Archive | Hobson St

Fiore corner office space leased

Office space on both levels of the revived Wong Doo building (ex-Canvas City, pictured) at the corner of Hobson & Cook Sts was among 3 leases Bayleys agent signed this month. The other 2 were in the Wairau Valley on the North Shore.

The Hobson St building was saved from imminent demolition in 2005 when Auckland City Council gave it a category B heritage scheduling. That also resulted in a change to the design of the Fiore apartment building, eventually completed as 2 structures, with the old corner building incorporated beneath the second apartment building.

Leases:

CBD

Hobson St

Fiore, 166 Hobson St:
Features: 200m² office in the revived Wong Doo building (ex-Canvas City) at the corner of Hobson & Cook Sts
Rent: leased in March for $110,000/year net & gst, premises rental ground floor $700/m², first floor $400/m²
Agents: Terry Kim, Nelson Patchett & Sarah Boles

North-east

Wairau Valley

49 Porana Rd, unit 2:
Features: 130m² industrial unit – warehouse 120m², office 10m², 3 parking spaces
Rent: leased in March for $22,100/year net + gst, premises rental $170/m² (parking free)
Agents: Adam Watton & Adam Curtis

71 Wairau Rd:
Features: 246m² industrial unit – office 88m², warehouse 158m²
Rent: leased in March for $44,720/year net + gst, premises rental $181.79/m²
Agent: Colin Harper

Attribution: Agency release.

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Whillans completes 3 transactions

Whillans Realty Group Ltd has completed 3 notable transactions – an apartment development site on Hobson St (image above of potential development), a Grafton property and an Albany property to Metlifecare Ltd – in the wake of its large sale in February of Kauri Property Fund Ltd’s Tamaki estate to the Goodman Property Trust (where Whillans’ image of the site was used without naming the agency).

Metlifecare settled its purchase of an Albany site for a retirement village last week, but still didn’t put a price tag on it. The agency involved in the transaction, Whillans Realty, says it went for $750/m².

CBD

Victoria Quarter

201 Hobson St:
Features: 
563m² strategic management area 3 development site backing on to the narrow Nicholas St, which runs between Hobson & Nelson Sts, with resource consent for a 12-storey 60-unit apartment block, vacant 2-storey commercial building between 12-storey Stanford Apartments & 2-storey Hobson Lofts
Outcome: sold for $4.69 million at $8326/m²
Agent: Brice Clark

Isthmus east

Grafton

11 Park Avenue:
Features: 769m² residential 7B site, character dwelling with net lettable area of 246m²
Outcome: sold for $3.4 million at $4421/m²
Agent: Henry Thompson

North-east

Albany

98 McClymonts Rd, block A1:
Features: 3.17ha development business 11A site on the corner of McClymonts Rd & Don McKinnon Drive
Outcome: sold to Metlifecare Ltd for $23.7 million at $750/m²
Agent: Bruce Whillans

Earlier story:
11 February 2016: Goodman buys Panmure development site

Attribution: Agency release.

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Altitude & Eden apartments sell

Both apartments auctioned at City Sales yesterday were sold under the hammer, one in the Altitude on the corner of Hobson & Kingston Sts and the other in the Eden Apartments on Eden Crescent.

CBD

Hobson St

Altitude, 34 Kingston St, unit 5B:
Features: 37m², 2 bedrooms
Outgoings: rates $1064/year including gst; body corp levy $3369/year
Income assessment: $/week
Outcome: sold for $252,500
Agents: Chris Bell & Lucy Piatov

Learning Quarter

Eden Apartments, 32 Eden Crescent, unit 9D:
Features: 72m², 2 bedrooms, 2 bathrooms, 2 decks
Outgoings: rates $1767/year including gst; body corp levy $4814/year
Outcome: sold for $588,000
Agents: James Li

Attribution: Auction.

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9 apartments sell at Barfoots

9 apartments & suburban townhouses were sold under the hammer at Barfoot & Thompson’s auction on Wednesday, or at pre-auction. [Another sale I recorded on Wednesday was of a stand-alone house, which I don’t include in these transaction reports.]

