All four apartments from the latest series of The Block NZ have been sold. New Zealand Herald photograph / Jason Oxenham
All four apartments from the latest series of The Block NZ have been sold. New Zealand Herald photograph / Jason Oxenham
The penthouse renovation featured on The Block NZ: Firehouse has finally found a new owner - four days after it failed to sell at auction.
The show's host confirmed the sale on The Project tonight, saying it had sold for $1.6 million, a figure that he said was "fractionally belowreserve".
The couple who worked on the property, Mikaere and Sophia Gardiner, made no profit from the sale.
On auction night, the top bid was $1.455m and as it was under reserve was passed in. Earlier in the week the two other properties which didn't sell by auction were also purchased.
A late-night close on auction night saw Stacy Heyman and Adam Middleton's Apartment 1 sell for $1.48m. The sale price met reserve, but failed to make any profit.
Wellington couple Lisa Ridout-Gordon and Christopher Gordon, from Apartment 2, were the only team to sell over the reserve price, banking $50,000, as well as $100,000 cash prize for the show win.
