37 minute read
AGE School
AGE Sports Academy is excited to announce the launch of its One Day Football School in collaboration with Auckland United Football Club in Term 2, 2022.
The establishment of AGE’s Sports Academy provides an opportunity for learners to follow their passions alongside professional coaches, trainers and educators who individualise their programmes to support personal excellence.
The integration of high-quality coaching with a football-specific learning programme is delivered by top-class qualified player development coaches and registered teachers one day each week.
Designed for years 5-8, this one day school offers the opportunity for the development of skills, strategy, and essential knowledge to enable young athletes to be physically and mentally prepared for a career in their chosen sport. The Sports Academy aims to build powerful learners who are confident and capable of setting and achieving challenging goals within and beyond the classroom. JO DAWKINS
Director of Football & AUFC Academy Director
Jo is an OFC A Licence coach with a wealth of experience, as Director of Football for one of New Zealand’s best player development programmes over the past 5 years. Jo is also a member of the New Zealand High-Performance Coaches network and a former New Zealand Football player of the year nominee.
ANDREW KINGSTON
Lead Learning Coach Qualifications
BSc Sport & Exercise Science Graduate Diploma in Teaching NZ Registered Teacher
Young athletes have a vast array of skills that enable them to learn and perform at a high level. Andrew is a highly experienced teacher who designs learning experiences that nurture and develop these skills within the classroom, in a context that engages many learners. Andrew is motivated to support the sporting endeavours that our young tamariki engage in, whilst providing a robust education plan to support their growth and development as learners. He aspires to provide a Sports Academy where individual talents are celebrated and a culture of growth is encouraged.
BRAD BICKNELL
Junior Development Manager, U17 & U23 Head Coach, First Team Assistant Coach
Qualifications
OFC B Licence OFC GK C Licence NZF Junior Level 3
A coach passionate about the development of young players, Brad is in his third year of coaching at Auckland United. Brad holds many responsibilities at the club, he coaches the U17s, U23s and assists with the First Team as well as leading our coach education and managing our junior programmes. Brad’s contribution to the academy has seen 7 of his U17 players make their Premier Men’s debut in the past 2 seasons. ROSS HAVILAND
Academy Head Coach Qualifications
OFC B Licence
Ross has led the onfield development of the Auckland United Junior Academy for the past several seasons and manages the Junior Academy curriculum. Ross is a specialist in the technical development of players and currently coaches Auckland United F.C U12 and U15 groups.
For more information contact us at AGE School
Tammy McLeod (BA LLB) is the managing director at Davenports Law and a trust and asset structuring specialist. Tammy leads the Davenports Trust Team and enjoys providing clients with advice and assistance on a broad range of issues involving the structuring and establishment of asset plans, interpretation of trust deeds, the management and administration of trust funds and trust disputes. An important part of Tammy’s practice is reviewing existing asset holding structures to ensure they achieve the needs and requirements they were established to meet. She is also experienced in Property (Relationships) Act issues and advises clients on both contracting out agreements and separation.
Lesson Learned
Tammy McLeod.
Despite a recent cooling of the market, New Zealand remains one of the most expensive places in the world to buy a home. Many young people can only get onto the property ladder with a leg up from Mum and Dad. For parents who can, a financial contribution is a wonderful way to secure their children’s future. However, there are a number of potential pitfalls, a tough lesson that John, Pam and their daughter Stacey learned the hard way.
John and Pam were by no means wealthy, but they were in a comfortable financial position entering retirement. The family home had become too big, so they decided to downsize to a townhouse, using some of the difference in value to help their daughter and her new husband into their first property. They had been concerned for some time that the couple wouldn’t be able to save enough for a deposit without their support.
Recently married, Stacey and Matt found a two-bedroom unit listed for $1m, perfect for their first home. Between their savings and Kiwisaver, they had enough for a 15% deposit. John and Pam offered to lend them $150,000 which would boost them to a 30% deposit, leaving them with a $700,000 mortgage.
Stacey and Matt went to see a mortgage broker who said that the bank wouldn’t accept the money as a loan from John and Pam – it had to be a gift, otherwise it wouldn’t be included as part of their deposit. Stacey and Matt were eager to get their offer in quickly – even though the market had slowed, there were still very few properties in their price bracket. So, in the rush to make an offer, John and Pam made the mistake of not seeking legal advice. They simply signed a gifting document supplied by the broker and handed over the money. The offer was accepted and soon Stacey and Matt took ownership of the unit.
