Two outstanding property sales in the past month have highlighted that the residential real estate market in the Ponsonby/Herne Bay/Westmere/Grey Lynn locales is still very much in a healthy and active state – with fantastic pricing levels being achieved off the back of extensive marketing campaigns.
The two Grey Lynn sales – both brokered by leading Bayleys Ponsonby salesperson Blair Haddow – showcase that for vendors employing an experienced and proven real estate salesperson, backed by a major real estate agency drawing on tried and tested processes, the opportunity for selling now can deliver excellent results at a time when others may be struggling to operate in the current market dynamics.
From a purely financial perspective, Blair Haddow’s most recent headline case-study was the sale of 20A Westmoreland Street West in Grey Lynn - a stunning warehouse style conversion featuring a main dwelling encompassing a three-bedroom/two-bathroom/two living area New York style dwelling. In addition, the property also consists of a separate three-bedroom apartment, and a two-bedroom apartment.
The property was scheduled to go to auction, but an eye-watering pre-auction offer of around $5million was presented to the vendors ahead of the bidding, and was duly accepted.
Meanwhile, from an emotional perspective, Blair recalls the background to the sale in April of 26 Farrar Street in Grey Lynn – a recently extended and remodelled north-west facing four- bedroom/two living room character home directly overlooking Grey Lynn Park, with off-street parking.
Extensive marketing of the property saw seven parties in the auction room seeking to make the highly desirable residence their new home. Five parties engaged in the open bidding process, which opened at $3million and eventually sold under the auctioneer’s hammer for $3,877,500.
For Blair Haddow of Bayleys Ponsonby, the experience was particularly heart-warming as he had been working closely with the successful purchasers for a number of months – counselling and guiding the successful couple through several other auctions where they had been outbid at the final hand-raise.
This time though, Blair was able to share their happiness over a glass of champagne after becoming the new owners.
The pair of successful property transactions rounded out another stellar year for Blair Haddow – notching up $70million in sales across his specialist suburbs of Ponsonby/Herne Bay/St Marys Bay, Freemans Bay/Westmere/Grey Lynn for the just concluded financial year, and taking his all-time career sales for vendors through Bayleys Ponsonby to $600million.
The 2022/23 sales tally once again placed Blair Haddow in Bayleys’ ‘Top Achievers’ category of salespeople nationwide – qualifying him for the agency’s five-star luxury incentive trip to California and Mexico later this year.
However, while the golden carrot of a luxury week-long trip across the Pacific looms later this year, the process of marketing vendors’ properties for sale is a never-ending circuit for Blair Haddow, demanding his immediate attention.
Replenishing Blair’s portfolio of properties on the market for sale right now are two new additions he is proudly showing to potential buyers at open homes and private viewings over the coming weeks.
The first, at 46 Cumberland Avenue in Westmere is a four-bedroom/two-bathroom north-facing transitional period bungalow. The chic single-level designer-styled residence has an incredible open plan living space, with full height bi-fold doors opening out onto the rear deck for entertaining, and further onto the landscaped tiered private lawn and garden.
And secondly coming up for auction through Blair Haddow is an executive four-bedroom/three-bathroom residence at 3A Umere Crescent in Ellerslie which is being auctioned on 17 May.
The spacious two-storey dwelling has an inground swimming pool set amongst a compact private back yard, an office and a separate study, and two-car garaging. (BLAIR HADDOW)
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