, unit 904:
Features: leasehold, 68m², 2 bedrooms, parking space, storage locker; code compliance certificate issued after remediation; the 7-yearly review of the Ngati Whatua o Orakei Trust Board ground lease came up for renewal on 1 August
Outgoings: rates $1204/year including gst; body corp levy $5504/year, ground rent $4516/year
Income assessment: $580/week current
Outcome: sold for $237,500
Agents: James Mairs & Lucy Gao

Victoria Quarter

Aura, 53 Cook St, unit 412:
Features: 50m², 2 bedrooms
Outgoings: rates $1265/year including gst; body corp levy $3778/year
Outcome: sold vacant for $420,000
Agent: Keisha Gutierrez

Harvard, 147 Hobson St, unit 6A:
Features: 50m², fully furnished 4 bedrooms, recently given $20,000 makeover
Outgoings: rates $1362/year including gst; body corp levy $6148/year
Income assessment: $590/week, fixed until 13 January; appraisal $700-750/week
Outcome: passed in at $401,500
Agent: Krister Samuel

Zest, 72 Nelson St, unit 717:
Features: 20m², furnished one bedroom
Outgoings: rates $994/year including gst; body corp levy $1856/year, water excluded
Income assessment: $310/week, fixed until 8 September
Outcome: passed in at $208,000
Agents: Judi & Michelle Yurak

Isthmus east

Grafton

Citta, 184 Symonds St, unit 314:
Features: 65m², 2 bedrooms, 2 bathrooms, parking space, 2 storage lockers
Outgoings: rates $1631/year including gst; body corp levy $4894/year
Outcome: sold vacant for $591,000
Agent: Keisha Gutierrez

Attribution: Auction.

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