Initially, the couple were very happy in their home. However, about two years into their marriage, cracks started to appear. Finances were tight and they started arguing about money. Stacey wanted to start a family, whereas Matt still liked the life he had at university – late nights out at the pub with his friends and not ready to be a family man. Eventually Stacey and Matt agreed to separate, sell the unit, and move on. The unit was sold for $1.2m, $200,000 more than what they paid for it. When Stacey went to see a lawyer, she explained that her parents had put $150,000 into the house. Her expectation (and John and Pam’s) was that the money would be repaid or at the very least, Stacey would take the $150,000 in priority to Matt.
However, Matt’s lawyer advised him that when the money was gifted toward his and Stacey’s family home — a relationship property — it had become “intermingled” and he was legally entitled to half of it.
John and Pam were shocked to say the least. They consulted Stacey’s lawyer to find out what, if anything, could be done and what they could have done differently to avoid this situation. She told them the truth - that they should have sought legal advice at the time of gifting the money.
She explained that banks will accept limited loan agreements rather than gift documents in these scenarios. By that she meant a loan agreement where it is agreed that the loan won’t be called up unless the property is sold and the lender won’t register any security (e.g a caveat) against the property. This agreement would have been signed by Stacey and Matt. Alternatively, to gift the money (if there was no intention for it to be repaid) to Stacey, she and Matt would have entered into a “contracting out agreement” ensuring that the money gifted by John and Pam would remain Stacey’s separate property.
In the end, Stacey tried appealing to Matt’s better nature, but the relationship was so broken, and Matt was so angry and bitter, he refused to walk away with anything less than his legal entitlement.
There are many ways of structuring loans and gifts from The Bank of Mum and Dad. Seeking sound legal advice is the essential first step in understanding your options and protecting your family investment.
Tammy McLeod, Managing Director, Davenports Law
09 883 3282 DAVENPORTSLAW.CO.NZ
Unveiling the Veil Accountancy with Mike Atkinson of Bellingham Wallace. – Time to Tidy Up our Trusts
Mike Atkinson.
In line with the recent changes made to the Trust Act (2019) that came into force on 30th January 2021, the Inland Revenue Department has now published their operational statement (22/02) that sets out the reporting requirements for domestic trusts.
Just a few weeks ago, it was still uncertain how the IRD was going to implement these requirements for the recently released Income Tax Returns for the 2022 fiscal year (to 31st March 2022).
It is important to remember the changes introduced by the Trust Act 2019 that presented, amongst other changes, the following information requirements:
Retention of information: The Act requires trustees to keep core trust documents, including: • Documents setting out the terms of the trust and variation of those terms • Records for trust property and their value • Records of trustee decisions • Contracts • Financial Statements • Memorandum of wishes by the settlor • Any other documentation relating to the administration of the Trust
The trust also has a savings account and has advised their bank to deduct withholding tax from interest earned at 33%. The total interest earned for the 2022 fiscal year is less than $200.
The Trust has an IRD number and Mike has historically filed an Income Tax return for the trust returning only the interest income. The trust meets the criteria for non-active status so completes a non-active declaration form for trust (IR633) and sends it to the Inland Revenue Department.
Whilst it continues to meet the relevant criteria the trustees no longer have any obligation to file a tax return and therefore that are not required to comply with the new additional information disclosures.
Note that, if at any stage in the future the trust no longer meets the relevant criteria for being non-active, the trustees must let the IRD know and start filing annual income tax returns.
Example 2 – eligible for non-active status but no declaration made
Same scenario as described in example 1, except for the fact the trustees have not completed a non-active declaration and is required to file an income tax return.
In addition, as the trust has derived assessable income and is required to file an income tax return, the trustees will be required to comply with the full disclosure requirements.
Additional disclosures
• a statement of profit or loss and a statement of financial position • the amount and nature of all settlements made to the trust in the income year (excluding minor services incidental to the activities of the trust provided at less than market value) • the name, date of birth, jurisdiction of tax residence, and tax file number/taxpayer identification number of all settlors who have made a settlement on the trust in the income year, or settlors whose details have not previously been supplied to Inland Revenue • the amount and nature of all distributions made by trustees of the trust in the income year (excluding minor, non-monetary distributions that are incidental to the activities of the trust) • the name, date of birth, jurisdiction of tax residence, and tax file number/taxpayer identification number, of all beneficiaries receiving such a distribution • the name, date of birth, jurisdiction of tax residence, and tax file number/taxpayer identification number, of each person having a power of appointment under the trust deed (including the power to appoint or dismiss a trustee, add or remove a beneficiary, or amend the trust deed).
Financial Statements: In addition to the filing and disclosures mentioned above, from 31 March 2022 most trusts will also have to prepare financial statements. Unless a trust is a non-active complying with no income or income of $200 or less in interest (Examples 1 and 2 above), it will have to prepare financial statements. While these financial statements are not filed with the income tax return, they must be available if the Inland Revenue requests to see them.
Should you need support with any of these new requirements, please contact the advisors at Bellingham Wallace led by Mike Atkinson and we will be able to assist you and point you in the right direction.
