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<\/p>\nOne of Auckland\u2019s historic Ngapipi Road boatsheds has fetched close to $1 million after just over two weeks on the market.<\/p>\n
A keen buyer jumped the gun ahead of this week’s planned auction, paying $985,000 for the working shed, New Zealand Sotheby\u2019s International Realty listing agent Paul Sissons told OneRoof.<\/p>\n
\u201cIt\u2019s a really good price; the owner was very, very happy,\u201d he said.<\/p>\n
Built in the 1940s, No.8 is one of 17 sheds in the much-photographed strip on the edge of Whakatakataka Bay. It is the fourth Sissons has sold, and one of just two believed to remain in original condition.<\/p>\n
Sissons said the buyer had missed out on other opportunities to buy, but this time he was ready to fulfil his childhood dream, despite being on the other side of the world.<\/p>\n
\u201cHis comment to me was that he had wanted to buy one of those boat sheds since he first pedalled past on his bike as a 13-year-old,\u201d Sissons said. \u201cThe moment this went up, he was straight on to me within a couple of days. He was actually overseas, and his immediate comment was \u2018your timing\u2019s lousy, but I have always wanted that shed. That is the one I really wanted to buy.’\u201d<\/p>\n
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The shed was built in the 1940s to house Lady Margaret, a classic 43-foot kauri launch, which is still on the market for sale. Photo \/ Supplied <\/p>\n
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The small shed was one of only two in the run of historic sheds that were still used for boat maintenance and storage. Photo \/ Supplied <\/p>\n
Sissons said that when the buyer realised he would still be overseas on auction date, he worked with his solicitor to make an offer that would take the shed off the table.<\/p>\n
\u201cThe vendor decided it was good enough for them,\u201d he said.<\/p>\n
While many of the other sheds on the strip have been turned into offices or glamorous entertainment spaces, Sissons said the buyer wanted somewhere to store his boat.<\/p>\n
The shed had been offered with its resident boat, a classic 43-foot kauri launch dubbed the Lady Margaret, but the buyer had passed on the opportunity. Sissons said the vendor was now selling the boat and the lease on her marina berth privately.<\/p>\n
Discover more: <\/p>\n
– \u2018Time to have more fun\u2019: TV star chef Michael Van de Elzen sells his farm to overseas buyers <\/a><\/p>\n – One of the North Shore\u2019s biggest-ever deals: Waterfront mansion gets top price <\/a><\/p>\n – Coastal Wonders star up for grabs – Willa is one of Waiheke\u2019s most expensive homes <\/a><\/p>\n \u201cEvery piece of Lady Margaret is just stunning,\u201d he said.<\/p>\n The Lady Margaret is why the vendor ended up with the shed in the first place. <\/p>\n He told OneRoof last month that he bought the shed in 2005, after falling in love with the Lady Margaret. <\/p>\n \u201cI looked at her and thought \u2018I\u2019ve got to have this\u2019,\u201d he said. \u201cI\u2019d get a few people coming on board who\u2019d say, \u2018Oh, we used to go out on her for Christmas\u2019. She was quite popular.\u201d<\/p>\n He added: \u201cWe used it most summers, to a limited extent. Then she\u2019d get a three-month go back in the shed.\u201d<\/p>\n He said that apart from some strengthening and improving the door access, the shed was pretty much unchanged.<\/p>\n The solid hardwood No.8 shed is fitted out for boat maintenance and as a joinery workshop. Photo \/ Supplied <\/p>\n The boatshed record was set in June 2023, when a glamorous boatshed used as a shooting location for David Lomas Investigates sold at auction for $2.05m. Photo \/ Supplied <\/p>\n \u201cIt was my little hideaway. I\u2019d meet my mates and have a couple of beers out there. We could open the door up, particularly on a high tide. It was a working shed, used for fixing up the boat in the winter and then in the summer I turned it into a joinery workshop and made all sorts of things for the house and the boat.\u201d<\/p>\n Three years ago, Sissons got a record $2.05m<\/a> for a stylishly renovated boatshed on the strip. The 65sqm shed, with glamorous Ralph Lauren-style decor, was used in the hit TV show David Lomas Investigates.<\/p>\n And last year, Sissons sold another much bigger boatshed, with chandeliers and a yoga room, for around $1.85m<\/a>.<\/p>\n Owners hold a maritime licence to occupy the boatsheds, which is renewed every 35 years. While the sheds cannot be used as permanent residences, some are fitted with kitchens and bathrooms, with holding tanks used to manage wastewater.<\/p>\n![\"The](\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/10\/6c8bf1492dcfebc85c753d28c0848485.jpg\")
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