CBD

Hobson St

Fiore, 152 Hobson St, unit 805:
Features: 64m², one bedroom, balcony, secure parking space, storage locker
Outcome: sold for $484,000
Agents: Sarah Garlick

Victoria Quarter

Zest, 72 Nelson St, unit 1330:
Features: fully furnished 2 bedrooms, balcony
Outgoings: body corp levy $3518/year
Outcome: sold for $315,000
Agents: Aaron Cook & Betty Shao

Isthmus east

Ellerslie

1A Harrison Rd, unit 22:
Features: m², 3 levels, 3 bedrooms, 2 bathrooms, deck, internal access garage                                 , extra parking space
Outgoings: body corp levy $1037/year
Outcome: sold for $350,000
Agents: Robben Li & Dragon Zhou

Newmarket

373 Khyber Pass Rd, unit 9:
Features: studio, balcony
Outgoings: body corp levy $3080/year
Outcome: sold for $246,000
Agents: Amanda Morrison & Frank Peng

Parnell

Liberty, 2 Augustus Terrace:
Features: 3 bedrooms, 3 bathrooms, office, balcony, double garage
Outcome: no bid
Agents: Cheryl Burgess & Ian Griffiths

Farnham Terraces, 8 Farnham St, unit 6E:
Features: 2 bedrooms, 2 bathrooms, deck, 2 covered parking spaces
Outcome: sold for $750,000
Agents: Sam Yang

Stonefields

Astera, 1 Bluegrey Avenue, unit 309:
Features: 96m², 2-bedroom penthouse, 2 bathrooms, 14m² balcony, 2 undercover parking spaces, storage area
Outgoings: body corp levy $4120/year
Outcome: sold for $860,000
Agents: Kelly Midwood

Saltus, 2 Bluegrey Avenue, unit G06:
Features: 103m², 3 bedrooms, covered patio, 2 parking spaces
Outgoings: body corp levy $4222/year
Outcome: sold for $830,000
Agents: Kelly Midwood

Isthmus west

Eden Terrace

Eden Terrace, 11 Charlotte St, unit 1J:
Features: 2 bedrooms, 2 parking spaces
Outcome: sold prior
Agents: Livia Li & Alan Guo

De Rohe, 10 Flower St, unit 107:
Features: 55m², 2 bedrooms, secure parking space
Outgoings: body corp levy $3959/year
Outcome: sold for $326,000
Agents: Estee Zeng

Attribution: Auction.

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Vacant boarding house, 7 apartments & suburban units sell at Barfoots

A vacant North Shore boarding house, a cbd apartment and 6 suburban residential units sold through Barfoot & Thompson’s auction on Wednesday, including 2 units sold prior.

CBD

Hobson St

Imperial Gardens, 135 Hobson St, unit 218:
Features: 52m², 2 bedrooms, 2 bathrooms (one an ensuite), secure parking space, storage room
Outcome: withdrawn from auction
Agent: Simon Cai

Fiore, 152 Hobson St, unit 1206:
Features: 2-bedroom penthouse, 2 bathrooms, large balcony, secure parking space
Outcome: passed in
Agent: Jason Li

Learning Quarter

Connaught, 14 Waterloo Quadrant, unit 5F:
Features: 2 bedrooms, secure parking space
Outgoings: body corp levy $6791/year
Outcome: sold for $665,000
Agents: Aaron Cook & Betty Shao

Viaduct Harbour

The Point, 121 Customs St West, unit 210:
Features: leasehold, 2 bedrooms, 2 bathrooms, deck, secure parking space
Outgoings: body corp levy $7568/year, ground rent $13,338/year
Outcome: no bid
Agents: Philip Davis & Paul Humphries

Isthmus east

Kohimarama

68 Hawera Rd, unit 2:
Features: one bedroom, carport, offstreet parking
Outcome: sold for $579,000
Agent: Helen Clelland

Newmarket

8 Sarawia St, unit 4:
Features: 2 bedrooms, courtyard, offstreet parking
Outgoings: body corp levy $900/year
Outcome: sold for $665,000
Agent: Alex Baker

