Archive | Mt Eden

Botanica terrace sells

Published 9 September 2018
A terrace unit in the new Botanica development in Mt Eden was sold at Bayleys’ auction on Wednesday. A Schnapper Rock townhouse was passed in.

Isthmus west

Mt Eden

Botanica, 30A Enfield St, unit G10:
Features: new 2-level terrace unit in 15-unit development by McDougall Reidy & Co Ltd, 2 bedrooms, 2 bathrooms, private courtyard, parking space
Outcome: sold for $950,000
Agents: Julie Quinton & Jo Darbyshire

North-east

Schnapper Rock

The Oaks, 40 Scarlet Oak Drive, unit 19:
Features: refurbished 3-bedroom townhouse, 2 bathrooms, deck, double garage
Outgoings: rates $/year including gst; body corp levy $/year
Income assessment: $/week
Outcome: passed in
Agents: Jeff Wagg, Mike Hotchin & Adrienne Dallimore

Attribution: Agency release.

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Intensifying urban face could support Dominion Rd project revisit

Published 31 August 2018
One of the principles of New Zealand planning law is that you don’t make conditions worse for others.

A proposal by Auckland Council urban development arm Panuku to redevelop the corner of Dominion Rd & Valley Rd in Mt Eden would dominate neighbours and put them in the shade, according to the decision by council-appointed planning commissioners to reject the proposal.

One part of the argument supporting the Panuku scheme was that more new development would follow, under the more intensification-oriented Auckland unitary plan.

But hearing chair Janine Bell wrote in the panel’s decision document that the commissioners couldn’t take account of other future developments which might not proceed. The permitted baseline for the panel to consider, therefore, was what is, not what might be.

That’s the same approach as commissioners took in July in declining a retirement village development in St Johns. Summerset Group Holdings Ltd proposed 7 buildings ranging up to 7 storeys high, and 8 storeys at part of one building, but the hearing chair Mark Farnsworth said in the decision to reject it: “The height, bulk, form & appearance of the proposal are not appropriate for the site and the potential adverse effects of the proposal do not do sufficiently balance its benefits…. The interface of the zoning of the site with the zoning of surrounding properties imposes development constraints & anticipated outcomes that will not be achieved to an acceptable extent.”

Mr Farnsworth recognised, as Ms Bell has done, that things might change. In the eastern suburbs, Mr Farnsworth noted a submission that neighbourhoods would change as development raised height levels, typically up to 3 storeys at first, including detached dwellings, terraced housing & low-rise apartments.

The same is likely to occur along Dominion Rd, assuming it becomes a light rail route from downtown Auckland to the airport. It’s not hard to see a dramatic revision of the landscape if Eden Park is replaced as a sporting venue and housing or a mixed neighbourhood is developed there. In that event – occasionally contemplated, not in any immediate plans but likely to be raised more frequently – the present lowrise suburban streetscape from Sandringham Rd at Kingsland across to Dominion Rd would quickly be intensified – and the argument over this Valley Rd corner would be ended.

Proposal “not without merit”

In the decision on the Panuku application, Ms Bell wrote: “In our view, the proposal was not without merit, as we can see the positive benefits that residential intensification would offer to this part of the inner city. As set out in our preceding discussion, it was the scale, bulk & intensity of the proposed development within this part of the business local centre zone that we find is not in keeping with the planning outcomes identified in the unitary plan for the surrounding environment, in particular the special character values of the Eden Valley area and the reduced height limit imposed by the height variation control.”

Panuku proposed the construction of a multi-level mixed use development on the 8 adjoining sites at 198-202, 214-222 Dominion Rd & 113-117 Valley Rd, Mt Eden. This would involve demolition of all existing buildings, including 2 character-supporting buildings, and development that would result in 102 apartments & 9 shops.

A new approach is not out of the question, indicated by a comment from Ms Bell in the decision: “Redevelopment of the site, with mixed use development, is both anticipated & supported. This position was confirmed by all experts & submitters. We agree. However, we consider that site redevelopment in this location – being a local centre zone where both a special character area overlay and a height variation control apply – is required to take account & provide for a wider project scope than simply ‘high intensity/urban intensification’.

“While we find that the proposal addresses these project parameters to a large degree, there remain elements of the design that result in a built form that is not compatible with the intent & purpose of the special character area values.”

