Auctions

Located in the very heart of hip Ponsonby Central, the Sapphire Room is a striking space to buy and sell property.


Your property is unique, the way you sell it should be too.

In May 2015 we moved our auction rooms to The Sapphire Room in Ponsonby Central. The decision came from a desire to offer our vendors and purchasers a fantastic space to buy and sell property that was unique. With its high ceilings, recycled wooden floors and air of industrial chic The Sapphire Room has the feel of a cool urban loft. Alive with natural light its industrial windows showcase expansive views across the rooftops to the distant Waitakeres.

We only have one chance to represent your property and we don’t want to leave anything to chance.

Unlike many real estate companies we don’t take a ‘conveyor belt’ approach to auctions, preferring to take our time and work for an outcome that is in the best interests of our clients. Some agencies promote on site auctions as the best way to sell your property, however, we find that controlling the environment - weather, lack of parking on the street, the neighbours lawn mower, plus a lack of professional negotiating rooms means the risks are too great.

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The Sapphire Room, upstairs at Ponsonby Central.

The Sapphire Room, upstairs at Ponsonby Central.

We have been exceedingly fortunate to secure the services of Gavin Croft - one of the most respected and sought after auctioneers in the Australasian real estate industry. His devotion to his craft wins both awards and the admiration of his peers. Multiple auctioneer of the year awards and finalist honours at the Australasian auctioneering championships positions Gavin as a highly sought after auctioneer across Australia and New Zealand.  

We regularly witness Gavin achieving additional money for our sellers that we believe would not be achieved by other auctioneers. We are very proud to be able to offer this to clients who entrust us with the sale of their home.

When buying or selling property the more knowledge and experience you can gain the better prepared you will be. As well as seeking the expertise of an agent we also advise both sellers and buyers to attend a number of auctions before going through the process themselves. If you want to see Gavin in action then come along to one of our Wednesday night auctions at The Sapphire Room, Ponsonby Central, 6.30pm and also take advantage of all the wonderful restaurants and cafes located in Ponsonby Central.


Auction Standard Conditions

Auction – Standard Conditions

Standard Conditions Of Sale and Conduct of Auction as approved by the Real Estate Institute of New Zealand Incorporated and by Auckland District Law Society Incorporated.

CONDITIONS OF SALE

  • The property and the chattels included in the sale are sold on these Particulars and Conditions of Sale, the General Terms of Sale and any further Terms of Sale.
  • GST will be payable in accordance with the statement of the purchase price in the Memorandum of Contract.
  • The GST date is:
  • The settlement date is:
  • The interest rate for the late settlement is:

CONDUCT OF AUCTION

  • The property is offered for sale subject to a reserve price and, subject to the reserve price being met, the highest bidder whose bid is accepted by the auctioneer shall be the purchaser.
  • The auctioneer may nominate the sum by which the bidding can be raised.
  • The auctioneer may refuse any bid.
  • The auctioneer or the licensed real estate agent acting for the vendor in respect of the sale may submit a bid on behalf of any person. The auctioneer shall identify a person so acting before the commencement of bidding.
  • The vendor reserves the right to bid personally, by a representative, or through the auctioneer and to withdraw the property at any time before it has been sold and without declaring the reserve price.
  • If a dispute arises concerning any bid, the auctioneer will determine the dispute or re-offer the property at the last undisputed bid.
  • The purchaser shall immediately on the completion of the auction;
    • Sign the memorandum of Contract failing which the auctioneer may sign on behalf of the purchaser.
    • Pay to the vendor's licensed real estate agent the deposit being 10% of the purchase price unless otherwise agreed; and
    • Complete its GST information in Schedule 1, if applicable.

Contact Us

If you would like to know more about a property or require further information about the local market please get in touch and we will get back to you as soon as possible.

Things to know

1 February 2016

Why Auctions Work


‘What does the vendor want?' ‘What do you think its worth?' These are probably the two most frequently asked questions of real estate agents and it is unlikely to elicit a satisfying reply.

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5 February 2016

A Buyers Guide to Auctions


Buying a home at auction can be especially daunting, so follow these top tips to prepare for the big day.

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Gavin Croft


Multiple auctioneer of the year awards and finalist honours at the Australasian auctioneering championships positions Gavin as a highly sought after auctioneer across Australia and…