Parnell

28 Balfour Rd, unit 302:
Features: 149m², 3 bedrooms, 2 bathrooms, 11m² deck, 2 parking spaces
Outgoings: body corp levy $5654/year
Outcome: passed in
Agents: Cindy Yu & Bobby McMillan

Mirage, 88 The Strand, unit 503:
Features: leasehold, one bedroom, carport
Outgoings: body corp levy $9825/year
Outcome: no bid
Agents: Bella Stefano & Sherry Shao

Remuera

38 Arney Crescent, unit 3:
Features: 2 bedrooms, 2 bathrooms, study, deck, carport, offstreet parking space
Outcome: sold prior
Agents: Alex Baker & Julie Fitzpatrick

660 Remuera Rd, unit 2:
Features: 3 bedrooms, 2 bathrooms, basement workshop, garage + 2 carport spaces & offstreet parking
Outcome: sold prior
Agent: Kaye Dobson

14B Ventnor Rd:
Features: 3 bedrooms, 3 bathrooms, family room & separate lounge, study, covered balconies, 3-car garage, small garden
Outgoings: body corp levy $20,213/year
Outcome: sold for $2.925 million
Agents: Nicholas Lyus & Julia Nah

Isthmus west

Avondale

2, 4 & 6 Eastdale Rd:
Features: 3 2-bedroom brick & tile units, each with covered parking space
Outcome: passed in at $1.52 million; units also passed in individually, No 6 at $530,000, No 2 at $470,000, No 4 at $450,000
Agents: Rick Taylor & Brett Turnbull

Mt Eden

61B Balmoral Rd, unit 4:
Features: 2 bedrooms, brick & tile unit, carport
Outcome: sold for $650,000
Agents: Sara Knight & Vern Hines

Mt Roskill

81 Swan Rd, unit 2:
Features: 2 bedrooms, deck, single garage
Outcome: sold for $495,000
Agent: Heather Hannah

North-east

Takapuna

42 Northcote Rd:
Features: 1324m² site, recently refurbished 14 bedrooms, 25 beds, parking
Outcome: sold for $2.06 million
Agents: Jim Liu & Cam Paterson

Attribution: Auctions.

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5 Shore leases and a Fiore shop sale signed

Bayleys North Shore agents have recorded 3 leases in the Wairau Valley among 6 transactions in August-September. The one sale was of a shop in the Fiore apartment block on Hobson St, across in the Auckland cbd.

Sales

CBD

Victoria Quarter

164-168 Hobson St, shop 2:
Features: 56m² shop, one parking space
Outcome: sold for $566,521 + gst
Agent: Terry Kim

Leases

North-east

Glenfield

575 Glenfield Rd, unit 5A:
Features: 115m² shop
Rent: $45,000/year + gst + opex at $391/m²
Agents: Terry Kim & Damian Stephen

Takapuna

71 Barrys Point Rd, unit 3:
Features: 119m² office, 5 parking spaces
Rent: $47,760/year + gst + opex at $270/m²
Agent: Michael Nees

Wairau Valley

11 Colway Place, unit 2:
Features: 158m² – warehouse 111.56m², office 46.8m², 2 parking spaces
Rent: $22,000/year net at $139/m²
Agent: Colin Harper

49 Porana Rd, unit 2:
Features: 135m² warehouse, 2 parking spaces
Rent: $17,500/year net at $135/m²
Agent: Adam Watton

8 Target Court, unit 1:
Features: 1277m² site – warehouse 192m², yard 1085m²
Rent: $40,000/year net
Agent: Trevor Duffin

Attribution: Agency release.

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Character loft sold

A character-filled apartment in Hobson Lofts, on Hobson St – exposed brickwork, beams & ceiling timber – was sold at Bayleys’ residential auction on Wednesday.

CBD

Victoria Quarter

Hobson Lofts, 203 Hobson St, unit J:
Features: one bedroom loft, high stud
Outgoings: rates $1584/year including gst; body corp levy $2894/year
Outcome: sold for $415,000
Agents: Diane Jackson & Julie Prince

Attribution: Agency release.

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First use of council heritage fund is for Wong Doo building & Airedale cottages

Auckland Council will use its built heritage acquisition fund for the first time to refurbish the historic Wong Doo building (1884-85) at the corner of Hobson & Cook Sts and Airedale Cottages (1856) on Airedale St in the cbd.

