Archive | Eastern bays

Kohi townhouse sells at auction

A large Kohimarama townhouse (pictured), one back from Tamaki Drive, sold at Bayleys’ Remuera branch auction today, but the only bid for a Parnell studio was from the vendor and a unit in the new St Marks apartment block in Remuera attracted no bid.

Isthmus east

Eastern bays – Kohimarama

20A Eltham Rd:
Features: 259m² site, 229m² floor area, 3-level 3-bedroom townhouse, 2 living rooms, 3 bathrooms, 2 parking spaces, balcony, patio, roof garden, self-contained living at entry level giving guests independence
Outgoings: rates $5239/year including gst; no body corp fees
Outcome: sold for $2.715 million
Agents: Gary & Vicki Wallace

Parnell

258 Parnell Rd, unit 43:
Features: studio, parking space
Outcome: passed in after sole bid from vendor at $550,000
Agent: Trisha Vincent

10 Ruskin St, unit 3C:
Features: 2-level penthouse, 3 bedrooms, 2 bathrooms, balconies, 2 basement parking spaces
Outcome: auction postponed
Agent: Jiali Liu

Remuera

St Marks, 10 St Marks Rd, unit MAC 101:
Features: 3 bedrooms, 2 bathrooms, 2.9m stud, 2 basement parking spaces
Outcome: no bid
Agents: Karen Spires & Trisha Vincent

Attribution: Auction documents.

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Updated: Mt Eden shops passed in (now sold), 2 apartments sold

Published 11 October 2018, updated 5 November 2018:
A commercial site in Mt Eden with 3 shops & 2 flats on it (outlined in photo) was passed in at Barfoot & Thompson’s auction on 11 October and sold shortly after, which I missed updating at the time.

Of the 6 apartments, townhouses & suburban units the agency had up for auction on Wednesday afternoon, one was sold under the hammer and another post-auction. 2 in the new Conrad Properties Ltd Victoria Residences development across the street from SkyCity remain on the market.

Commercial

Isthmus west

Mt Eden

Updated: 547-551 Mt Eden Rd:
Features: 501m² site, total floor area 273m² – 3 shops & 2 flats (one derelict), zoned business – mixed use, erected about 1912, seismic rating 19% new building standard
Rates: $13,481/year including gst
Rent: partially leased with demolition clause – rent $30,600/year from one shop + flat
Outcome: no bid; sold unconditionally post-auction for $1.35 million + gst
Agent: Marie-Anne Molloy

Apartments

CBD

Learning Quarter

Eden Apartments, 32 Eden Crescent, unit 8B:
Features: one-bedroom apartment
Income assessment: $430/week current
Outcome: no bid, sold post-auction
Agents: Selina Zheng & Tommy Zhang

Uptown

Winsun Heights, 113 Vincent St, unit 7B:
Features: studio
Outgoings: rates $933/year including gst; body corp levy $2406/year
Outcome: passed in
Agents: Stephen Shin & Lauren Lee

Victoria St

Victoria Residences, 75 Victoria St, unit 301:
Features: 50m² + 5m² balcony, fully furnished 2-bedroom apartment, tower completed in June
Income assessment: $750/week current guaranteed income
Outcome: no bid
Agents: Will Liu & Nicole Zhang

Victoria Residences, 75 Victoria St, unit 1801:
Features: 50m² + 5m² balcony, 2-bedroom apartment, balcony, tower completed in June
Outcome: auctioned postponed, on market at $745,000
Agents: Alastair Brown & Hayley Sok

Isthmus east

Ellerslie

39 Peek St, unit 1:
Features: 3-bedroom unit, single garage (currently used as a studio)
Outcome: passed in, back on market at $845,000
Agents: Alex Baker & Cindy Jiang

Kohimarama

53A Rawhitiroa Rd:
Features: 4-bedroom townhouse, 2 living areas, 3 bathrooms, double internal-access garage, courtyard & garden
Outcome: sold for $2.5 million
Agents: Veronica Schoonraad & Cheryl Woodward

Attribution: Auction documents.

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Equinox wins consent for Peninsula at Orakei Bay Village

Equinox Group Ltd has obtained resource consent for its luxury residential development beside the Orakei railway station, in the Orakei Bay Village at the foot of Remuera – 12 years after getting involved in the original project as financier, and a year after transforming the small peninsula with a village retail precinct.

The new feature, The Peninsula, will have 32 apartments & penthouses priced from $2.7-13 million, looking back to the city across Hobson Bay.

