PHOTO: Max Key is the new owner of a Mt Albert villa. Photo credit: Max Key / Instagram; Blank Canvas Productions / Ray White
Max Key, the son of former Prime Minister Sir John Key, has snapped up a $1.4 million Auckland Central property – with his parents loosening the purse-strings to help with the purchase.
The Mount Albert home sold at auction for 22 percent above capital value, as reported by the New Zealand Herald.
Key and his wife Lady Bronagh attended the auction to support their son, 25, as did his girlfriend.
Seven other registered bidders reportedly attended the auction.
Described as an “archetypal 1920s villa” situated on a fully-fenced 713-sqm section, according to its listing, the property offers three double bedrooms, a “trendy” bathroom, modern kitchen, formal sitting room and a converted garage.
“The initial encounter upon arrival is of a charming old-school wooden veranda and as the front door swings open, glowing native timber flooring is revealed,” says the listing.
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