Disclosure of information: One of the most fundamental changes introduced by the Act is the presumption that all trustees must make available basic trust information to every beneficiary and general trust information to be made available to beneficiaries who might request it. Albeit, before providing the information the trustees must consider different factors and make a reasonable assessment before disclosing this information. It is important to seek legal advice in order to be prepared for this information disclosures and assess in what cases trustees can withheld providing some information.
IRD reporting requirements for the 2022 fiscal year: In a nutshell the new reporting requirements for domestic trusts are as follows: • Must file an income tax return • Must comply with additional disclosures • Must prepare financial statements
The additional disclosures are information boxes that will need to be completed with the Trust’s income tax return.
There are some Trusts who are exempted from the additional disclosures but must file a tax return, such as: foreign trusts, charitable trusts, trusts that are eligible to be Māori Authorities, widely-held superannuation funds, exempt employee share schemes, debt funding special purpose vehicles and lines trusts.
Don’t panic! Some examples that are relevant to your personal Family Trust
1. Non-active complying trusts with NO income are exempt from the 3 requirements mentioned previously 2. Non-active complying trust with income of $200 or less in interest income are also exempt, provided they complete a non-active declaration form (IR633)
Some examples published by the IRD on the OS22/02 that will provide some clarification to your personal circumstances
Example 1 – non-active status
The Mike Anderson Trust owns a residential property that is occupied by Mike Anderson (beneficiary of the trust). The holding costs of the of the property (rates and insurance) are paid by Mike, and he does not pay rent to the trust.
Visit: www.bellinghamwallace.co.nz
By Kesha Meredith of Schnauer and Co., Registered Legal Executive (Fellow), a friendly and empathetic legal executive with a background in trusts and a specialty for estate planning. With a huge variety of expertise across estates and trusts administration, Kesha has the fantastic ability to provide a smooth process for clients. She is passionate about working with families to help them get closer to their desired outcomes.
Kesha Meredith
What happens if someone dies without a Will?
Losing a loved one is incredibly stressful for those left behind. This stress can be compounded when the deceased has not left a Will setting out how they wish their assets to be dealt with. Many people mistakenly believe that when a person dies without a Will, their Estate is paid to the Crown (Government).
When a person dies without leaving any form of testamentary intentions (an intestacy) a formal process must be entered into to enable the appointment of an Administrator, who is then charged with administration of the Estate in accordance with the terms of the Administration Act.
If the Estate is worth over $15,000, or involves real estate or an occupation licence, formal Letters of Administration can be granted to the deceased’s closest family member or the person who stands to benefit most from the Estate. If the deceased did not have any family, or have any family who are willing or able to apply, then an application can be made to the High Court, who can appoint an independent Administrator.
Prior to beginning the process for Letters of Administration, a thorough search of the deceased’s papers must be undertaken to ascertain whether a Will exists. If nothing is uncovered from a search of the deceased’s papers, an advertisement should be placed in the local Law Society branch newsletter searching for a Will. All solicitors check these advertisements, which appear weekly, and search their records to see if the persons named in the advertisement have ever been a client of the firm. The Law Society will advise whether or not a Will has been located within 3 weeks of publication of the advertisement. A paternity search must also be obtained from the Department of Internal Affairs, together with consents from those with a beneficial interest in the Estate.
Once Letters of Administration have been granted, the appointed Administrator must call in all Estate assets, advertise for Creditors, ensure tax matters of the deceased are up to date (if required), and pay any debts of the deceased. A statutory period of 6 months must be enforced that runs from the date of grant of Letters of Administration during which capital distributions should not be made. This 6 month statutory period exists to protect the Administrator from personal liability in the event of a successful claim being made against the Estate.
Distribution of Estate funds in an intestacy must be carried out in accordance with the provisions of s77 of the Administration Act 1969. Funds are only distributed to the Crown in the event that the deceased left no surviving spouse, civil union or de-facto partner, children, parents, siblings or grandparents. The Crown holds the funds “bona vacantia”, and any dependents of the deceased (or other persons for whom the deceased might reasonably have been expected to make provision) may request the Crown to do something with the Estate funds.
Bearing the above in mind, it is far more preferable, and cost effective, to leave a Will setting out your wishes, to ensure that your Estate is distributed to those you hold dear.
Schnauer & Co, 1 Shea Terrace, Takapuna 09 486 0177, www.schnauer.com
Kristin graduates are future ready
David Boardman.
Right from its inception in 1973, Kristin has had a vision to prepare our students to move out into the world and make a difference wherever they go. This in turn led to decisions around the curriculum offered and the philosophic direction of the school, developing international mindedness and ensuring that Kristin graduates are future ready.
