Wednesday, December 2, 2009

Mortgagee and Estate Sale Newsletter

Well we are into December already, if someone knows what happened to 2009 then please let me know!


The market in November definitely did not set the world on fire and when the stats come out you will probably see a drop from October which wasn't predicted in most quarters. Nevertheless market driven owners are getting results and in consequence there is normally a lot of interest in our Mortgagee and Estate sale list.


Sold from last newsletter is 128 Mako Mako Road, Levin, a rural property of some 7606m2 which was set up as a dog kennel complex with a two bedroom home and a R.V of $309,000. Passed in at auction on 14th October and has sold since for $260,000.


On Thursday 26th November we sold for the mortgagee 247 B Flightys Road in Pauatahanui - see our post 247B Flightys Road Sells at Auction.


New to the list is a bare section - 15 Kawau Grove, Waikanae which is an elevated 1072m2 (about 1/4 acre) site with gently sloping contour offering all day sun and Kapiti Island views. This will be auctioned on behalf of the mortgagee on Thursday 17th December 2009. For further details on this property contact Paul Workman on 0274 480 118


Also new in Palmerston North is an estate sale at 134 Cook Street a 80m2 two bedroom stucco cottage on 721m2 with single lock up garage for only $220,000. Mike Pearson of Harcourts Palmerston North can provide further details on 0274 498 112.


View our complete list of Mortgagee and Estate Sale properties here.


As always if you have any questions, don't hesitate to contact me.

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