Decaying home with missing walls sells for eye watering 1 million despite house not even having a TOILET
A CRUMBLING one-storey home with missing walls has sold for more than £1 million in New Zealand - despite not having a TOILET.
The run-down Auckland property shocked buyers when it went for a fortune after going under the hammer earlier today.
The decaying home went for over £1 million at auctionCredit: BARFOOT AND THOMPSON/SUPPLIED 
It seems the mystery buyer thinks this is one hot property - despite its drawbacksCredit: BARFOOT AND THOMPSON/SUPPLIED 
It's got everything but... a toilet - the sink is thrown in!Credit: BARFOOT AND THOMPSON/SUPPLIED The local council valued the house at $1.65m (£830,000) stating it required around £100,000 worth of improvements.
However, bidding for the bogless bungalow started at $1.75m (£888,000) and soon rocketed, Stuff reported.
The Barfoot & Thompson real estate agent listing described the house as a "blank canvas in need of urgent attention".
It stated it was “the most affordable character entry to home ownership available" in Grey Lynn - a posh suburb of Auckland.
The property is classed in the “single house zone†under the city’s unitary plan â€" which determines how areas in the city can be developed.
Barfoot and Thompson’s auctioneer, Campbell Dunoon, revealed these kind of properties are now highly sought after.
HIGHLY DESIRABLE“People who I would call traditional retail buyers would in the previous years buy a property to move into are now buying a property to do up and then move into," he said.
“There are certainly more people like that.â€
The estate agent handling sale would not disclose who the buyer was, or whether the person was a developer.
New Zealand has one of the hottest property markets anywhere in the world.
The most recent data puts the average house price at a record-breaking $943,000 â€" a 22 per cent increase from June last year.
Official figures show Auckland’s market remains the hottest, with average prices now sitting at $1.5m (£750,000).
The bids unbelievably poured in for the run-down propertyCredit: BARFOOT AND THOMPSON/SUPPLIED 
It was on the market with real estate agents The Barfoot & ThompsonCredit: BARFOOT AND THOMPSON/SUPPLIED 
The property was described as a 'blank canvas in need of urgent attention'Credit: BARFOOT AND THOMPSON/SUPPLIED Hilarious moment Scots lad gets HEAD stuck in loo and breaks seat in stunt gone wrong
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