This aligns closely with a lot of the research undertaken by the late Sir Ken Robinson, and has led me, more recently, to read work by Professor Gert Biesta who works with educators across the globe.
Professor Biesta discusses how many countries still focus on a curriculum-centred education where emphasis is placed on transferring knowledge to the student and then measuring their understanding of this. While there are slightly different methods for this, and ways of measuring progress, the end goal is always very similar. Alternatively, there is child-centred education where the focus is on the child, the talents they have and the benefits of playbased education. One of these is very popular in earlier education and we all recognise that there is a shift towards the other as students progress through school.
He goes on to suggest a third option that to some extent combines the two in a relationship, but most importantly includes how to equip the next generation to live ‘in and with’ the world. This world-centred approach considers not only the student, but also how they do and will fit into the world and to recognise its limits. It hopes to make students aware and prepared to address issues that we are currently facing, such as the ecological crisis, the democratic crisis and the ego-logical crisis, where individuals place too much emphasis on themselves and forget the wider impact their lives have.
The past two years have shown us the need for people to identify how their actions can have a wide-ranging and sometimes international impact. Our students may be facing challenges that require them to form global links, consider the impact of their decisions, not only on their own lives, but also potentially on those in countries they have never visited. Relationships, travel, economies, all aspects of life are becoming increasingly global and inter-twined. How do we prepare our students for this? How do we ensure that their focus is outward looking, rather than inward?
Many of the questions that education asks are existential questions and here at Kristin education is first and foremost a verb: something we do. Kristin students are being exposed to global issues, they are using inquiry-based learning to look at big issues, they are developing their cultural awareness and I believe they are being prepared to tackle some of these crises that are currently facing the world. Kristin students get involved in service activities, sustainability programmes, leadership, and cultural activities. Our students are future ready, and this increasingly means being prepared to take on the challenges of being a global citizen and recognising the importance of doing so.
As has often been stated when looking at global issues like climate change, the time to make change is now, before it is too late. This means that a lot may rest on their shoulders, and it is our responsibility to provide them with the skills and perspectives to meet these.
Working together to protect nature. A pesty problem…
Brushtail possums were introduced to Aotearoa New Zealand by humans for their fur a very short time ago (1837-1858), relative to how long our country and native wildlife had enjoyed a long, prosperous, and largely pest-free status until that point. It’s astonishing how much negative impact possum have had in the short time they have been browsing our forests.
Possum in New Zealand are considered a rather heavy-weight invasive pest (weighing up to 5kg) as they eat seedlings, vegetation, insects, bird eggs, chicks and even adult birds should they get the chance. They can cause certain native plants to gradually disappear, Flipping Timmy. and in this way can actually change the composition of native ecosystems and even cause the total collapse of the forest. They also take up valuable nesting space that should be for our special cavity nesters like the ruru, kākā or kākāriki. That pesky possum might also be the Chewed wax tags. cause for your lost orchard fruit, rose bushes and the banging inside your roof should they be so lucky to find a crevice.
Without natural predators in New Zealand, their numbers go unchecked. Sadly, the occasional roadside incident is not enough to make a dent in their populations and protect the New Zealand bush and all the unique native wildlife that reside here. Humans have upset the balance of our native ecology – but there is hope. You can do something about it, and with surprisingly not much difficulty.
What can you do?
Here on the North Shore, in a mostly urban environment with a smattering of lifestyle blocks and rural areas, we can easily trap possum. There are a number of kill-traps out there that deliver easy, fast and humane control of this animal pest. The Flipping Timmy and Trapinator are good options. These traps are affixed directly to a tree up off the ground which makes them extra safe for other backyard visitors. The possum smells a tempting treat (a small amount of apple and cinnamon, a BLAZE or a specific possum lure – NOT meat), and knows no more. Your contribution by putting one of these in your backyard if you hear, see or suspect possum (especially if you back onto a bush reserve) is a good idea, one which your local pest free community group can support you with. You should start seeing the fruit of your effort in the increased bird song around you, the native seedlings springing up in the forest and the fact you actually get to eat some of those feijoas.
There are several environmental networks across Auckland’s North Shore that support communities to identify and control pest animals like possum, rats and mice. Many even have free devices you can borrow. We suggest you contact them so you can be a happy, confident trapper:
Possum eating bird egg – Ngā Manu Images.
