No longer on The Block
The four houses from the first season of The Block NZ have doubled in price in less than three years, fetching a total of $7.4 million as they were bought up by a property developer.
Now, the famous houses will be carted off the property in Takapuna, to be replaced by a sixstorey apartment block.
Property developers Auburn Development Ltd paid the hefty price tag for numbers 74, 76, 78 and 80 Anzac St.
Each of the houses have more than doubled in price since they first sold at auction on the show in September 2012.
In that auction audience favourites Ben and Libby sold their home for $961,000, earning $157,000 over the set reserve - considered a good profit at the time.
Land Information New Zealand figures reveal the three- bedroom, three-bathroom house sold for $1.94m in June 2015.
The other properties had price tags of between $1.6m and $1.95m when the sales were arranged by Bayleys Real Estate.
They will be removed to make way for the Sargeson Apartments.
Auburn Development Ltd project manager Alistair Taylor said all 92 apartments have now sold, and the building will house around 180 people or more.
Construction on the apartments, named after author and former Takapuna resident Frank Sargeson, was due to begin in December.
‘‘All 92 apartments have now sold, and the building will house around 180 people or more’’