For a new development approach in the near future, it would have to take account of some specific concerns raised by the hearing panel:

  • Building A exceeds the 13m maximum total height standard on its eastern elevation by about 5m, and is about 17.5m from its eastern boundary
  • Building C exceeds the 13m height standard by 7.5m, and is about 10.5m from its northern boundary
  • The height infringement associated with Building D is less easily defined, but of a lower order than Buildings A & C, and in part complies with the terraced housing & apartment buildings zone standard of 16m for a short distance
  • This end of the building also infringes the height:boundary standard to its northern boundary by between 3.8-1.4m.

Links:
Panuku: Dominion & Valley Rds
Full hearing decision

Earlier story:
3 August 2018: Commissioners decide 7 storeys too high for retirement village in mixed housing zone so soon in life of unitary plan

Attribution: Panel decision.

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JLL sells 5 buildings in east, west & on Shore

JLL agents have sold a vacant 3-storey Parnell building, 2 buildings on the west of the isthmus in Lynfield & Mt Eden and a unit in Vinegar Lane, and a multi-tenanted Browns Bay building on the Shore (pictured).

Isthmus east

Parnell

24 York Street:
Features: 599m² 3-level standalone building zoned business mixed use
Outcome: sold with vacant possession for $4.1 million + gst
Agents: Jason Armstrong & Ian Hall

Isthmus west

Grey Lynn

25 Pollen St, corner Crummer Rd:
Features: vacant 80m² retail or office unit, 46m² exclusive courtyard in Vinegar Lane development
Outcome: sold for $1.175 million + gst
Agent: Alex Wefers

Lynfield

210 White Swan Rd:
Features: 1011m² site, 330m² building, childcare centre licensed for 54 children, 13 parking spaces
Rent: $121,000/year net + gst
Outcome: sold for $2.325 million + gst at a 5.2% yield
Agents: Kevin Reardon & Alex Wefers

Mt Eden

101 Mt Eden Rd:
Features: 1812m² investment & development site, multi-tenanted building
Outcome: sold for $5.6 million + gst at a 2.7% yield
Agents: Tommy Zhang & Kevin Reardon

North-east

Browns Bay

41 Bute Road:
Features: 2093m² site, 1044m² net lettable area, 2-level multi-tenanted building in 7 titles, 6 ground-floor retail tenants + Lollipops childcare centre upstairs licensed for 75 children, 31 parking spaces
Outcome: sold for $6.9 million + gst at a 6% yield
Agents: Ian Hall & John Binning

Attribution: Company release.

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Edge-of-town block & 3 suburban units among auction sales

A block of land on the edge of Wellsford (pictured) was among properties sold at Bayleys auctions around the Auckland region last week.

The list of 8 properties below includes another 5 sales – a vacant shop in Avondale, 3 suburban units & a new house at Hobsonville Point.

Land & commercial

Isthmus west

Avondale

2020 Great North Rd:
Features: 83m² site, 77m² takeaway shop
Outcome: passed in, sold post-auction with vacant possession for $470,000
Agents: Shane Snijder & James Were

North-east

Wellsford

Monowai St:
Features: 14.5ha grazing property in 3 titles – 8500m² residential, 5500m² future urban (in the 2023-27 period), 13ha of countryside living, inside the town boundary & facing north, connected to town water supply
Outcome: sold for $1.13 million
Agent: John Barnett

Residential

Isthmus east

Ellerslie

4 Ramsgate St, unit 5:
Features: refurbished 2-bedroom unit, internal-access garage
Outcome: sold for $845,000
Agents: John Procter & Alan Elliott

One Tree Hill

72 Paihia Rd, unit 4:
Features: 2-bedroom unit, carport
Outcome: sold prior for $683,000
Agents: Masoud Solati & David Storer

Isthmus west

Mt Eden

433 Dominion Rd, unit 505:
Features: one-bedroom top-floor apartment, secure basement parking space
Outcome: withdrawn from auction
Agents: Trent & Julie Quinton & Jon Fisher

Pt Chevalier

26 Carrington Rd, unit 5:
Features: cross-lease, 2 bedrooms, carport
Outcome: passed in, back on market at $750,000
Agent: Gay Kelly

North-west

Hobsonville Point

6 Hastings St:
Features: corner 4-bedroom house in the Sunderland precinct, 2 living rooms, 2 bathrooms, double internal-access garage
Outcome: sold for $1.58 million
Agent: Joan Barton

South

Howick

46 Moore St, unit 3:
Features: 90m², 2-bedroom unit, garage
Outcome: sold for $615,000
Agent: Hamish McKay

Attribution: Agency release.

