Luxury real estate vendor Sotheby’s notches up record year

  • Luxury real estate agency New Zealand Sotheby’s International Realty (NZSIR) has had a record-breaking year with sale volumes up 65 per cent year-on-year.

Increasing interest in luxury properties from overseas buyers, particularly those from the US, had driven sales, managing director Mark Harris said.

The realtor recently sold a 880 sq m seven-bedroom Waitakere abode, 104 Kauri Point Rd, for $9.5 million, according to estimated valuations from Homes.co.nz.

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Waiheke Island property, 134 Cowes Bay Rd, sold for just under $7 million. Photo / Supplied