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Auckland, Grey Lynn home sells for $755,000 profit in seven months


Auckland, Grey Lynn home sells for $755,000 profit in seven months
13 Mar, 2021 04:00 PM
4 minutes to read
This Grey Lynn house resold earlier this week for a profit of about $100,000 a month higher than its previous sale in August. Photo / Supplied
Ben Leahy is a reporter for the New Zealand HeraldBen.Leahy@nzherald.co.nz
An Auckland villa bought last August has just been resold for a $755,000 resale jump - netting its owners more than $100,000 in capital gains per month.
The three-bedroom Grey Lynn home at 3 Schofield St sold at auction for $2.55 million on Wednesday as house prices continued to skyrocket.
The owners earlier paid $1.825m for the villa in August, with marketing photos from the time appearing to show little had been done to improve the property leading up to its incredible resale profit. ....

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Aotea: New Zealand's 'other' island


Aotea: New Zealand s other island
8 minutes to read
By: Scarlett Cvitanovich
Lack of electricity and cell-phone reception should be no barrier to planning a trip to Auckland s off-grid island, writes Scarlett Cvitanovich
Half an hour - that s all it takes to be whisked away from the fast pace of Auckland to the sanctuary of Great Barrier Island. People told me the Island had an off the grid lifestyle that s truly unique (houses generate their own power, so no hairdryers, but charging your phone is fine). But, it s not until you step off the plane, that you begin to really appreciate what a treat you re in for. ....

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