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4 inner-western isthmus commercial sales

Bayleys agents have sold 4 mostly commercial properties through the inner-western isthmus suburbs of Eden Terrace, Freemans Bay (pictured), Kingsland & Mt Eden.

Isthmus west

Eden Terrace

19 Virginia Avenue East:
Features: 325m² site zoned mixed use with 21m height overlay, 337m² standalone warehouse & office building
Outcome: sold with vacant possession for $1.35 million
Agents: Andrew Wallace & Cameron Melhuish

Freemans Bay

87 College Hill:
Features: 312m² site zoned mixed use, 244m² partly leased building comprising 2 self-contained tenancies – 113m² of streetfront office space, where tenant has exercised the first of 2 2-year rights of renewal; and vacant rear 131m² 3-bedroom apartment or workspace with a courtyard, one stacked parking space, garage & storage unit
Rent: $48,250/year net + gst from office tenancy
Outcome: sold for $2.025 million
Agents: James Were & Scott Kirk

Kingsland

2 Kingsland Terrace:
Features: 941m² site zoned mixed use, bordering Nixon Park, 1297m² warehouse & office building, 13 parking spaces
Rent: $169,533/year net + gst from multiple, mostly monthly tenancies; estimated potential net income following refurbishment of $260-300,000/year net + gst
Outcome: sold for $3.47 million
Agents: James Were & Scott Kirk

Mt Eden

19 Edwin St, unit 7B:
Features: 226m² level 1 office unit in north-facing corner position, 5 parking spaces
Outcome: sold with vacant possession for $875,000
Agents: Jean-Paul Smit & Phil Haydock

Attribution: Agency release.

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Updated: Light industrial building sells, 2 redevelopment propositions passed in, Dominion Rd house sold post

Published 15 March 2018, updated 10 July 2018:
Update: 4 months after this March auction, a Dominion Rd, Mt Eden, house used as an office has been sold.

A light industrial property in New Lynn was sold under the hammer at Colliers’ auction on 14 March, but 2 inner suburban properties marked for redevelopment were passed in.

Isthmus east

Epsom

218 Great South Rd:
Features: 1287m² irregularly shaped section, 2-storey villa, tenanted by Auckland District Health Board for 15 years, now vacant
Outcome: passed in
Agents: Simon Child & Gareth Fraser

Isthmus west

Mt Eden

Updated: 176 Dominion Rd:
Features: 568m² section, 133m² house + 67m² rear shed, office & garage, 4 parking spaces
Outcome: passed in at auction, marketed subsequently with $1.5 million asking price, sold in July for $1.443 million + gst
Agents: Jonathan Lynch, Gawan Bakshi & Ned Gow

North-west

New Lynn

11 Stock St:
Features: 1634m² site zoned light industrial, 1072m² net lettable area – warehouse 798m², offices & amenities 274m², originally in 3 separate tenancies, currently in 2 separate areas
Rent: $102,000/year + gst from monthly tenancy
Outcome: sold for $2.205 million
Agents: Dhiru Patel & Dwayne Warby

Attribution: Auction documents.

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3 sold in focus on cross-leases

7 of the 11 homes auctioned at Barfoot & Thompson’s city office yesterday afternoon were cross-leases, and 3 sold.

Also up for auction were a townhouse not on a cross-lease, an apartment & 2 standalone houses, all passed in.

A Newmarket apartment auctioned in the morning didn’t attract a bid.

The brick-&-tile sausage block is the standard from the past and they’re generally holding buyer interest, though the one in the photo above, in Mt Albert, didn’t attract a bid. Recent indications from the auctionrooms are that owners of suburban units & cross-leased homes, having gone to market, are resisting price reductions.

Isthmus east

Greenlane

93 Wheturangi Rd, unit 2:
Features: cross-lease, 1/5 share in 1942m², 2-bedroom unit, study, conservatory, garage
Outcome: sold for $1.057 million
Agents: Wendy Sadd & Helen Lam

Mt Wellington

36 Panama Rd, unit 1:
Features: cross-lease, ¼ share in 1232m², 2-bedroom unit, garage
Outcome: no bid
Agent: Paula Boontueng

Newmarket

Queen’s Lodge, 176 Broadway, unit C308:
Features: 64m², 2-bedroom apartment, 2 ensuites, secure covered parking space
Outgoings: body corp levy $2144/year for unit, $415/year for parking
Income assessment: $650-680/week
Outcome: no bid, back on market at $658,000
Agents: Selina Zheng & Tommy Zhang

