Humble cottage sells for $1.7 million

  • A humble 80sq m cottage has sold for $1.72 million – more than $700,000 over its current council valuation.

The two-bedroom waterfront home in Mangere Bridge, Auckland, sold at a heated auction attended by 200 people and is seen as further evidence of a once-affordable suburb becoming increasingly out of reach.

READ MORE VIA NZHERALD

HUM

The house sold for $700k over CV. Photo / Jason Oxenham

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