Archive | Wainui

$15,000/m² for 40-year-old apartment, $47,300/ha for Wainui farm

Bidders came & went, and at $860,000 a unit in a 12-apartment block in St Marys Bay was on the market. With the auctioneer’s hammer almost into the downswing, a new bidder entered the fray, the jousting went in thousands, $500s & $5000s and the late bidder won the contest at an even $1 million.

This was the only apartment up for auction at Bayleys yesterday and it attracted a large audience, as is often the case with highly prized areas.

The auction came a day after the Real Estate Institute warned that the Auckland residential market appeared to have only glimpsed at cooling before continuing upward again. For this 1970s unit, assuming $150,000 for parking, the price would still be around $15,000/m² internal – around the price developers are seeking for new central apartments being marketed.

The price of an apartment a short walk from Ponsonby Rd can’t easily be compared with the value of a small farm just outside the northern urban growth zone, but a short drive from the new motorway ramp at Wainui.

Being outside the future urban zone of the proposed unitary plan, the farm is “just” a farm.

Isthmus west

St Marys Bay

1G Caroline St:
Features: 57m², 2 bedrooms, Juliette balcony, 20m² courtyard, single garage + one offstreet parking space
Outgoings: body corp levy $3105/year
Outcome: sold for $1 million
Agent: Suzie Paine

Earlier story:
13 April 2016: Median house sale prices hit new records

North-east

Wainui

The farm at 283 Monowai Rd, Wainui.

The farm at 283 Monowai Rd, Wainui.

283 Monowai Rd:
Features: 40.25ha beef & sheep farm, rolling hills, elevated views, water supply, 3-bedroom home plus barns & sheds
Outcome: sold for $1.905 million at $47,329/ha
Agents: Karen Asquith & Graeme Mann

Attribution: Auction.

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Cleanfill proposed for Wainui

Published 7 April 2008

Jurisdiction: Rodney District

 

Neighbourhood: Wainui

 

Applicant: Kahikatea Land Ltd (Craig Beecroft, Dairy Flat; & Warren Dryden, Remuera)

 

Application detail: Whitehills Rd, application for consent for a cleanfill activity in the general rural area, which is non-complying

 

Notification date: 3 April

 

Submission closure date: Monday 5 May

 

Other details: Mr Beecroft is a director of Cavanaugh Finance Ltd, Fountainhead Family Trust Ltd, Gervin Rd Farm Ltd, Gulf View Trust Ltd, Horseshoe Bush Farming Trust Ltd, Horseshoe Bush Rental Investment Ltd, Kauri Heights Ltd, Kauri Park Farm Investment Ltd, Matakana Lifestyle Trust Ltd, Nature View Ltd, Northern Lights Trust Ltd, Panorama Estates Ltd, Rixington Group Ltd, Summervale Holdings Ltd & Sunny Valley Farm Investment Trust Ltd. Mr Dryden is a director of Dryden Property Ltd & Pania Custodians Ltd. McLeod Group Ltd (John Baker, city; & 2 directors who joined him in a newly incorporated McLeod Group last year, Shane Albrecht, Mt Eden; & Anthony Dainty, Freemans Bay) has a large minority interest.

 

Want to comment? Email [email protected].

 

Attribution: Council notice, story written by Bob Dey for this website.

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Proposal for Kelly Park film zone notified

Published 19 December 2007

Jurisdiction: Rodney District

 

Neighbourhood: Wainui

 

Applicant: Council

 

Application detail: 909 Haruru Rd, plan change 108 to the operative district plan, and variation 110 to the proposed district plan, introduction of Kelly Park special zone.

 

The plan change & variation introduce the special 28 film zone to land known as Kelly Park, a 400ha rural property being used for film activities. The plan change & variation would allow for film-related activities including buildings, “while retaining the essential elements of the rural character of the site and the role it plays in the local area”.

 

Notification date: 18 December

 

Submission closure date: Monday 25 February

 

Website: Kelly Park special zone pdf

 

Earlier story:

8 April 2001: ARC versus an equestrian park

 

Want to comment? Click on The new BD Central Forum or email [email protected].

 

Attribution: Council notice, story written by Bob Dey for this website.

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