Image above: Artist’s impression of The Peninsula at Orakei Bay Village.

They’ll be built at the most northerly point of the village, which has bars, eateries, boutique shopping & service stores and is anchored by Farro Fresh & Kings Plant Barn.

The design is for apartments of 150-660m², including covered lanais & balconies. Colliers will market the project and construction is intended to start next year.

The whole site at 228-246 Orakei Rd is partly freehold, partly leasehold, and the early intention over a decade ago was to build over the railway tracks, incorporating council-owned carparking land.

Equinox Group director Kerry Knight said yesterday the plans have been scaled back to remove the complexities of the previous requirement for development over the train tracks & a land swap with the council: “We are now only building on our freehold land, and The Peninsula is the premier waterfront location for residents in Orakei Bay Village.”

The original development proposal was by Tony Gapes’ Redwood Group Ltd. After he failed to get the project through all the council hoops, and the complications of leasehold interests, Equinox took charge of the project, but put it on hold in 2015 after further issues with Auckland Council & Auckland Transport made funding impossible.

The site for the Peninsula, right on the water’s edge, is where King’s Plant Barn was previously located.

Earlier stories:
14 March 2014: Orakei Point plan change over last hurdle
1 April 2011: Gapes’ Orakei Pt plan change approved
11 June 2010: Tramco throws Orakei Pt development scheme into disarray
9 June 2010: Orakei Point development far from fait accompli
17 January 2010: Council notifies Orakei Point plan change, but commercial agreement missing
9 October 2009: Orakei Point gets council-sponsored plan change
7 October 2009: Council pushes ahead with Orakei Pt plan as locals reiterate congestion concerns
16 September 2009: Latest Orakei masterplan gets a better reception
29 April 2009: Orakei criticism muted this time
15 July 2008: Braying at a developer’s consultant no way to demonstrate council leadership
11 July 2008: Mayor launches blistering attack on Redwood at presentation to councillors as Gapes holidays in Fiji
17 June 2008: Gapes unveils Orakei Pt masterplan
18 March 2008: Redwood’s Orakei consent declined week after master plan agreement reached
10 March 2008: Mayor gets agreement to intervene in Orakei consent process
7 February 2007: Community board supports residents’ group opposing development, wants comprehensive plan done for Orakei Rd
10 December 2006: Now it’s Tony Gapes’ turn to propose Jacobsens site development

Attribution: Company & agency release.

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Decision this week on Okahu Bay Landing management structure

The Orakei Local Board has a recommendation before it on Thursday to approve a management structure for the Landing at Okahu Bay which will involve an operations working group plus a local board steering group over the top.

Its aim is to overcome the 5-year impasse which has bedevilled use of the foreshore point, which has a public boat ramp & pontoon; a boat hardstand, maintenance & storage; haul-out & launching; a new boat lift & a travel lift; secure dinghy lockers & racks; and short-term car & trailer parking.

It also has a number of other users, including sailing, paddling & waka club members.

Parks, sports & recreation portfolio manager Rob Gear says in his report to the local board: “Progress toward achieving The Landing concept plan– Pathways to the Sea (2013) is currently stalled. Stakeholders invested significant time into producing this document and it has been endorsed by the Orakei Local Board.

“Currently, The Landing does not have a structured management model, which has put strain on relationships amongst the stakeholders.

“The recommended operational model will provide a mechanism for all stakeholders to deal with day-to-day operational risks, issues & opportunities, and move The Landing concept plan forward in a more cohesive fashion.

“The operational model aims to ensure the site operates effectively & efficiently, and will promote equity of access, minimal conflict, environmental best practice & excellence in health & safety practices.”

Mr Gear has recommended the board adopt the third of 3 options, “an operational management model which provides a structure for reporting, monitoring & managing risks, issues & opportunities at the Landing”.

Option 2 (above) and the recommended option 3 (below).

The Landing is a park classified for recreational purposes, and the local board has decision-making authority on the use of it & activities within it.

Mr Gear said: “The Landing occupies a compact space which is important both locally & regionally. The site is used by a number of community & commercial groups for a diverse range of marine-related activities.

“Stakeholders have raised concerns that the current direction of The Landing is moving away from what was originally agreed by all stakeholders and endorsed by the Orakei local board in the concept plan.

“The concept plan focuses on community aspirations and prioritises improved access to water-based recreational activities.”

