New Zealand Herald

21st January 2013

"All of last year's most expensive home sales were in Auckland, and all near the sea - with a beachfront property in Milford leading the real estate elite at $9.1 million, a tidy $1.6 million above its capital valuation.  This Milford property was one of the highest selling property's in Auckland for 2012. Photo / Richard Robinson.  The most expensive home sold last year was a $9.1 million beachfront property on the North Shore which went for $1.6 million over its valuation.  The four-bedroom house at 39 Saltburn Rd in Milford tops a list of New Zealand's 10 biggest property sales for 2012 - all of which were in Auckland.

Quotable Value records show it was purchased by Hugh Jones, a director of several Auckland companies including helicopter and plane charter business Inflite, formerly known as Helilink, which is based at Mechanics Bay.  The home was not on the market and it is understood Mr Jones approached the former owners through his real estate agent to make an offer after seeing the place. The deal was signed off in August.  The property boasts a 1844sq m section and a 442sq m home, which was built about four years ago after the previous house was removed.  It had a capital value of $7.5 million.

"It's a timeless Cape Cod design," said Andrew Dorreen, of Precision Real Estate in Takapuna...."  click above link to continue reading.

Channel Magazine Interview

"All of last year's most expensive home sales were in Auckland, and all near the sea - with a beachfront property in Milford leading the real estate elite at $9.1 million, a tidy $1.6 million above its capital valuation.  This Milford property was one of the highest selling property's in Auckland for 2012. Photo / Richard Robinson.  The most expensive home sold last year was a $9.1 million beachfront property on the North Shore which went for $1.6 million over its valuation.  The four-bedroom house at 39 Saltburn Rd in Milford tops a list of New Zealand's 10 biggest property sales for 2012 - all of which were in Auckland.

Quotable Value records show it was purchased by Hugh Jones, a director of several Auckland companies including helicopter and plane charter business Inflite, formerly known as Helilink, which is based at Mechanics Bay.  The home was not on the market and it is understood Mr Jones approached the former owners through his real estate agent to make an offer after seeing the place. The deal was signed off in August.  The property boasts a 1844sq m section and a 442sq m home, which was built about four years ago after the previous house was removed.  It had a capital value of $7.5 million.

"It's a timeless Cape Cod design," said Andrew Dorreen, of Precision Real Estate in Takapuna...."  click on above link to continue reading.