83 St Marys Rd

PHOTO: This huge, renovated mansion at 81-85 St Marys Rd in Auckland has been sold by mortgagee tender. SUPPLIED

According to STUFF a mansion in Auckland’s St Mary’s Bay has been sold for $11.5 million in a mortgagee sale.

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When the property was first listed a year ago, it was expected to fetch $20 million, but that was before it was made a mortgagee sale.

The rateable value of the property at 83 St Marys Rd is $7.8 million.

Agent Philip Davis refused to comment on the sale, saying mortgagee sales were “sensitive”.

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However, the sale price was listed on a PDF on the Barfoot & Thompson website.

The tender deadline of November 8 passed without fanfare, but co-agent Matt O’Brien took to social media to wish his clients a fantastic holiday, posting a picture of the property with a sold sign.

This 1000sqm rebuilt mega mansion at 83 St Marys Rd includes a self-contained apartment.
WALL REAL ESTATE/SUPPLIED
This 1000sqm rebuilt mega mansion at 83 St Marys Rd includes a self-contained apartment.

The seven-bedroom, eight-bathroom mansion was shrouded in plastic sheeting for three years while it was renovated. This included the addition of a nine-metre “glass and steel box”.

The box houses the kitchen, family room and a “mezzanine party room”.

The heritage section has a reception room, the principal suite and “staff quarters”.

The front yard is completed with “manicured gardens, opulent guest accommodation” and a 15-metre pool.

Although extensively renovated, historic features of the villa remain including the original fireplace and decorative stained-glass.

It was one of the most-viewed properties on Trade Me in Auckland in 2022 with 40,000 views.

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The property was last sold in 2019 to Virginia Maxwell, along with two other properties next door.

The property at 89 St Mary Rd was purchased for $3 million, along with a consent to demolish its derelict villa.

That villa made headlines in 2018 when a family who had held for 118 years sold it for the first time. They had bought it for £400.

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Maxwell had several property investment companies listed with the Companies Office, but many have been deregistered.

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