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Auckland boat house sells for record €1 1m but New Zealand property market looks shaky

Rising interest rates have pushed prices into reverse, but there are still signs of exuberance in the market

New zealandNew zealand generalPaul sissonsKnight frankJen bairdCentral bankReal estate institute of new zealand reinzZealand sotheby international realtyOxford economicsReal estate instituteNew zealand sothebyInternational realtyZealand sothebyInterest rates

Tiny boat shed without bedroom, bathroom sells for record $1 25M

In the New Zealand city of Auckland, a pocket-size property that lacks either bedroom or bathroom has commanded an over $1 million sum.

New zealandHobson bayNew zealand generalZealand sothebyPaul sissonsInternational realtyZealand sotheby international realtyNew zealand sothebyReal estate

This Luxury Boat Shed Just Sold For $1 25 Million — Even Though It Has No Bathroom Or Bedroom See Inside

Would you spend $1.25 million on a property you can't even sleep in?

New zealandPaul sissonsZealand sotheby international realtyWhakatakataka bayNew zealand sothebyInternational realty

Luxury Boat Shed With No Bathroom, Bedroom Sold for $1 25M; See Photos

This tiny boat shed in New Zealand has buckets of old-style charm and a view to die for, making it highly prized despite it missing some key features.

New zealandDavid lomasPaul sissonsZealand sotheby international realtyWhakatakataka bayNew zealand sothebyInternational realty

Rare Auckland boatshed fetches record $2,050,000 price at auction

Rare Auckland boatshed fetches record $2,050,000 price at auction
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