East Coast Bays and Hibiscus Coast, Restore Hibiscus & Bays info@restorehb.org.nz, restorehb.org.nz/resources-pest-plants/ Facebook.com/RestoreHB
Kaipātiki, Pest Free Kaipātiki (PFK), enquiries@pestfreekaipatiki.org.nz https://www.pestfreekaipatiki.org.nz/myrtle-rust Facebook.com/pestfreekaipatiki/
Takapuna, Pupuke Birdsong Project, enviro@takapunatrust.org.nz Facebook.com/pupukebirdsongproject
Devonport Peninsula, Restoring Takarunga Hauraki pestfreedevonport@gmail.com, Facebook.com/restoringtakarungahauraki/
Upper Harbour, Upper Waitematā Ecology Network (UWEN) info@upperharbourecologynetwork.org Facebook.com/ @upperwaitemataecologynetwork
For advice on chemical-free alternatives, Kaipātiki Project community@kaipatiki.org.nz kaipatiki.org.nz Facebook.com/kaipatikiproject
This monthly feature is a collaborative initiative between Restore Hibiscus & Bays, Pest Free Kaipātiki Restoration Society, Pupuke Birdsong Project, Restoring Takarunga Hauraki, the Upper Waitematā Ecology Network and Kaipātiki Project. Building on Te Ao Māori principles of kaitiakitanga and whanaungatanga, these environmental networks bring our communities together to foster guardianship, care and respect towards our whenua, natural world and indigenous wildlife.
with Lindsay Knight
Possible double for North Harbour clubs
North Harbour, through the Birkenhead and Takapuna clubs, could, later this year with a little bit of luck, secure a rare double when the national inter-club sevens titles are decided, probably in Wellington in midNovember.
Birkenhead has qualified for the men’s play-off and Takapuna, for a second consecutive year, for the women’s. But what has made the 2021-22 interclub sevens title a little more challenging has been a more protracted qualifying process, largely caused by the pandemic disruptions.
As well as winning the centres' finals both Birkenhead and Takapuna had to go through regional play-offs, meaning that the Harbour clubs had to overcome clubs from Auckland, Northland and Far North. To decide the national winner each of them will be opposed only by five other regional winners.
Birkenhead will be up against Manurewa Cosmopolitan, Hastings, Paritutu (Taranaki), Elmwood Park (Canterbury) and Alexandra.
The Takapuna women, spearheaded by Black Jack Selina Goddard, will clash with Thames Coast, Martinborough, Naenae 00, Elmwood Park and Queenstown.
Evan Thomas, from the Birkenhead team, and Graham Dorreen, Takapuna’s manager-coach, believe that the highly competitive, arduous qualifying pathway has been great preparation for the national play-offs.
In Takapuna’s case it was especially hazardous, even allowing for its powerful line-up, which not only includes Goddard, but another Black Jack Wendy Jensen skipping the fours and multiple centre champions in Anne Dorreen and Lisa Dickson in the pairs.
But Takapuna only just beat Orewa and Mairangi Bay to become the Harbour champion, while its win in the regional playoff was more clear-cut: 3-0 wins over the Northland and Auckland clubs meaning it did not need to play its other opponent, from Far North. But coach Dorreen points out the match against Northland’s Hikurangi, a team stacked with centre representatives, could easily have been a 3-0 loss. Goddard only Takapuna women's bowls team plus reserves and management. won her singles 21-20, coming from a 13-1 deficit, the pairs won by only 16-15 and the fours by 14-12. He and Thomas are both aware that all the opposition in the national play-offs will have been hardened by a similar, rigorous qualifying process. And spread across all the other finalists are some outstanding players, with both Elmwood Park teams looming as formidable hurdles. The Elmwood Park women’s team has the Boyd sisters, Mandy and Angela, and two national champions in Bev Morel and Jan Shirley; the men’s team is just as endowed, with the likes of Gary Lawson, Kelvin Scott and Lance Pascoe. The celebrated Taranaki club, Paritutu, includes a young player Daryl Reed who excelled in a recent, brief North Harbour stint. And Takapuna will have the utmost respect for Queenstown, especially Birkenhead has qualified for the men’s play-off and Takapuna, two of its mainstays, Margaret O’Connor and Christine Buchanan, both close friends in particular of Anne Dorreen. She played with both a few seasons ago in a composite four for a second consecutive year, which came runner-up in the national championships. Birkenhead’s depth is such it can’t find a place for Peter Nathan, for the women’s. who in the Harbour play-off filled in successfully in the singles for Tony Grantham who was away on Black Jack duty. Thomas and Daymon Pierson are the pairs line-up and Nigel Drew skips a four of Jack Huriwai, Marty Short and Mark Rumble. Takapuna has one other advantage, a meaningful warm-up for six of its players. Goddard, Jensen, Dickson, Lauren Mills, Robyne Walker and Adele Ineson are in the Harbour representative squad which contests the national inter-centre final at Browns Bay in October.
Visit: www.bowlsnorthharbour.com
Prime Takapuna Corner Site
3, 5, 7 Anzac Street – Buy one, two or all three titles!
Artists Impression.
