'That's the one I really wanted': Buyer stuck overseas snaps up historic boatshed for nearly $1m
A historic boatshed on Auckland’s Ngapipi Road has sold for $985,000 to an overseas buyer who fulfilled a childhood dream. The sale occurred quickly, bypassing a scheduled auction, as the buyer sought to secure the property for boat storage.
Why it matters
The high sale price reflects the premium value placed on historic coastal real estate in New Zealand's competitive property market.
Share twitter Share linkedin Share link The boatshed on Auckland’s iconic Ngapipi Road, on Whakatakataka Bay, sold in just over two weeks for $985,000. Photo / Supplied One of Auckland’s historic Ngapipi Road boatsheds has fetched close to $1 million after just over two weeks on the market.
A keen buyer jumped the gun ahead of this week's planned auction, paying $925,000 for the working shed, New Zealand Sotheby’s International Realty listing agent Paul Sissons told OneRoof.
“It’s a really good price; the owner was very, very happy,” he said.
Built in the 1940s, No.8 is one of 17 sheds in the much-photographed strip on the edge of Whakatakataka Bay. It is the fourth Sissons has sold, and one of just two believed to remain in original condition.
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