Links:
Orakei local board, Thursday 20 September at 3pm, Meadowbank, St Chad’s Church & Community Centre, 38 St Johns Rd:
13, The Landing, Okahu Bay – operational management model
Recommendation
The Landing

Attribution: Local board agenda, Landings website.

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New Urban Partners scheme for Mission Bay a $200 million project

Urban Legacy & Partners Ltd (Haydn & Mark Staples) said at the weekend it would lodge its application this week for a notified consent hearing on its proposal to redevelop half of the central block across Tamaki Drive from Mission Bay beach with a $200 million scheme.

Image above: The Tamaki Drive-Patteson Avenue corner of the proposed redevelopment.

The Staples family, through earlier companies Retail Holdings Ltd & Urban Partners Ltd, has owned much of the block for 3 decades and has contemplated several major transformations, but this is the biggest & most comprehensive.

The scheme to replace existing buildings contains 7 new buildings with a range of heights, materials & colours and provides sightlines across the site and pedestrian laneways through it.

The Mission Bay proposal:

From 8 storeys on Tamaki Drive, 5 levels on Patteson Avenue, 3-level townhouse pods on the Marau Crescent side.

  • The site covers about half a block – 75-79, 81-87 & 89-97 Tamaki Drive, 6-12 & 14 Patteson Avenue and 26, 28 & 30 Marau Crescent
  • zoned business local centre under the unitary plan
  • a mix of commercial (retail and food & beverage), entertainment (cinemas) & residential
  • gross floor area of 35,095m²
  • 2920m² of food & beverage
  • new cinema complex (up to 5 cinemas on 2 levels) that accounts for 955m²
  • up to 100 apartments
  • up to 265 basement & ground-level parking spaces
  • The design “references” elements of the art deco flavour of Mission Bay
  • The architects are the Buchan Group

Urban Partners said it was in the process of consulting with tenants after 18 months of spatial testing of the site’s opportunities & constraints, including 3 sessions with the council’s independent & non-statutory urban design panel.

Gradual rise from 3 to 8 storeys

Project manager Doug Osborne said the 3 levels of townhouses proposed for 3 lots on Marau Crescent deferred to the residential zoning on the other side of the crescent “with a lower height & sensitive integration with the surrounding neighbourhood”.

Building heights would gradually increase along Patteson Avenue & Tamaki Drive, culminating with an 8-level building on the corner of Tamaki Drive & Patteson Avenue.

The company has owned a large part of Mission Bay’s commercial area for many years and, I wrote in 2014, was still investigating development options.

Laneways are proposed through the site.

One project where it achieved more rapid action was in the development of a $60 million data centre at Takanini for Spark Digital Ltd. Retail Holdings funded, designed, managed & constructed the centre, which opened in October 2014.

Also at Takanini, the company built the Southgate bulk retail centre, sold to Augusta Capital Ltd in 2014 for syndication.

The company has acquired assets at Waiwera over a number of years with a vision of creating a wellness destination that has a mix of complementary attractions & accommodation.

Retail Holdings was the brainchild of brothers Haydn & Mark Staples, who ran a retail business in the 1970s and began acquiring premises they were operating out of.

Links:
Urban Partners
Urban Partners blog

Earlier stories:
3 May 2015: Augusta settles Southgate purchase with 36% of syndication unsold
26 December 2014: Augusta to syndicate Southgate at Takanini
12 December 2014: Retail Holdings rebrands as Urban Partners
15 February 2010: Drive Holdings faces new council opposition to Mission Bay project
17 April 2009: Panel tells council planners to stop playing internal politics with consent applications
27 March 2009: Commissioners weigh up rules on right to demolish Mission Bay shops
16 March 2009: Mission Bay project hinges on question over permission to demolish
16 August 2002: Update: OK for bar in Mission Bay restaurant

Attribution: Company release & websites.

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4 suburban units & Connaught studio sell

4 suburban units and a studio in the Connaught apartment building were sold at Barfoot & Thompson’s city residential auctions on Wednesday, out of 19 homes offered.