Onehunga

49 Namata Rd, unit 2:
Features: cross-lease, 1/3 share in 895m², 2-bedroom unit – double-glazed, insulated, rewired; carport
Outcome: sold for $750,000
Agent: Kelly Fan

Remuera

17A Armadale Rd:
Features: cross-lease, 1/3 share in 858m², 3 bedrooms, 2 bathrooms, carport
Outcome: passed in at $1,281,500
Agents: Wayne Guo & Coco Wang

Isthmus west

Mt Albert

8 Counsel Terrace, unit 3:
Features: cross-lease, 1/6 share in 1315m², one-bedroom unit
Outcome: no bid, back on the market at $610,000
Agents: Wayne Guo & Zoe Zhang

Mt Eden

145 Mt Eden Rd, unit 10:
Features: 2-bedroom apartment, parking space
Outgoings: body corp levy $4343/year
Outcome: passed in at $820,000
Agent: Mozhgan Bahrami

573C Mt Eden Rd:
Features: 209m², 4-bedroom townhouse, 3 bathrooms, double garage
Outcome: passed in at $1.55 million
Agents: Ricky Fan & Joyce Gu

Mt Roskill

98 Melrose Rd, unit 4:
Features: cross-lease, ¼ share in 1378m², 75m² 2-bedroom unit, parking space
Outcome: passed in at $560,000
Agents: Michael Zhang & Debbie-Lee Wallace

North-west

New Lynn

1 Riverview Rd, unit 1:
Features: cross-lease, half share in 1042m², 180m² 3-bedroom unit, 2 bathrooms, double garage
Outcome: sold for $907,500 at auction brought forward
Agents: Anna Lechtchinski & Alex Wu

Attribution: Auction.

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Tamaki Drive pad among 7 apartment & unit sales

A waterfront apartment in The Sands on Tamaki Drive (pictured) was sold at Barfoot & Thompson’s city branch auction this week, one of 3 apartments & suburban units sold out of 7 offered.

An apartment in the brand-new Victoria Residences, across the street from the SkyCity casino & hotels, was passed in with the bidding at $13,420/m² internal space.

When Conrad Properties Group Ltd launched the development at the beginning of 2015, prices equated to a range of $11,700-16,200/m². Conrad bought the 522m² site of the former Palace Hotel for $7 million in 2014 from the Chow brothers, who’d intended to develop a highrise brothel there.

An Epsom block of 3 2-bedroom units was passed in when offered in one lot, and each of the units was also passed in when offered separately.

CBD

Victoria St

Victoria Residences, 75 Victoria St West, unit 807:
Features: 50m² + 5m² balcony, one bedroom + flexi-room
Outgoings: body corp levy $3197/year
Outcome: passed in at $671,000, at $13,420/m² internal
Agents: Selina Zheng & Tommy Zhang
Earlier story:
26 January 2015: Victoria Residences & St James Suites set new price points

Isthmus east

Epsom

30B Buckley Rd, units 1, 2 & 3:
Features: block of 3 2-bedroom units, each with fully lined garage
Outcome: passed in as a single lot & when offered individually
Agents: Sara-Jayne Kingston & Dermot Kelly

Kohimarama

The Sands, 277 Tamaki Drive, unit 6:
Features: 3-bedroom apartment, 2 bathrooms, terrace, 2 parking spaces
Outcome: sold for $2 million
Agent: Karin Cooper

Isthmus west

Freemans Bay

2 Gunson St, unit 5:
Features: 1/6 share in 258m², unit 167m², 3 bedrooms, 3 bathrooms, study, upper deck, courtyard
Outcome: no bid
Agents: Carl & Roseanne Madsen

Hillsborough

291A Hillsborough Rd, unit 1:
Features: 2-level unit, 3 bedrooms, garage
Outcome: no bid, back on market at $679,000
Agents: Kam & Yogesh Dahya

Mt Eden

39 Bellevue Rd, unit 10:
Features: one-bedroom unit, carport
Outcome: sold for $525,000
Agents: Kim & Bruce Rule

Sandringham

Grove Court, 3 Grove Rd, unit 2:
Features: cross-lease, 1/5 share in 771m², 2-level 2-bedroom unit, parking space
Outcome: sold for $610,000
Agents: Paul Donovan & Sharon Walls

Attribution: Auctions.

