Auction Success Story – May

Unique lifestyle opportunity sells in our auction rooms

It’s not often that a buyer who missed out comes back after auction day to offer more money. However, that’s what happened with 61-63 Manga Pirau Street in Waikawa Beach. That’s when you know you had something special selling under the hammer!

Perfectly situated with immediate access to both the beachfront and river, this property is quintessentially kiwi. With the incredible location on offer as well as the unique configuration of the section, it was unmatched in lifestyle offerings, quality and potential. It’s the kind of place that you can’t stop thinking about.

Stunningly presented, on offer was a recently renovated two bedroom bach and an adjacent TinyHouse. With this, the vendors ran a successful hosting business on AirBnB. It’s location, views and clever design meant consistent five star reviews. The successful buyers are looking to continue this come settlement, if you’re looking to experience a slice of this magic!

Listing agents Tony and Anne McEwan knew how special this listing was. They were able to share it with 40 interested groups throughout the 24 days on the market.

The transparency of the auction process appealed to the vendors.

Knowing that their property was unlike others in the area, they were pretty sure they’d have more than one buyer. Five bidders showed the true value of this property on auction day, with no one wanting to miss out on such an opportunity.

Being in the room on auction day was a very emotional time. The vendors have spent years putting their heart and soul into their property, establishing and growing the business. As a result, they received a price that was 85% above RV. This was an incredible outcome for them.

Auction offers the bonus of having all the buyers are in one place, knowing exactly what’s on offer. Yet still, one buyer wished they had bid more on auction day after they failed to secure it.

Bought by a family, the excited new owners have years of adventures, views and stunning sunsets ahead of them.

We’re lucky to see such incredible properties come through our offices. With the hard work of the listing agents and auctioneer, we love to see it all come together and play out in our auction rooms.

Wondering what your property may be worth?

Let our real estate specialists help you find a realistic price for your home.

Leave a Comment

Your email address will not be published. Required fields are marked *