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Home arrow Human Interest arrow Local arrow Auction fails to find buyer for top floor Tutukaka penthouse
Auction fails to find buyer for top floor Tutukaka penthouse PDF Print
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Human Interest - Local
Written by Rosemary Roberts, The Northern Advocate   
Sunday, 25 March 2012
NO BIDS: This penthouse (circled) at the Oceans Resort complex at Tutukaka did not draw any bidders when it went to auction this week.

The top-floor penthouse on the southern end of the Oceans Resort complex at Tutukaka failed to attract a single bid when it was put up for auction at Barfoot & Thompson in Whangarei this week - despite it being advertised as a "fire sale".

The owners, who want to sell so they can return to the UK, bought the property off the plans in 2005, paying $650,000. The current GV is $680,000.

Auctioneer David Roy said there had been considerable interest from Northland and Auckland residents and that if he lived there he "would feel like he was on holiday all the time".

"There should be a sea of hands," he told the audience of about 12 silent people.

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