Property

Multi-million price tags on Cheltenham properties

Two Cheltenham waterfront houses have fetched $6.7 million but a $26 million beachfront estate on Waiheke Island is yet to be snapped up.

Wednesday, March 09th 2005

Brian Guy of Premium Real Estate said Aucklanders who were not previously North Shore residents had bought the Cheltenham houses.

One buyer paid $4.1 million for 10 Rata Rd and another bought 44 Cheltenham Rd for $2.6 million.

The renovated Rata Rd house has decks and a front lawn flowing on to the north-facing beach and a large section with pohutukawa.

"A big, renovated bungalow on a broad beach property, it has been modernised with open-plan living, designer kitchen, two double bedrooms and office, plus two separate apartments for income or guests," agents advertised. "What makes it particularly special is resource consent for a new, two-storey home."

The Cheltenham Rd house, near McHugh's of Cheltenham restaurant, was built in 1933 and stands on a 1025sq m section. The agents advertised it as ready for restoration.

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Heartland Bank - Online 6.69
SBS FirstHome Combo 6.74
Wairarapa Building Society 6.95
Unity 6.99
Co-operative Bank - First Home Special 7.04
ICBC 7.05
China Construction Bank 7.09
BNZ - Classic 7.24
ASB Bank 7.24
ANZ Special 7.24
TSB Special 7.24
Unity First Home Buyer special 6.45
Heartland Bank - Online 6.45
China Construction Bank 6.75
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ICBC 6.75
ANZ Special 6.79
ASB Bank 6.79
AIA - Go Home Loans 6.79
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BNZ - Classic 6.79
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Westpac Special 6.39
China Construction Bank 6.40
ICBC 6.49
SBS Bank Special 6.55
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BNZ - Classic 6.55
Co-operative Bank - Owner Occ 6.55
ASB Bank 6.55
AIA - Go Home Loans 6.55
TSB Special 6.59
Kainga Ora 6.99
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ANZ Blueprint to Build 7.39
Credit Union Auckland 7.70
ICBC 7.85
Heartland Bank - Online 7.99
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