A run-down villa in one of Auckland's most desirable suburbs has sold for more than $1.5 million.
The five-bedroom house at 20 Douglas Road, in Mount Eden, attracted a "sensational" amount interest from buyers since coming to market.
The listing agents, Rick Mozessohn and Channelle Yu, from Ray White, told OneRoof: “We had 27 offers in nine days - it's crazy."
The offers are all the more remarkable as the 100-year-old house is in a heritage zone, which precludes any development of the 694sqm section it sits on.
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Mozessohn said: “There are Kiwis who love renovations and a rundown property in a good location really attracts that demographic,” he says.
“About 90 percent of the buyers who came to the open homes were Kiwi families who had already sold and were ready to move here, restore the house, put a pool at the back and settle in for the next 30 years.”
He said the buyer interest in 20 Douglas Road showed there was confidence in the market post lockdown.
The sale comes just days after another 100-year-old do-up villa went for $1.14 million, in the nearby suburb of Kingsland.
10 Buchanan Street, in Kingsland, Auckland, was advertised as needing some serious care and attention. Photo / Supplied
The house at 10 Buchanan Street was bought by a young couple who lived on the same street and who saw the property as the perfect fixer-upper.
Ray White agent Tim Hawes, who made the sale, said: “The interest we had on this property was almost unbelievable.
"In the first 10 days of being listed we had over 10,000 views online - double the amount we'd usually see during a normal sales campaign."
