The stately, two-storey Carlile House on Richmond Rd is in a perilous state after 15 years of fruitless negotiations between council and a Tongan church which has owned it for the past 40 years or so.
The city property specialist is one of New Zealand’s largest listed property companies and is selling Pastoral House at 25 The Terrace and Mayfair House at 44-52 The Terrace.
Workotel was established in Upper Riccarton in 2013 as a joint venture between Singaporean company Tee International and Christchurch construction and development company Artmatic Holdings.
Kiri Barfoot, a director of Barfoot and Thompson which manages around 16,500 rented Auckland properties, said that last year, rents only rose 3.2 per cent across all categories.
But in this year’s first quarter alone, CBD rents for properties which are mainly apartments jumped 9.69 per cent and rents for two-bedroom places across the entire city are up 4.62 per cent.
The plan involves a series of “tough” trade-offs that some councillors fear could spark a “not-in-my-backyard” backlash similar to previous debates around urban intensification.
The development aims to transform an abandoned Royal NZ Air Force base in the city’s northwest into a modern housing estate, blending historic aircraft hangars and military buildings with trendy restaurants and shops.
The Environment Court has discharged a temporary order protecting a Titirangi kauri tree and refused to grant a permanent order, meaning it can be felled because it is not protected by any planning provisions.
Wellington City Council has developed a plan with four scenarios to accommodate an extra 80,000 people.
Two of the scenarios envisage changing the rules around 5000 houses in the city’s “character” suburbs, most of which were constructed before the 1930s.
The Davies parted company with Ray White last week after screenshots of historic comments they apparently posted on Facebook were supplied to journalists after the Christchurch terror attacks. At the meeting, Paul Davie blamed the “left”.