Gary Seekup, Bruce Jiao and Paul Vermaak of Barfoot & Thompson Commercial in Takapuna are marketing the opportunity to purchase three adjoining prime commercial properties in the heart of Takapuna. Options are available to buy one, two or all three titles.
The properties are located at 3, 5 and 7 Anzac Street, within walking distance to a number of Takapuna's award-winning restaurants, boutique retail and iconic Takapuna Beach. Zoned as Metropolitan Centre which encourages intensification and development of residential apartments throughout central Takapuna.
The corner site (corner of Campbell Road) has a combined land area of 2,422 square metres, made up from three freehold titles currently accommodating three separate multi tenanted commercial buildings, totalling 1,658 square metres.
This site has an absolute destination for one of Takapuna's ’trophy' buildings. An architectural layout plan has been prepared for the combined site (see artists impression on this page) and accommodates a basement car park, commercial and service use on the ground level, and 129 apartments over 10 levels. This will be a very popular residential address being so close to just about everything. The site provides close proximity to neighbouring suburbs, to Auckland CBD, and enjoys great access to the major motorway systems, arterials, as well as Akoranga bus station with bus stops close by.
Takapuna is a vibrant beach-side destination that encompasses the best of everything – a relaxed beach atmosphere, designer shopping, a thriving hospitality scene and a large variety of cafe’s restaurants and bars with views over the Hauraki Gulf and Iconic Rangitoto Island. The lifestyle is superb, with many options for recreation, including swimming, paddle boarding, boating, rowing/paddling in nearby Lake Pupuke – Auckland’s only freshwater lake – to strolling the popular Takapuna Sunday Markets or just walking the wonderful sands of Takapuna beach.
The area was recently positively rezoned under the Auckland Unitary Plan for significant housing and business intensification, providing the bones for future growth and economic advancement. A number of high density residential developments are currently being planned or under construction, further underpinning the future of the subject site and the redevelopment potential.
The property comprises a rectangular shaped lot with frontage to Anzac Street of approximately 51.82 metres, with an eastern boundary to Campbell Road of approximately 41.21 metres. In contour, the site is more or less level with a gentle north west to south east fall. From the current improvements, views are localised. However when redevelopment is undertaken in accordance with the underlying Metropolitan Centre zoned land controls, sea and lake views would be gained from the upper levels.
These centre’s, like Takapuna, are identified for growth and intensification. The 'The Business - Metropolitan Centre Zoning (Sub Precinct A)’ of this area provides for a wide range of activities including commercial, leisure, high density residential, tourist, cultural, community and civic services. Zone provisions, in conjunction with rules in the other business zones, reinforce metropolitan centre’s as locations for all scales of commercial activity.
This is a fantastic opportunity!
3, 5 and 7 Anzac Street are For Sale by Tender, closing at 4pm, 23 May 2022, at 129 Hurstmere Rd, Takapuna. For more information contact Gary Seekup, Bruce Jiao and Paul Vermaak of Barfoot & Thompson Commercial. Gary Seekup, Phone 027 226 9880 or email: g.seekup@barfoot.co.nz; Bruce Jiao, Phone 021 818 077 or email: b.jiao@barfoot.co.nz; Paul Vermaak, Phone 021 283 5555 or email: p.vermaak@barfoot.co.nz. Visit: www.barfoot.co.nz/88005
THE FACTS – 3, 5, 7 ANZAC STREET
• #3 Anzac 804m² being Lot 11 DP 20018 CT NA/35A/1150 • #5 Anzac 809m² being Lot 10 DP 20018 CT NA9A/1418 • #7 Anzac 809m² being Lot 9 DP 20018 CT NA17D/880 • Improvements are by way of three standalone 1960s-1970s two level office buildings with lettable areas; • # 3 Anzac Street - 514m² • # 5 Anzac Street - 549m² • # 7 Anzac Street - 595m²
Takapuna Trophy Investment
BDO Tower – 62-64 Anzac Street, Takapuna
Elaine Tutty and Bruce Jiao of Barfoot & Thompson Commercial Takapuna are pleased to present this outstanding opportunity to purchase a significant asset perfectly positioned in one of Auckland’s most sought-after suburbs. Assets of this scale are seldom available in this tightly held location.
BDO Tower comprises a medium to high rise development of two freestanding office buildings of four and 13 levels respectively including a ground floor café and three levels of car parking. The buildings are constructed over a common basement platform and offer superior office accommodation, some of the best in central Takapuna.
The approximate net lettable area is 7,718.75 square metres and the site area is some 2155 square metres more or less.
There are 30 tenancies in total including a popular ground floor cafe, BDO New Zealand, Child Youth & Family, Lumino The Dentist, Lautrec Technology and True North Investments to name just a few.