CBD

Learning Quarter

Connaught, 14 Waterloo Quadrant, unit 8H:
Features: 32m² studio apartment, balcony, storage locker
Outgoings: rates $1279/year including gst; body corp levy $2835/year
Outcome: sold for $375,000
Agents: Marie Lambert & Ann Mushet

7E Whitaker Place:
Features: 2-bedroom apartment, 2 parking spaces
Outcome: withdrawn from auction
Agents: Ketiesha Elliott & Frank Excell

Isthmus east

Kohimarama

22 Speight Rd, unit 3:
Features: cross-lease, ¼ share in 890m², 2-bedroom apartment
Outcome: passed in at $1.29 million, sold immediately post-auction for $1.38 million
Agents: Julie Kennedy & Chrissie Baker

Onehunga

Norfolk Rise, 110M Grey St:
Features: 3-bedroom townhouse, garden shed, tandem carport
Outcome: sold for $842,000
Agent: Dee Brennan

112C Victoria St:
Features: 219m² section, 3-bedroom unit, study, 2 bathrooms, internal garage
Outcome: sold for $1.06 million
Agents: Ian Thornhill & Frances Li

Remuera

19 Upland Rd, unit 1:
Features: cross-lease, 1/3 share in 1009m², 3-bedroom townhouse, 2 bathrooms, office, double internal-access garage
Outcome: passed in at $1.35 million
Agent: Alex Baker

St Heliers

69A St Heliers Bay Rd:
Features: cross-lease, half share in 738m², 3 bedrooms, 2 bathrooms, garage converted to office, carport
Outcome: no bid, back on the market at $1.595 million
Agent: Margot Torrance

Isthmus west

Lynfield

172 Halsey Drive:
Features: cross-lease, half share in 716m², 2-bedroom unit, carport, storage shed
Outcome: sold for $613,500
Agents: Grant & Moira Marshall

Sandringham

40 Leslie Avenue, unit 3:
Features: cross-lease, 1/3 share in 634m², 2-bedroom unit, garage
Outcome: passed in at $639,000
Agents: Carl & Roseanne Madsen

North-west

Te Atatu Peninsula

6 Noall St, unit 1:
Features: 2-bedroom unit, garage
Outgoings: body corp levy nil
Outcome: passed in at $500,000
Agents: Carl & Roseanne Madsen

Attribution: Auctions.

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Tamaki Drive pad among 7 apartment & unit sales

A waterfront apartment in The Sands on Tamaki Drive (pictured) was sold at Barfoot & Thompson’s city branch auction this week, one of 3 apartments & suburban units sold out of 7 offered.

An apartment in the brand-new Victoria Residences, across the street from the SkyCity casino & hotels, was passed in with the bidding at $13,420/m² internal space.

When Conrad Properties Group Ltd launched the development at the beginning of 2015, prices equated to a range of $11,700-16,200/m². Conrad bought the 522m² site of the former Palace Hotel for $7 million in 2014 from the Chow brothers, who’d intended to develop a highrise brothel there.

An Epsom block of 3 2-bedroom units was passed in when offered in one lot, and each of the units was also passed in when offered separately.

CBD

Victoria St

Victoria Residences, 75 Victoria St West, unit 807:
Features: 50m² + 5m² balcony, one bedroom + flexi-room
Outgoings: body corp levy $3197/year
Outcome: passed in at $671,000, at $13,420/m² internal
Agents: Selina Zheng & Tommy Zhang
Earlier story:
26 January 2015: Victoria Residences & St James Suites set new price points

Isthmus east

Epsom

30B Buckley Rd, units 1, 2 & 3:
Features: block of 3 2-bedroom units, each with fully lined garage
Outcome: passed in as a single lot & when offered individually
Agents: Sara-Jayne Kingston & Dermot Kelly

Kohimarama

The Sands, 277 Tamaki Drive, unit 6:
Features: 3-bedroom apartment, 2 bathrooms, terrace, 2 parking spaces
Outcome: sold for $2 million
Agent: Karin Cooper

Isthmus west

Freemans Bay

2 Gunson St, unit 5:
Features: 1/6 share in 258m², unit 167m², 3 bedrooms, 3 bathrooms, study, upper deck, courtyard
Outcome: no bid
Agents: Carl & Roseanne Madsen

Hillsborough

291A Hillsborough Rd, unit 1:
Features: 2-level unit, 3 bedrooms, garage
Outcome: no bid, back on market at $679,000
Agents: Kam & Yogesh Dahya

Mt Eden

39 Bellevue Rd, unit 10:
Features: one-bedroom unit, carport
Outcome: sold for $525,000
Agents: Kim & Bruce Rule

Sandringham

Grove Court, 3 Grove Rd, unit 2:
Features: cross-lease, 1/5 share in 771m², 2-level 2-bedroom unit, parking space
Outcome: sold for $610,000
Agents: Paul Donovan & Sharon Walls

Attribution: Auctions.

