A newly renovated Waikato mansion, which is one of the region's largest homes, is still on the market after it failed to sell at auction last week.
The sprawling 1309sq m property at 103 Te Awa Rd in Tamahere, just south of Hamilton did not attract any bids during Thursday's auction.
Harcourts marketing agent Aaron Davies said the impressive property was the subject of a pre-auction offer and a negotiation after the auction but neither offers were acceptable.
The property, which has a government valuation of $3.1m, is now listed as being sold by negotiation while the agents continue talks with the interested parties.
The property has five bedrooms and bathrooms, two kitchens, four living areas plus a theatre room, library and bar, office, gym, sauna, heated indoor swimming pool, two dining rooms. It spans over three levels and sits on a 8425sq m section.