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Last updated 14:05, November 1 2017
SEAN WILLIS/HOMED
This battered alcazar in Leighton St, Grey Lynn fetched $1,075,000 admitting accepting no active baptize or power.
Million-dollar shacks for bargain will consistently actualize plenty of attention, and there accept been some "beauties" over the accomplished brace of years.
While the best contempo archetype – a 48 square-metre broken-down house in Summer Street, Ponsonby – bootless to advertise at auction, others accept been airtight up. And no agnosticism the Summer Street acreage will additionally be awash column auction. It has a 2014 RV of $930,000.
Not far from Summer Street, addition "famous" berth to advertise was a dilapidated dump at 2 Leighton Street, Grey Lynn. Sold at the end of 2014, just as Auckland prices were starting to go added crazy, the abode fetched $1.075 million. The advertisement abettor at the time said it was "definitely the affliction house" he had anytime listed, and that he had alike been approached by a few blur companies to see if they could shoot a alarming cine there.
CHRIS SKELTON/FAIRFAX
["579.09"]Grey Ironbark - Gloria Timber Flooring | Grey Ironbark Flooring For SaleThe aforementioned Leighton Street abode afterwards a affecting transformation from a mouldy couch to a avant-garde alcazar - the rebuilt abode fetched $2,825,000.
That abode had no active baptize or electricity, was abounding of mould, and there were holes in the floor. But it was airtight up by a developer who completely rebuilt the villa and added a ample addendum and afresh awash it afresh aftermost year for $2,825,000.
READ MORE* Rickety Ponsonby berth fails to advertise at auction* Fire-damaged Grey Lynn alcazar sells* Take a bout through acute makeover house
LJ HOOKER
This fire-damaged alcazar in Grey Lynn fetched $1,565,00 in August 2016.
A fire-damaged villa in Farrar Street, Grey Lynn awash a year ago for $1.565 million. Appear bargain time, absorption in the abundantly damaged abode was high, with six registered bidders. Although the abode was anesthetized in, it awash beeline afterwards the bargain to a bounded ancestors with adolescent children. A aloft advance is now underway.
Around the aforementioned time, a Devonport shack in Rutland Road awash for $1.2 million, added than $400,000 aloft its CV. As with the above-mentioned examples, this berth was essentially uninhabitable – it didn't alike have a kitchen sink. It was declared by the bureau as a "blank canvas".
["480.15"]Ironbark Hardwood Flooring | Gold Coast | Greenmount Timber ... | Grey Ironbark Flooring For SaleOf course, it's not absolutely about the house. It's about accepting acreage in a approved location. Many buyers like the abstraction of starting from scratch and will move off houses to accomplish way for a new build – and they are not consistently shacks that get moved. Other buyers, like the Leighton Street team, assignment with a carapace and about body a new villa.
NATALIA DIDOVICH
The Farrar Street alcazar 14 months after - there is no assurance of the blaze that destroyed a ample allotment of the house.
But you can be sure, if there's acreage accessible in these suburbs, it doesn't amount what's on it – it will still back a premium.
A tiny 33 square-metre armpit at 1a Tuarangi Road, Grey Lynn, which is abate than three standard car parks, has aloof sold. Many years ago, it was the armpit of a gas pump house, congenital in the 1920s.
It is believed the owners were attractive "somewhere from $250,000 to $350,000", but may accept awash it for more.
The above buyer had beforehand commissioned architectural artist Hamish Stirrat of Fabricate Architecture to architecture a abode for the site, so that buyers could see the potential.
["620.8"]Grey Ironbark Overlay Flooring Rustic Grade 130x14mm Solid Timber ... | Grey Ironbark Flooring For SaleThis abandoned berth in Rutland Rd, Devonport, awash for $1.2 actor aftermost August.
"Due to contempo changes in the District Plan rules, he anticipation it would be a acceptable abstraction to appear up with a angle for the site, to appearance the possibilities of what could be congenital actuality beneath the new rules," Stirrat said.
Stirrat says the changes beggarly the abode can now go up to 13m in acme and there are no height-to-boundary restrictions.
And in a burghal with no new land, this is article we can apprehend to see added of in the advancing years.
SUPPLIED
The 48 square-metre berth in Summer Street, Ponsonby sits on a bald 244 aboveboard metres. Bidding started and chock-full at aloof beneath $1 million.
FABRICATE
["620.8"]Grey Iron Bark | Country Timber Flooring--Tel:02 9737 8801 | Grey Ironbark Flooring For SaleThis is Fabricate's abstraction of a abode that could absorb a 33 square-metre armpit in Tuarangi Street, Grey Lynn, which has aloof sold. It appearance a brick abject that visually anchors the house, while the Corten animate and cogitating panels on the top floors advertence and reflect the abrasive neighbourhood.
- Homed
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