Auction Report for 27 October 2021
A short week after the Labour Day weekend has resulted in no shortage of activity.
Our 27 October portfolio included properties from Pakuranga, Sunnyhills, Bucklands Beach, Mellons Bay, Howick, Golflands, Shamrock Park, Dannemora, Flat Bush, Half Moon Bay and further afield Waiuku and Pauanui.
With Level 3 Lockdown still in place, our real estate activity has continued using the Online virtual platform to conduct auctions, giving our vendor clients the opportunity to sell with a totally unconditional sale agreement.
Despite the continuation of the lockdown restrictions real estate activity, has continued with an obvious confidence which has been amply demonstrated with multi bidding competition for the properties that have been offered For Sale through our Auction Programmes. The sale success has been a tribute to the quality of our clients’ properties and also the demand to live within our Eastern Beaches area.
8 Springdale Road, Waiuku highlighted the demand for living just outside of the Auckland metropolitan area in a more country setting. A modern brick clad four bedroom home is surrounded by 2616m2, a barn and ample space for gardens drew 55 competitive bids to eventually sell “ under the hammer “ at $1,503,000.
31 Fordyce Avenue, Sunnyhills attracted buyers to a sought-after school zone address, a home with a bold reassuring exterior, a spacious floor plan with various living rooms for family living, all surrounded by a 913m2 section. After a conservative start, buyer recognition of value was evident and with a total of 31 competitive bids it sold “under the hammer “at $2,335,000, a deserved result for long and enjoyed ownership.
5 Edgar Pearce Place, Howick followed with buyers attracted to its family space, presentation, outdoor living and Howick neighbourhood address. 50 year happy ownership was well rewarded with 25 competitive bids to sell “under the hammer “ at $1,622,000.
1/352 Bucklands Beach Road, Bucklands Beach demonstrated the demand for an easier care, two bedroom unit with a pleasing presentation, close to a variety of services with 40 bids resulting in a sale ”under the hammer “ at $1,000,000
36 Westerham Drive, Dannemora offered buyers a lot of style, family space, outdoor living, in a very popular Dannemora neighbourhood. Formal and family living rooms, four bedrooms, distinctive design aspects to the interior, patio and garden setting outdoor living, was bound to attract positive buyer interest. After some 44 competitive bids, it sold “under the hammer “ at $2,710,000.
2/16 Walter MacDonald Street, Mellons Bay was another demonstration of buyer activity for an easier to care for option. There was no doubt that just a very short walk to the very heart of Howick Village was a positive factor that complimented the pleasing presentation of this two-bedroom unit. After some 29 bids it sold “under the hammer “ at $1,009,000
47 Anaheim Boulevard, Shamrock Park completed an afternoon of high activity. Every time we have had the opportunity to market properties within this more select neighbourhood, buyers have appreciated the style and substance of residences which is quite evident. This home found at the end of the Boulevard certainly deserves its place. An electronic gate entrance introduces a home of impressive exterior design and then to a floor plan of elegant formal lounge and dining presentation, a very spacious family room incorporating kitchen and family dining, opening out to outdoor living centred on inground pool and outdoor sauna room. Six bedrooms ensures family and guest accommodation. It deserved all of the 74 very competitive bids and auction time to eventually finalise a sale “under the hammer “at $3,300,000.
9 West Fairway, Golflands continued negotiations post auctions and a multi offer presentation resulted in a sale for our vendors.
We were asked to market 147 Vista Paku, Pauanui , and as expected it drew immediate response for buyers wanting to secure a property within this very popular Coromandel Peninsula destination. We were able to confirm an auction date due to an unconditional offer that was presented to our vendor and accepted subject to the property being submitted to auction at the confirmed date. Buyer interest here was very understandable due to a home that radiated a lot of appeal through its combined living, three bedrooms, decked outdoor living and 607m2 section. Additional options add to its attributes. It sold “under the hammer “ at $1,200,000.
2/11 Britannia Place, Half Moon Bay was able to confirm an auction date due to an unconditional offer that was presented to our vendor and accepted subject to the property being submitted to auction at the confirmed date. This home found immediate favour away from the popular cul de sac street frontage with the advantage of its rear boundary looking out to the open green spaces of the Pigeon Mountain Reserve. The one level floor plan provides three bedrooms, lounge and dining, kitchen and family room that opens to enclosed outdoor living. It sold “under the hammer “ at $1,600,000.
86 Bradbury Road, Botany Downs was also able to confirm an auction date due to an unconditional offer that was presented to our vendor and accepted subject to the property being submitted to auction at the confirmed date. This three bedroom home deserved attention due to its presentation and floor plan spaces, with outdoor living amongst the 567m2 section. It sold “under the hammer “ at $ 1,430,000.
62 Tiger Drive, Golflands was also able to confirm an auction date due to an unconditional offer that was presented to our vendor and accepted subject to the property being submitted to auction at the confirmed date. Its close proximity to the shopping and services around the Botany Town Centre, floor plan of three bedrooms, living opening out to patio outdoor living attracted 23 bids to achieve its sale “under the hammer “ at $1,105,000.
So , despite the interruptions of Lockdown, extremely pleasing, positive , competitive bidding, for these properties sold under the hammer . However, it needs to be acknowledged that the sales provided buyers with an opportunity to buy quality real estate assets knowing that while having to competitively bid/ buy to be the “winner” they were bidding/buying property that was also the first choice for a number of other buyers.
It has been quite apparent that both vendors and buyers have made transaction decisions to best suit their current requirements, not needing more time to secure their future, after all, life does not wait for any of us.
The excellent prices achieved confirmed our ability to maximise price for our vendors, however, to achieve such results , buyer interest, working with our mortgage broker partners , bidding registrations and actual competitive bidding are the components to achieving great results. This was all completed despite all the continued challenges of our Level 3 Lockdown.
Auction Services Manager