The owner of an ex-state house in Mt Albert has made about $700 a day on a three-bedroom house purchased 15 months ago for $758,000 and sold last night for $1,102,000.
Ray White real estate agent Tony Tang said the 1940 house at 28 Rawalpindi St attracted more than six bidders. It was bought by a couple who plan to renovate it, he said.
![The living room. Photo / Supplied](https://www.nzherald.co.nz/resizer/v2/PN75YMEHLGQH3G4J3RMQFJDE3A.jpg?auth=44838c2a3f39becddf714011e6ca87ccd338379b0254f3b58c8d9212288c35fc&width=16&height=11&quality=70&smart=true)
The $344,000 profit represents a daily return of about $700 in Auckland's red hot property market.
![The kitchen. Photo / Supplied](https://www.nzherald.co.nz/resizer/v2/ER2JMDTQWXBI4XIHMDGIDUDMME.jpg?auth=ac54be87b63f08e45aed636893e837d3e6fc1c5d8af8a86ed9446555139d505c&width=16&height=12&quality=70&smart=true)