Rangitikei Mayor Andy Watson is thrilled with the results of a fundraising house auction in Bulls.

The house that Bulls built is a four-bedroom, renovated house which fetched $382,000 at auction on Saturday to help fund the building of a new community centre.

"It is a stunning result," said Watson.

"There were several bidders and the house was sold to a lady who lives locally and works in Bulls.

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Rangitikei Mayor Andy Watson is delighted with the results of a fundraising house auction in Bulls. Photo / File
Rangitikei Mayor Andy Watson is delighted with the results of a fundraising house auction in Bulls. Photo / File

"She wishes to remain anonymous at this stage."

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The house has new foundations, insulation, paint, guttering, alarm, heat pump, floor coverings, decor, fittings, moisture remover, appliances, plumbing, wiring and a new auto door on the garage all donated by local businesses.

The council donated the section, a local house relocation business found them a house and the local tradespeople came forward with offers of work.

The Rangitikei District Council were up against changes to legislation on earthquake-prone buildings and had just seven and a half years to replace a town hall and library.

"The town looked at all of the options around whether you repair things, whether you earthquake-strengthen, and having looked at the cost of earthquake-strengthening, which of course doesn't mean that something is fit for use either, the town decided that the best facility would be a new facility incorporating all of these features," said Watson.

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The building of the new $6m facility which will incorporate the town hall, library, information centre and town square is funded from a loan and rates but fundraising was needed to make up the balance.

"It is a brilliant result and I am so grateful to everyone who has contributed," said Watson.

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"We had a barbecue and celebration with all the people who have worked to make this happen."