Rotorua apartment fetches more than Auckland average, selling for over $1M

  • Is Rotorua the next Queenstown?

The Professionals McDowell Real Estate co-owner Steve Lovegrove thinks so, having just sold a three-bedroom city apartment for more than $1 million. It’s one of at least eight properties to change hands in the city in the past six months for $1 million or more.

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The apartment while unassuming from the outside, sparked interest from a number of buyers before the auction. Photo/Ben Fraser