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Kohi unit & St Heliers house sell, but 15 other homes passed in

The first property up for sale at Barfoot & Thompson’s apartments & houses auction this morning – a large cross-leased unit just off Tamaki Drive in Kohimarama – was sold under the hammer, and the third offering of the day, a house in St Heliers, was also sold.

The other 15, including 5 other apartments, a terrace & a suburban unit with sleepout, were all passed in.

Barfoot’s moved to a dedicated apartments & commercial auction on Thursday mornings at its city office a couple of years ago, but struggled to get a large selection – when the agency’s city residential property business could run through 80 auctions in a day, 2 sessions in 2 auctionrooms.

The agency’s commercial branch has rarely offered more than 2 properties at these auctions, while apartment numbers have also dwindled.

So today’s offering was a novelty – 9 houses and a larger selection of intensive housing than usual – but with an outcome that’s become commonplace since the residential markets started to turn downward around 18 months ago.

CBD

Kitchener St

Metropolis, 1 Courthouse Lane, unit 2114:
Features: 51m², 2-bedroom apartment
Income assessment: $675/week current until October
Outcome: passed in
Agents: Aaron Cook & Holly Huang

Learning Quarter

The Quadrant, 10 Waterloo Quadrant, unit 1606:
Features: fully furnished 2-bedroom apartment, parking space
Outcome: no bid
Agent: Oleg Lykov

Isthmus east

Kohimarama

28 Speight Rd, unit 3:
Features: cross-leased, 3-bedroom unit, deck, internal-access garag
Outcome: sold for $1.08 million
Agent: Lynette Boyd

Mt Wellington

Mountain View, 68 Mountain Rd, unit 52:
Features: 2-bedroom apartment, balcony, 2 covered parking spaces
Outcome: no bid, back on market at $570,000
Agents: Nathan Canton & Bev Bellas

Newmarket

373 Khyber Pass Rd, unit 17:
Features: studio
Outcome: passed in, back on market at $355,000
Agent: Cici Wang

Isthmus west

Eden Terrace

10 Ruru St, unit 31:
Features: 107m², 3-level one-bedroom terrace, balcony, double internal-access garage, reclad and new code compliance certificate issued 2010
Outcome: passed in
Agents: Eugene Yamamoto & Joanne Simpson

Mt Eden

30A Enfield St, unit 102:
Features: 3-bedroom apartment, 2 bathrooms, deck, garage
Outcome: passed in, back on market at $1.115 million
Agent: Jill Jackson

South

Mangere East

239 Robertson Rd, unit 1:
Features: 326m² section, 70m² 2-bedroom unit + 20m² sleepout with own bathroom, carport
Income assessment: $560/week current
Outcome: passed in
Agents: Neno Radinovich & Brett Innes

Attribution: Agency release.

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Mission Bay terrace sells

A Mission Bay terrace sold on Wednesday at a Bayleys auction brought forward.

Isthmus east

Mission Bay

42 Patteson Avenue, unit 3:
Features: 2-bedroom terrace, parking space
Outcome: sold for $925,000 at auction brought forward
Agents: David Nightingale & Tina Chang

North

Omaha

189 Mangatawhiri Rd, unit 24:
Features: 3-bedroom Richard Priest-designed townhouse, 2 bathrooms, parking space
Outcome: withdrawn from auction
Agents: Victoria & Richard Turner

Attribution: Agency release.

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Aucklander apartment sells

One city apartment was sold and another passed in at Barfoot & Thompson’s regular apartments & commercial auction today. A Glendowie property containing a shop & a house with weathertightness issues was also passed in.

CBD

Learning Quarter

The Aucklander, 25 Rutland St, unit 4A:
Features: one-bedroom apartment
Outgoings: body corp levy $4471/year
Outcome: sold for $360,000
Agents: Livia Li & Alan Guo

Forte, 37 Symonds St, unit 609:
Features: 2-bedroom apartment, balcony
Outgoings: body corp levy $3628/year + $615 special levy for fireproofing of riser shafts
Outcome: passed in
Agents: Stephen Shin & Justin Choi

Isthmus east

Glendowie

237 West Tamaki Rd:
Features: 204m² site, shop, 2-level house with weathertightness issues, 4-car garage, plans for redevelopment provide for a split investment and have been submitted to council; among 8 shops
Outcome: passed in
Agent: Mike Jensen

Attribution: Auction documents.

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