SHARE
Joint callers: Auctioneers George Yeoman, left, and Conor Patton

By PHILIP CHANDLER

Arguably Queenstown’s biggest single auction was conducted by Bayleys last Friday.

Twenty of 31 properties sold under the hammer, on top of 10 pre-auction sales.

The all-up sales volume was $46,989,000 while, at the auction itself, 479 bids were placed and there were 1438 viewers.

In a rarity anywhere, two Christchurch-based Bayleys auctioneers, hotshots Conor Paton and George Yeoman, swung the gavel.

Interesting sales included $5,520,000 for a Glenda Drive industrial property, which exceeded vendor expectations, $1,650,000 for a home-and-income in Hanley’s Farm and $1,663,000 for a ‘‘cabinesque’’ home on a property in Arrowtown’s Nairn Street, which attracted 54 bids.

By Monday this week, two of the passed-in properties had also sold.

Bayleys Queenstown managing direct or David Gubb says the auction showed there’s still a lot of interest in local property, ‘‘and there’s still very strong demand around the entry level in Lake Hayes Estate, Shotover Country and Hanley’s Farm’’.

scoop@scene.co.nz