The asset offers a solid income stream underpinned by BDO New Zealand. The property has a fully leased income of circa $3,000,000 per annum. The multiple tenancies offer a high standard of office accommodation, some of the best in central Takapuna.
The office levels range from 100 square metres to over 1000 square metres, have a stud height of approximately 2.5 metres and are completed to a high specification with carpet floor coverings, suspended ceilings and ducted air-conditioning. The higher floors in the building enjoy spectacular views of the city and across the Hauraki Gulf to Rangitoto and Lake Pupuke. The main tower is fitted with three passenger lifts, whilst Anzac Tower has a single passenger lift.
The Como Street road frontage was upgraded to incorporate the café with an exterior spiral staircase leading from a landscaped courtyard at Anzac Street.
The property is strategically located next door to Shore City Shopping Centre and features two road frontages to Como Street and Anzac Streets. It holds a prominent position at The property features two road frontages to Higher floors in the building enjoy the gateway to Takapuna, Como Street (as pictured here) and Anzac Street. spectacular views. offering easy access to the motorway and to the city. Takapuna is one of the key metropolitan centres identified in the Auckland Plan as a priority for growth and development. This landmark Takapuna holding provides an excellent opportunity to capitalise on this assured future growth. Assets of this scale are seldom available in this tightly held location.
For more information contact Elaine Tutty or Bruce Jiao of Barfoot & Thompson Commercial. Elaine Tutty, Phone 021 951 810 or email: e.tutty@barfoot.co.nz; Bruce Jiao, Phone 021 818 077 or email: b.jiao@barfoot.co.nz. Visit: www.barfoot.co.nz/00000 THE FACTS – BDO TOWER
• Prominent 2155 m2 site with 2 road frontages • Two towers of 4 and 13 levels respectively • Net Lettable Area 7,718.75 approximate • 3 floors of 204 carparks • 30 tenancies • Spectacular views from the high floors • Diverse tenant covenants • Potential Income Circa $3,000,000 pa net • Landmark Takapuna Opportunity
Entire Building In Prestigious Office Park
Multi tenanted investment in 4 titles offered in one opportunity!
3/331 Rosedale Road, Albany
Bryan Western 0274 757 000
bryan@prestigerealty.co.nz
prestigerealty.co.nz
Rare chance to own an entire building within the exclusive Rosedale Office Park. On offer is a fully occupied, road frontage building with superior fit-out and longterm tenants providing an exceptional investment. Nestled within a mature native woodland setting this office park established in 2004, has gated security and an on-site café. – Features: Total net income $273,467 pa. + gst • Long term tenants • 4 unit titles • 6 tenants providing consistent income • Lease guarantees • Secure basement parking • Unique woodland setting • Handy to transport links • For sale by negotiation. Contact me for more details on this unique investment.
Prestige Real Estate International Ltd Licenced Real Estate Agent REAA 2008
A Prime Slice of Wairau Road
Once in a lifetime opportunity to own a piece of Prime Commercial Real Estate becomes a reality.
194-196 Wairau Road, Wairau
Michael Jesson 021 952 811
michaelj@prestigerealty.co.nz
194 Wairau Road offers an opportunity for an astute add value investor or developer to purchase this 2,992m2 under developed, road front freehold site.Seven fully tenanted individual tenancies consisting of three yard tenancies and four industrial tenancies, currently under rented and producing $252,348 Gross Rental (plus GST) less unrecovered outgoings of $28,074 giving an effective rent of $224,274 (plus GST). A current Telfer Young rental valuation indicates a large rental upside. Zoned Light Industrial this zone provides a wide range of permitted activities. Surrounding development includes a wide range of industrial and showroom units, office space, the Wairau retail development, car dealerships and the Southern Cross Hospital. • This is an opportunity not to be missed, for sale by Negotiation • Call now for details and a copy of the information memorandum • Price: PBN • ID: 14243885
Brand New and Ready for you
33A, B, C, D Fitzherbert Avenue, West Harbour
3 Bdrm, 2.5 bthrm, 1 gge + Off St
Michael Tromp 021 498 488
michael@prestigerealty.co.nz
prestigerealty.co.nz
Fitzherbert Ave is brand new, with four homes ready to view. Each 3 Bedroom, 2 Bathroom, single garage home has its own appeal. Equipped with contemporary and upmarket design features, you can expect all the modern comforts for functional living here. Top quality appliances and chattels, stone benchtop, tiled bathrooms will appeal along with the modern conveniences of Solar panels and heat pump. Located in West Harbour, minutes away from the Northwest Shopping centre and access to dual motorways. These properties are ideal for first home buyers, families, and investors alike. This is a superb opportunity to purchase a brand new, Homestar 6 targeted home. Pending Titles and CCC they are ready to simply move in and enjoy • Call Michael now to secure your pick • Price By Negotiation • ID: 8049
Prestige Real Estate International Ltd Licenced Real Estate Agent REAA 2008
Craig Crosweller + Fleur Davis 021 630 150 022 192 1614 craig@prestigerealty.co.nz fleur@prestigerealty.co.nz
Call us for a friendly approach to real estate
No. 1 Salespeople – Prestige 2021-22
Simon Gundry is a Devonport and North Shore identity, and character, who is known for calling a spade a spade. He is a director of contracting company Gill & Gundry, is an enthusiastic sailor (past crew-member of Ceramco New Zealand, Lion New Zealand and Shockwave) and is a life member of the North Shore Rugby Football Club. He has been writing this thought-provoking column for Channel ever since the very first issue (well over a decade ago!).
