A luxury five-bedroom home on Auckland’s Takapuna beach has sold for a record amount.
The house at 7 Rarere Road, which offers some of the best views of the harbour out to Rangitoto Island, fetched at least $12.25 million – eclipsing the previous record-holder for the North Shore suburb by some $2 million.
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Premium agent Jim Mays, who brokered the deal with colleague Jelena Freeman, told OneRoof that while he was unable to disclose the exact sale price, “I can say that it went for not a cent less than CV”.
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OneRoof records show the 2017 council valuation for the property is $12.25 million.
Mays said the house was bought by a “lovely Kiwi North Shore family” who had been looking a beachfront home for some time.
“This has broken another record for a true beachfront property in Auckland,” he said.
The stylish multi-level house was designed by star architect Simon Carnachan and sits on 1,480sqm of land right on Takapuna beach. It has an entrance that opens to the sand, allowing the new owners to launch a boat or jet ski directly from the house.
The sumptuous house, designed by top architect Simon Carnachan, spread over 493 sqm had luxury finishes . Photo / Supplied
The house has multiple sitting rooms that take advantage of the beach views. Photo / Supplied
It includes a temperature controlled wine cellar with racking for 420 bottles and a full storage room for the water toys. Other features include a triple garage, an office space and an infinity pool.
Mays said that he and Freeman had a “special book” of buyers looking for luxury properties on the North Shore and up to Matakana.
“I have a number of [people] waiting for the right property. It is all done under the radar,” he said.
“I have one prepared to pay $30 million-plus, in fact $38 million, for a special property. We don’t call them every day to say ‘come look’, so they know when I ring, the time is right.”
The agents have a number of listings at price points between $3 million and $17 million.
The ground floor of the house has room for boats and jet-skis and walk-out access directly to the beach for launching. Photo / Supplied
While the Rarere Road sale is a record for this year, Mays has brokered deals for more than $20 million. At the market peak, Mays and Freeman sold a cliff-top property on Clifton Road for over $22 million and a beachfront home at O'Neills Avenue for $28.888 million.
Takapuna is one of the North Shore’s most desirable locations. According to OneRoof-Valocity figures, property values in the suburb have risen 8.5 percent since the start of the Covid-19 crisis at the end of March. Properties typically sell for around $1.3 million, but prestige waterfront homes can command many millions more.
Before the 7 Rarere Road deal, the highest settled sale price for Takapuna was $10.7 million for a beachfront home.
Bindi Norwell, chief executive of the Real Estate Institute of New Zealand, said: “In the last 12 months there have been 15 properties sold on the North Shore for more than $5 million and one residential property sold over the $10 million mark.”
In February, a luxury penthouse in the Sentinel apartment tower, in Takapuna, sold for $9 million.
The penthouse of the Sentinel apartments in downtown Takapuna sold for $9 million at the beginning of the year. Photo / Supplied
Auckland has seen a flurry of big sales in the last few months.
Last week, Ray White Epsom agent Ross Hawkins sold a luxury home in Arney Crescent, in Remuera, for more than $10 million, and Bayleys agent Gary Wallace told OneRoof that he had sold two Remuera homes for more than $10 million each in the last two weeks.
The year’s highest sale price is still the reported $23 million paid for a waterfront home in Westmere formerly owned by Kiwi film director Andrew Adamson. The deal was brokered by New Zealand Sotheby’s International Realty agent Pene Milne.
