Property market

Press, 27 February 1984, Page 14

Property market

The Burnwall coal yard at 314 Waterloo Road in Islington, was sold at auction on February 4 for $45,000, which was $5OOO above the 1982 Government Valuation.

The property, zoned commercial, has two frontages and comprises 2021 sq m. Buildings include a showroom, workroom and. a number of sheds. The vendor offered half the purchase price at 11 per cent for two years. Mr Neil Neumann of Neumann Real Estate was the auctioneer.

The auction of an eight hectares farmlet at Weedons was cancelled on February 9 when it failed to attract a bid.

The property, including a modern, four-bedroom home in permanent materials, has a GV (1982) of $150,000. Among the outbuildings are; a woolshed, haybarn, workshop with pit, shearing shed and stock yards. Mr Hugh Morrison of Dalgety Crown, said that a private sale was being negotiated. A two-bedroom home in permanent materials at 23 Ravenna Street in Avonhead was passed in at auction on February 15 for $45,000. The property, with an 817 sq m section, has a GV (1980) of $26,000. A single garage is included.

The auctioneer was Mr M. H. McCrostie of N. H. McCrostie and Company. Marley Hill — a large period home on 25ha of land, near the Sign of the Kiwi in Cashmere — was passed in at auction on February 16 for $310,000, which was $5OOO short of the asking price. The property includes an entrance foyer, two enclosed sun verandas, a formal dining room, sitting room, breakfast room, chapel/library and four bathrooms. It also has an asphalt tennis court and swimming’ pool. The auctioneer, Mr C. D. Smith of George Anderson, Smiths City Market, said that a private sale was being negotiated with two parties; one a group of people, the other an individual.

He described the ftV, which is $105,000, as ‘'ffistoric.”

A two-storey restored villa at 60 Hewitts Road in Merivale was passed in at auction on February 16 for $140,000.

The property, in two separate titles, has a GV (1979) of $48,000 and the house, three bedroomed, has a large games room upstairs.

The auctioneer, Mr Peter Rookes of St Albans Real Estate, said that about 14 people attended the auction and that a private sale was being negotiatted. A two bedroom villa on a 1012 sq m section at 15 Harrow Street in Linwood was sold at auction on February 17 for $31,000. The property, including a single garage, sleepout, glasshouse and garden sheds, has a GV (1979) of $19,000. The house, newlypainted, has separate dining and living rooms. Mr Tim Templeton of Matson and Allan was the auctioneer. A 4.3 ha Yaldhurst farmlet was passed in at auction on February 17 for $170,000. The property comprises a four bedroom split-level home in concrete block and has a GV (1982) of $150,000. Outbuildings include a twobay haybarn, lock-up feedshed and sleepout.

The land is divided into six paddocks and has a small irrigation system.

The auctioneer, Mr G. Woodley, of Pyne, Gould, Guinness, said that about 12 people attended tha auction.

A small, two bedroom home with roughcast walls and iron roof at Diamond Harbour was passed in at auction on February 18 for $35,000 but has since been sold.

The property, including sun room, garage, tool shed and 845 sq m section, has a GV (1982) of $35,000.

It was auctioned by Mr M. H. McCrostie of N. H. McCrostie and Company.

A two bedroom home of permanent materials at 28 Cranmer Square was sold at auction on February 23 for $27,500.

The property, including a 797 sq m section, has a GV (1979) of $26,000.

It was auctioned by Mr M. H. McCrostie of N. H. McCrostie and Company. An elegant three bedroom home at 24 Garden Road in

Fendalton was passed in at auction on February 22 for $lBO,OOO. A private sale is now being negotiated. The asking price is $195,000.

The house, with sunroom and two separate garages, is on a 1292 sq m section and has a GV (1981) of $68,000. It was built in permanent materials by Mr J. Paynter of Paynter and Hamilton hs his family home. Mr Stephen Collins of Collins Real Estate was the auctioneer.