Simon Gundry.
Musings for May
I hope you all had a happy Easter, as I did. I had a wonderful time in and around Devonport.
It was interesting to read, with regards to the Government’s plans for light rail to Auckland Airport, that this proposal could cost up to $29 billion according to Treasury papers. That is $15,000 for every household in New Zealand, even for households in the Chatham Islands. The cost equates to the construction of two modern super aircraft carriers or 1500 brand new primary schools, or 20 new hospitals. In reading further, I saw that what the Government is intending to spend on trams could build a four lane motorway to Wellington. It is pure madness to let this continue. The Central Rail Link started off to be $3 billion, then $6 billion – my estimate is that it will be double that by the time it is finished. And, I can’t believe that the so-called editor of this two-bit magazine expects none to little disruption to Dominion Road once they start tunnelling down it towards the airport. Tell him to take a trip over to Queen Street and take in the disruption there has been in the CBD since the CRL started some years ago. I’m not against progress, but I can’t believe how incredibly slowly this has happened and at such huge expense.
I came across a funny one the other day, when a friend of mine who has built a new house was reinstating his vehicle crossing and 20 metres of footpath that had been cracked and broken up during the construction phase. I didn’t do the reconstruction work personally, but I know that this cost $4,800 and the series of cones and footpath closure notices that had
…while we are talking about roading projects, driving north on State Highway 1 from the Harbour Bridge, along the Tristram Avenue to Sunset Road area on the left hand side, NZTA has removed all the lovely grassed area, the groves of mature established palm trees and replaced it with thousands of metres of bark…
to sit there for a couple of weeks cost in excess of the concrete reconstruction works.
Also, while we are talking about roading projects, driving north on State Highway 1 from the Harbour Bridge, along the Tristram Avenue to Sunset Road area on the left hand side, NZTA has removed all the lovely grassed area, the groves of mature established palm trees and replaced it with thousands of metres of bark, which will ultimately become weed infested. According to my impeccable sources, my men at the rock face say this is at the cost of well over $5 million. I’d love someone to explain why this has been done, and at huge expense. Surely to God the money could have gone on to the speeding up of the Dome Valley reconstruction that has been going on for years.
I can’t believe the latest plan thought up by both Labour and National, allowing people, no matter where their houses are, or whether they are heritage or not, to put three houses in as of right. It is unbelievable that decisions like this can be made without consultation, especially in such heritage areas as Mt Eden, Herne Bay, St Mary’s Bay, Northcote, Devonport, and so forth. It is absolutely criminal. I hope that the people living in these areas love their traditional villas as much as I do and this crazy plan cannot be allowed to be carried out.
I had a wonderful day down at my beloved North Shore Rugby Club prior to Easter, when four of our senior sides turned out to play practice games on an absolutely beautiful afternoon. The Senior B side and the Under 21 side played Karaka, a long established club from the Counties area, our Restricted side played Takapuna Grammar School 1st XV which incidentally ended up in a draw after a great battle. Our Senior side played College Rifles from the Auckland competition. It was a magnificent day; it was fantastic footy. What was better than the rugby was the local crowd that gathered. I ran into so many friends who had come down to watch the games, mask-free and standing on the Gavin Armstrong Deck outside the rugby club, talking to friends and watching all the children playing around. Mothers, fathers, grandmothers and grandfathers and kids playing around and no mention of the dreaded C19. A wonderful way to spend the afternoon, seeing all those people and watching the great recreational sport of rugby. I suggest that some of you people who have had close affiliations with various sports over the years get yourselves off the couch and put down the remote and get down to your local sports clubs – whether it be netball, soccer, rugby or whatever – where local communities gather and just have a good time catching up with people. Pretty easy and very little expense.
I’d like a bit of feedback with regards to Watercare, people who have had leaks on their properties and how hard it is to get hold of them and get something done. In particular, leaks near their meter boxes and how to establish who is responsible for the repairs. I’ve heard it’s very difficult to get anyone to come out to establish this.
Anyway, I will see you next month!