The battle for the Wong Doo building was itself becoming historic – dating back to 2005, when councillors on the old Auckland City Council made a clear statement that the rules on knocking down old buildings had changed, even if consents for demolition & construction were in place.

The Wong Doo building in 2006, before the first Fiore apartment tower was built beside it.

The Wong Doo building in 2006, before the first Fiore apartment tower was built beside it.

Dae Ju Developments Co Ltd (now KNZ International Co Ltd, a sister company to the present developer, KNC Construction Ltd) was given the blunt option at a council planning fixtures committee meeting in April 2005: Agree to hold off & consider incorporating existing buildings in the new development, or have the application publicly notified.

Former city planner John Childs, acting for Dae Ju, chose the defer-&-consider option. He’d arrived at the council committee meeting unaware that heritage campaigner Allan Matson had asked the council 3 months earlier to instigate a plan change to schedule the buildings at 152-160 Hobson St, for which Dae Ju won demolition consent in 2004.

Dae Ju had intended to build linked twin apartment towers but, after striking Mr Matson’s heritage campaign, went on to build only the first 18-storey Fiore apartment building. The Korean-owned company was allowed to demolish a row of Edwardian shops to make way for the first 120-unit Fiore on Hobson apartments, and used the Canvas City building as a base for its construction team.

The Wong Doo building – last occupant Canvas City – will return to its dual retail & residential roots, at the foot of the second Fiore apartment building.

KNC Construction Ltd chief executive Ben Lee said the building would add unique character & value to the company’s planned Hobson Fiore II shopping & residential complex: “We did buy the building initially with the intention of pulling it down and starting from scratch, but we are very happy with this joint venture with Auckland Council and what we will be able to offer both residential & retail tenants.”

The Wong Doo building previously held a textile & fireworks business run by Chinese community figure Thomas Wong Doo and was a hub for the local Chinese community in the mid-20th century.

Historic Places Trust’s northern general manager Sherry Reynolds said both the Wong Doo building and the Airedale cottages were an important part of the heritage landscape of Auckland’s city centre: “The Wong Doo building dates back to the 1880s and has particular significance for its strong connections with the Chinese community over the past century through the Wong Doo family.

The cottages at 30-32 Airedale St in 2008.

The cottages at 30-32 Airedale St in 2008.

“The Airedale cottages are also important as rare examples of mid-19th century workers’ housing in central Auckland dating back to the first 20 years of the city’s foundation – which makes them particularly special.

“The Historic Places Trust is pleased that a very positive heritage outcome has been achieved for these 2 heritage buildings, and congratulates the council for its strong leadership both in developing the built heritage acquisition fund and making the decision to invest funds into these 2 very significant buildings.”

The council established the acquisition fund in 2011 to acquire at-risk heritage buildings and other built features that might suffer from destruction by neglect, with the intention of restoring and then onselling them.  Under the fund, the council can acquire at-risk buildings, restore them or ensure they are restored, then onsell them with legal protection in place after a short-term hold.

Various buildings in inner-city, suburban & maritime settings are under consideration for support from this fund, which was started with $10 million in 2011 and accumulates a further $2.9 million/year.

Mayor Len Brown said after the council’s parks, recreation & heritage forum made the funding decision this week: “This is an excellent outcome for the first use of the fund. We are saving a piece of Auckland history as part of a project which will inject new investment, retail & residential use into an area which needs revitalisation.”

Forum chairwoman Sandra Coney said the 2 buildings would contribute great character to their neighbourhoods” “They are good demonstrations of the role that restored heritage buildings have to play in providing a rich urban landscape and adding to our quality of life.

“This is one tool the council has to address Auckland’s all-too-common problem of heritage demolition by neglect, when owners don’t have the inclination – or far more commonly, the funds – to restore buildings which are important parts of Auckland’s history.”

Links: Historic Place Trust, Airedale Cottages

Attribution: Council release, photos & background by Bob Dey.

