A decaying house in Auckland with no toilet just sold for $1

A decaying house in Auckland with no toilet just sold for $1.45 million, an indicator of how hot the New Zealand property market is getting


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"There's no need to spend money fixing someone else's mistakes or undoing their questionable taste. 39 Ariki St provides you with a blank canvas to do it once, do it right and do it your way," wrote real estate agents Matt O'Rourke and Ryan Harding on the listing.
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The agents emphasized that the home's prime location made it "the most affordable character entry to homeownership" available in the upscale suburban Grey Lynn district.
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news site Stuff, which first reported on the sale, said the auction on the three-bedroom property, which sits on a 5,000 sq. ft. lot, opened at NZ$1.7 million (around $1.19 million) and closed at NZ$2.075 million.

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