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Distinctive Endymion & North apartments ignored as 4 other units sell

2 cross-leases & 2 suburban units were sold at Barfoot & Thompson’s residential auction at its city office yesterday, out of 10 intensive residential properties on offer. A terrace at Flat Bush was sold at pre-auction today.

Among the 6 passed in today, 2 of the more distinctive offerings attracted no bid – an apartment in the 60-year-old Endymion in Remuera and another in the brand-new North apartments on the Great North Rd ridge in Grey Lynn, which was taken to auction by developer David Southcombe.

Isthmus east

Epsom      

10 Empire Rd, flat 2:
Features: cross-lease, half share in 826m², 3-bedroom unit, 2 bathrooms, internal-access garage
Outcome: sold for $1.65 million
Agent: Sylvia Lu

Remuera

The Endymion on Remuera Rd.

Endymion, 90 Remuera Rd, unit 1:
Features: cross-lease, 1/24 share in 2139m², 87m² one-bedroom ground-floor apartment, sunroom, carport
Outcome: no bid
Agents: Maree Currie & Paul Robertson

Isthmus west

Grey Lynn

1A Dryden St, unit 5:
Features: one-bedroom unit, 40m² roof terrace, parking space
Outgoings: body corp levy $4534/year
Outcome: no bid
Agent: Susie Calderwood

North Apartments, 1 Turakina St, unit 1:
Features: new 2-level 3-bedroom apartment, 2 bathrooms, terrace, 2 secure basement parking spaces, storage locker
Outgoings: body corp levy $6548/year
Outcome: no bid
Agents: Ryan Harding & Louise Stringer

35 Turakina St, unit 9:
Features: 78m², 2-bedroom unit, deck, parking space
Outgoings: body corp levy $2927/year
Outcome: sold for $645,000
Agent: Felicity Scott

Mt Eden

6 Fairview Rd, flat 6:
Features: cross-lease, 1/6 share in 1006m², 97m² 2-bedroom unit, balcony, parking space
Outcome: sold for $790,000
Agents: Derek Helliwell & Cathy Giles

53 Grange Rd, unit 7:
Features: one-bedroom ground-floor unit in need of renovation
Outcome: sold for $575,000
Agents: Ketiesha Elliott & Frank Excell

705 Mt Eden Rd:
Features: cross-leased townhouse, 1/3 share in 907m², 4 bedrooms, 2 bathrooms, garage
Outcome: passed in at $1.1 million
Agents: George Fong & Amy Xiong

North-east

Torbay

21B Carlisle Rd:
Features: cross-lease, half share in 1012m², 3-bedroom house, internal-access garage
Outcome: passed in at $905,000
Agent: Susie Calderwood

North-west

Hobsonville

1 Settlers Avenue:
Features: 136m² section, 2-storey corner 4-bedroom terrace on own title, 2 bathrooms, garage
Outcome: passed in at $850,000
Agents: Emily Huang & Jonathan White

South

Flat Bush

The terrace at 56 Norwood Drive, Flat Bush (outlined).

56 Norwood Drive:
Features: 59m² section footprint, about 128m² on 4 levels including stairs & garage, 3-bedroom terrace, 2 bathrooms, high stud ceiling up to 4.4m, tandem parking in internal-access garage, still under 10-year master builder warranty
Outcome: sold at pre-auction for $750,000
Agents: Michelle Wang & Seth Dong

Attribution: Auctions.

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Quiet times at 3 auction sessions – but one sale close to $15,000/m²

The generally quiet time in residential auctionrooms was emphasised in 3 sessions at Barfoot & Thompson’s city office on Wednesday & Thursday.

Those performances answer the question I’m asked most these days:

The everything question: What’s happening in the market? At auctions, bidders have become a rare species, which puts pressure on vendors. Even where there are bidders, there’s a common reluctance to offer anything near yesterday’s reserve.

Chinese buyers (local or visiting) have been notable for their absence for over a year, courtesy of restrictions in China and now here.

On Wednesday I watched a mate bid on the last property listed for the day. He & his wife were the only potential customers left in the room. After some nudging, they lifted their offer a little, but not enough to excite the auctioneer and nowhere near the vendor’s expectation.

A small unit well up the new Conrad tower on the corner of Albert & Swanson Sts, Park Residences, achieved a sale price close to $15,000/m² ($14,885), which is in the realm of pricing for new product in the central city.

The pricing of new product over the last 3 years or so had also lifted values for secondary stock, but I see secondary prices dropping back under $10,000/m² unless the apartment is distinctive, and below $8000/m² for older units.