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Council agrees to compromise allowing development above Wong Doo building

Published 23 December 2011

The Auckland Council resolved yesterday to conclude a settlement agreement with Dae Ju Housing Co Ltd which will enable the partial retention of the Wong Doo building at the corner of Hobson & Cook Sts and development of an 82-unit apartment block above it.

 

The new building would be cantilevered over the Hobson St frontage of the Wong Doo building (last occupied as Canvas City), but set back from the Cook St frontage (which I see I’ve sometimes previously referred to as being on Mayoral Drive, a road which starts a block away).

 

The fate of the old building has been in the balance since April 2005, when Dae Ju was about to demolish what was then Canvas City to make way for a 259-unit apartment block. Although Dae Ju had consent to demolish some neighbouring old buildings, an Auckland City Council committee put an ultimatum to the company when it sought consent to demolish Canvas City: Agree to hold off & consider incorporating existing buildings in the new development, or have the application publicly notified.

 

Dae Ju held off the Canvas City part of the project, splitting the development into 2 parts, building the 18-storey 146-unit Fiore apartment block at 152-160 Hobson St and entering a 7-year battle to develop the corner site at 164-168 Hobson St, across the road from the Central Police Station.

 

Under the settlement agreement which the council approved yesterday, the council will modify its heritage notice – notified on April to prevent demolition – and issue a new resource consent for partial demolition. The council will pay the costs associated with the heads of agreement from its heritage acquisition fund.

 

Precise details on retention costs haven’t been disclosed. Although the subject was on the council’s open agenda yesterday, some of the detail was put in the confidential section of the agenda. Planning consultant Mark Vinall said in his report that Dae Ju believed the council had under-estimated the cost of retention. Those figures and details of valuation & quantity surveyor feasibility studies were kept confidential in a separate report.

 

Dae Ju proposed a 14-storey serviced apartment building for the corner site, containing 84 one- & 2-bedroom units and a single level of basement parking accessed from Cook St. It would have had commercial floorspace at the ground & first-floor levels.

 

To retain the whole of the Wong Doo building, the council proposed an L-shaped development, 14 levels, 72 apartments, no basement, commercial & retail on the ground & level 1.

 

The compromise is a 14-storey building containing 82 one-bedroom apartments, with a partial basement outside the Wong Doo footprint for storage & utilities.

 

The floor area differences are:

Dae Ju’s proposal, 6494m² above ground, representing 84.8% of the maximum site gross floor area of 7657m²Council proposal, 5697m², 74.4%, difference of 797m² but this scheme could have claimed a (marketable) 2008m² heritage floorspace bonusCompromise, 6345m² above ground, 82.8%, difference of 149m².

Mr Vinall said in his report the compromise proposal would retain the whole of the exterior & interior of the corner shop tenancy at both levels, and the full shop frontages on Hobson St, but the 2 rear tenancies on Hobson St would be demolished, although the ground-floor spaces within then “can generally be reconstructed to the current configuration”. The existing upper-floor level would be reconstructed to a varying depth of 4-6m.

 

The compromise gets the council out of having to buy the old building and also saves an estimated $2-300,000 for an Environment Court hearing on the council’s notice of requirement for a permanent heritage order.

 

But Dae Ju still wants the council to take contractual responsibility for the heritage component of the project, saying the company has little experience in working with heritage buildings.

 

The Wong Doo building was constructed in 1885 with shop space at ground level, living areas behind & bedrooms above. It had load-bearing un-reinforced masonry with timber-framed floors & walls.

 

Earlier stories:

17 May 2009: Dae Ju gets new consent to knock down Canvas City building

17 April 2009: Dae Ju revives Canvas City demolition plan as it puts Elliot Tower on hold & redesigns Star site building

3 January 2007: Council schedules 7, rejects economic disadvantage arguments

13 December 2006: Dae Ju can knock down Canvas City lean-tos, and escapes hefty bond

15 November 2006: Dae Ju reveals plans for $450 million apartment tower

17 May 2006: Dae Ju gets consent for 35-storey apartment block on old Star site

21 April 2006: Heritage campaigner battles on to save Canvas City from demolition for new development

27 March 2006: Office consent sought for Hobson St site – and heritage opposition continues

9 May 2005: Canvas City plan change somewhere in the system

5 April 2005: Councillors hold up Hobson St demolition with theme of “heritage capital”

 

Want to comment? Go to the forum.

