Coffey's house sells for double CV price

Tamati Coffey.

Former television presenter and Labour hopeful Tamati Coffey has sold his plush Auckland pad for more than double its valuation price.

Coffey and his partner Tim Smith sold their Herne Bay home at auction this week, with the hammer going down on a final offer of $631,000.

A listing with real estate agency Barfoot and Thompson put its CV price at $305,000.
Nine bidders fought to secure the 56sqm two-bedroom unit on Jervois Rd, real estate agent Matt O'Rourke said, a record number for a property on his books.

A bit of a bidding war broke out, he said, with the winning bid "smashing through the reserve price".

"[Coffey] was over the moon," Mr O'Rourke said. "And the purchasers are stoked. Everyone's happy."

Nobody at Wednesday's auction knew who the seller was, so it was unlikely Coffey's celebrity fuelled the high bids.

The property - a 1960s renovated two-bedroom unit - was described in its listing as an "excellent entry level buying into Auckland's premium city fringe".

"Featuring a near new kitchen and bathroom, polished wood floors, sunny northerly aspect and two outdoor courtyards that both catch amazing sun."

It ended by saying: "Our vendors have already left the city and NEED THIS SOLD ASAP!"
Coffey is standing as the Labour candidate for the Rotorua electorate in September's election.