Two Whanganui properties in prime locations have sold at auction at Bayleys Whanganui.
The auction was conducted by auctioneer Grant Bayley at the company's Wicksteed St premises on Wednesday, May 1.
The first lot was a property at 29 Riverbank Rd, Whanganui East, which sold for $390,000. The property has had the same owners for more than 50 years and is surrounded by mature gardens and trees. It runs down to the Whanganui River.
Lot 2 was a property at 12 Mowhanau Dr, Kai Iwi Beach. The property has great views and is in a sought-after area but there is a dangerous building notice on it after a landslip in 2015. Bidding started at $100,000, and after a bit of interest, it sold for $180,000.
Purchaser Bernard Reuters said he is considering plans for the property.