 

Attribution: Council meeting & agenda, story written by Bob Dey for the Bob Dey Property Report.

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Dae Ju gets new consent to knock down Canvas City building

Published 17 May 2009

Dae Ju Housing Co Ltd has won new approval to knock down the former Canvas City (and ex-Wong Doo) building on the corner of Hobson St & Mayoral Drive, opposite Auckland’s central policy station.

 

Dae Ju got demolition consent in early 2005, when it planned to develop an apartment complex across 2 titles, but the company then faced a growing campaign – along with owners of a handful of other old cbd buildings – to retain the 120-year-old structure.

 

As that campaign wore on, Dae Ju went ahead with its 120-unit Fiore on Hobson apartment block but held off developing the corner site at 164-168 Hobson St, occupied by Canvas City until 2005.

 

Dae Ju went back to the council last month to have its demolition consent confirmed and, after a hearing on 22 April, hearing commissioner Alan Dormer has granted a new 5-year demolition consent.

 

Planning consultant Joshua Arbury, for the Historic Places Trust, argued that the restricted controlled activity status of the demolition proposal didn’t stop the council from imposing conditions to ensure demolition of the building couldn’t start until the long-term redevelopment of the site had been consented to and was imminent, to preserve the site’s amenity value.

 

But Mr Dormer said if the council wanted the right to impose such a condition, it would have been a simple matter for that to have been included.

 

He also rejected a shorter consent period, saying that would only hasten demolition: “Given its historic qualities, the longer the period of consent the better, thereby enabling further discussions on possible alternatives.”

 

Mr Dormer said Alan Matson, of the Auckland Society for Amenity Protection and a leading campaigner for preservation of historic (but necessarily heritage-scheduled) buildings, concluded in his written submissions that complete demolition should be sanctioned, but that conditions should be imposed to take account of heritage matters as provided for in the central area plan.

 

Mr Matson submitted that heritage effects were a relevant matter over which the council had reserved its control by virtue of district plan clause 5.6.1.1 & its reference to part 15 & subsequent reference to the fourth schedule of the Resource Management Act.

 

Mr Dormer said main findings of fact from the hearing included:

 

It’s unnecessary to rule on the historic qualities of the building; that issue is determined by virtue of the council having resolved to adopt plan change 7. The consideration of the application is required to proceed on the basis of the building having qualities that warranted the decision to embark on the plan changeAll parties agreed the application should be considered as a restricted controlled activity, but Mr Matson drew attention to a possible deficiency in the application documents –  there might have been no valid application until the council’s further information requests had been satisfied, well after notification of the proposed plan changeHowever, the council made a positive decision that the application was adequate and shouldn’t be rejected. That decision must stand, unless set aside by the High CourtAccordingly, the application had to be considered as a restricted controlled activity and therefore had to be granted. The only issue then was the nature of the conditions that might be imposed.

 

Mr Dormer said if the council had wanted to impose conditions beyond the standards – edge treatment, the time a site could be used for a temporary purpose and amenity standard, including provision of a landscape plan, and payment of a bond – it would have specified them.

 

Earlier stories:

17 April 2009: Dae Ju revives Canvas City demolition plan as it puts Elliot Tower on hold & redesigns Star site building

3 January 2007: Council schedules 7, rejects economic disadvantage arguments

13 December 2006: Dae Ju can knock down Canvas City lean-tos, and escapes hefty bond

15 November 2006: Dae Ju reveals plans for $450 million apartment tower

17 May 2006: Dae Ju gets consent for 35-storey apartment block on old Star site

21 April 2006: Heritage campaigner battles on to save Canvas City from demolition for new development

27 March 2006: Office consent sought for Hobson St site – and heritage opposition continues

9 May 2005: Canvas City plan change somewhere in the system

5 April 2005: Councillors hold up Hobson St demolition with theme of “heritage capital”

 

Want to comment? Go to the forum.

 

Attribution: Hearing decision, story written by Bob Dey for the Bob Dey Property Report.

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