PHOTO: MEDIAWORKS There were bold design choices in the winning apartment.
A poor result from this year’s The Block is exactly what should have been expected from the Auckland property market, one economist says.
Winners Lisa Ridout-Gordon and Christopher Gordon sold their apartment for $1.34 million, just $50,000 above the reserve price.
Others barely made a profit above the reserve at all. Stacy Heyman and Adam Middleton’s heritage apartment failed to sell at auction, passed in at $1.44m. However, it sold later in the night for $1.48m.
Ethan Ordish and Sam Whatarangi’s apartment sold for its reserve of $1.39m. Sophia and Mikaere Gardiner’s penthouse passed in at $1.455m and has since been listed for sale by negotiation by Ray White auction Ruth Hawes.
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