On Thursday, the auction of the one property scheduled for Barfoot’s apartments & commercial morning session, a unit on Princes Wharf, was deferred a fortnight.

In the afternoon session, an Onehunga house was sold and the other 9 homes listed were passed in, 6 of them without a bid placed. The afternoon offering included a Remuera cross-lease, a Stonefields terrace and an Ascent penthouse on Nelson St (details of them below).

Wednesday afternoon was a more productive session for the auctioneer – 5 sales under the hammer, another sold shortly after and one sold prior out of 20 homes listed. From that session, you can check details below of 10 apartments, suburban units & cross-leases.

The properties are listed below geographically, not according to auction session.

Barfoot’s also issued its residential market calculations for April today. You can click through to that at the foot of this item.

The auctions:

CBD

Albert St

Park Residences, 35 Albert St, unit 1602:
Features: 35m², studio + study, 5m² balcony, in new Conrad development opened last month
Outgoings: body corp levy $2346/year
Outcome: sold for $521,000
Agents: Tom Jiang & Tim Lee

Federal St

The Federal, 18 Federal St, unit 2B:
Features: 51m², one-bedroom apartment, balcony
Outgoings: body corp levy $3274/year
Outcome: passed in at $418,000
Agents: John Zhang & Richard Tan

Uptown

Pembridge, 38 Symonds St, unit 16:
Features: one-bedroom apartment, parking space
Outgoings: body corp levy $3378/year
Outcome: passed in at $375,000
Agents: Jo Pickering

Victoria Quarter

Ascent, 149 Nelson St, unit 803:
Features: 2-storey penthouse, one bedroom, 2 balconies, parking space
Outgoings: body corp levy $3766/year; the unit’s $9647 defects levy last year hasn’t been paid in full; the buyer will not have to pay, and won’t benefit from any proceeds from, a $4000 litigation levy this year; a $41,300 levy has been forecast for this unit for stage 2 remediation works; a High Court claim has been lodged regarding construction defects but the vendor of this unit is not a party
Outcome: no bid
Agent: Stephen Chang

Waterfront

Princes Wharf, Shed 22, unit 1:
Features: leasehold, 63m², one bedroom on western side, balcony, parking space
Outgoings: ground rent increase capped at 3%/year or CPI, whichever is greater
Outcome: auction postponed to Thursday 17 May
Agents: Stephen Shin & David Lee

Isthmus east

Ellerslie

90F Ballarat St:
Features: cross-lease, 1/6 share in 2241m², 3-bedroom house, double internal-access garage
Outcome: passed in at $850,000
Agents: George Fong & Laura McAuley

Parnell

25 Cheshire St, unit B5:
Features: one-bedroom apartment, deck, parking space
Outcome: sold prior
Agents: Matt O’Brien & Cristina Casares

Remuera

123C Ngapuhi Rd:
Features: cross-lease, quarter share in 910m², 2-bedroom unit, courtyard, carport
Outcome: passed in at $780,000
Agent: Susan Palmer

Stonefields

136 Stonefields Avenue:
Features: 1/14 share in 964m² + 200m² fee simple, 2-storey 4-bedroom terrace, 2 bathrooms, double garage
Outcome: no bid
Agents: Wendy Sadd & Helen Lam

Isthmus west

Herne Bay

29 Hamilton Rd, unit 5:
Features: cross-lease, 1/8 share in 2086m², 2-bedroom unit, balcony, parking space
Outcome: sold for $1.3 million
Agents: Felicity Scott

Mt Albert

65 Woodward Rd, unit 1:
Features: 2-bedroom townhouse, courtyard, parking space
Outcome: withdrawn from auction
Agents: Jacqui Freeman & James Ju

Mt Eden

1A Taupata St, unit 4:
Features: cross-lease, quarter share in 1472m², 2-bedroom 1980s townhouse, courtyard, carport
Outcome: no bid, back on market at $1.195 million
Agents: Ketiesha Elliott & Frank Excell

Sandringham

30 Arabi St, unit 2:
Features: cross-lease, quarter share in 1936m², 2 bedrooms
Outcome: sold for $668,000
Agents: Bella Stefano & Sherry Shao

45 Fowlds Avenue, unit 3:
Features: 2-bedroom unit, garage
Outgoings: on strata title but no body corporate levy
Outcome: sold for $831,000
Agent: Dee Brennan

Related story today: Barfoots chief sees housing market lift approaching

Attribution: Auctions.

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