Bay auctioneer sells The Block home

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Tauranga's own auctioneer Blair Cashmore is pleased with the sale price of the North Shore home he sold on TV3's The Block live auctions last night.

Blair, who works for Bayleys in Tauranga, was the auctioneer for The Block stars Alisa Keall-Grant and Koan Vette in the final property to go under the hammer after the 10-week renovation period.

Tauranga's Blair Cashmore auctions off House 1 in The Block finale. Photo: TV3.

With four bidders on the property, in the room packed with about 200 people, the house in Belmont, Auckland sold for $1,014,000. The couple take away a profit of $66,000.

'I don't know the North Shore market, but I believe it was a pretty good price for that location,” says Blair.

'The location was really good, so it is probably where it should be.”

It was not enough for the biggest house on The Block to win overall, with Alice and Caleb Pearson, both 26, coming in first with a sale price of $1.126million.

The Auckland couple keep the $181,000 the property fetched over its reserve price, plus an $80,000 bonus for winning the competition, giving them a total prize of $261,000.

While two of the couples celebrated, it was not such happy times for the other two teams – Loz and Tom Heaphy and audience favourites Pete and Andy Walker.

Rangitikei brothers Pete and Andy won the challenge to select the order of the auctions and decided to go first – selling their house for $952,000, netting them $27,000. They also took away a new Mazda6 in the People's Choice Award.

Loz and Tom from Nelson were next up and had a disappointing sale price of $947,000, giving them a $25,000 profit. Loz was visibly upset after the auction and said with the 10 weeks taken off work, the prize money was a 'slip in the back pocket”.

'I think Alice and Caleb's, and Alisa and Koan's were better houses, they had more interested parties in them, so that goes to show the appeal,” says Blair.

'Those two were more character homes than the other two were.”

Blair believes the auction order was set well for the final two teams, who managed to take away the biggest profit.

'It ended up being good, if you ended up putting the house that won up first, it may have detracted from the others and blown a few others away.”

This was Blair's first televised auction and he says it was definitely a nervous start.

'I was very nervous, but in the end when I got up there I forgot about it and it was just a normal auction.

'It was a good vibe in there. The show was rated highly and it was the big climax at the end.”

Blair was asked to be one of the auctioneers on the show after Bayleys were named the agents for the listings at the intersection of Lake and Eversleigh Roads.

'There were four properties up for auction. They had three Bayleys auctioneers in Auckland and they needed one more so they rung me and I got the job out of the rest of the country, which was good.”

The former Steamers player has been an auctioneer for the last six or seven years. The highest fetching property he has sold at auction was a farm block in the Waikato, which sold for about $11million, he says.

The television series followed the four teams who worked for 66 days straight renovating the houses, some of which had to be completely gutted.

Winners: Caleb and Alice House 1 - $945,000 reserve, sold for $1,126,000 = profit $181,000

Alisa and Koan House 2 - $948,000 reserve, sold for $1,014,000 = profit $66,000

Pete and Andy House 3 - $925,000 reserve, sold for $952,500 = profit $27,500

Loz and Tom House 4 - $922,000 reserve, sold for $947,000 = profit $25,000

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