Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search

 


Charitable trust seeks new premises for hostel-type project


Media Release
27.8.2013


Charitable trust seeks new premises for hostel-type operation


A charitable trust aimed at assisting young New Zealanders in furthering their education and career prospects is on the lookout for new premises on the fringes of CBD Auckland.

The registered charity has 75 years of history, but with a growing demand for its services, the organisation is now looking for bigger premises to move its operation. The charity is working with real estate agency Bayleys to source potential premises – either an existing commercial accommodation provider business or as a purpose-built building.

Bayleys Auckland salespeople Rob Cross and Ben Wallace said that for commercial reasons the organisation wished to remain anonymous at present, although it was very clear in the location it was seeking to be housed.

“The Christian-based charity was established more than 75 years ago, and in recent times has taken an active interest in developing the educational and trade apprenticeship teaching opportunities for young New Zealanders,” Mr Cross said.

“Inclusive of that is a tutoring and mentoring programme whish has seen many of the charity’s former teenage recipients go on to become pillars in their communities as well as corporate leaders.

“However, as the organisation’s breadth of services has grown, it has consequently outgrown its existing premises which can’t be expanded any further, and is therefore looking to move into a new location.”

Cross and Wallace said the specific ‘squaris’h search zone identified by their client spanned from the base of Queen Street, west to Kingsland, south to One Tree Hill, east to Orakei Basin, then looping back along the waterfront to the passenger wharves.

“While the location is quite defined, the building specification is much broader,” said Rob Cross.

“Potential sites include existing motel or hotel operations, industrial or commercial buildings which have zoning capability to be converted into accommodation blocks, a hostel type environment, or a large residential dwelling or block of flats which could be developed to encompass a commercial accommodation operation.”

Ben Wallace said the room configurations being sought would include a mixture of single occupancy and shared occupancy units. Ensuites were a possibility, although the client would also look at shared bathroom amenities. Foodservice operations and dining would be undertaken in a communal space, as would any leisure activities. Study rooms or library-style space would be an advantage to enable lodge residents to study during their stays.

“The tenant is looking to take up a long-term lease with the successful owner/developer, and has the funding network to support that. Our client has indicated that they would look at an initial lease term of 10 years, with further rights of renewal over a similar term,” Mr Wallace said.

“Obviously with that degree of tenant commitment, for an owner or developer, the incentive to invest in converting or expanding premises is substantial. The client is looking to move into any new premises as early as the beginning of next year.

“Bayleys is now actively targeting potential building and business owners in the client’s preferred location zone with the intention of presenting a short list of options by the end of September.”


ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Labour's 'Future Of Work': Major Reform Of Careers And Apprenticeships

The next Labour Government will transform careers advice in high schools to ensure every student has a personalised career plan, Leader of the Opposition Andrew Little says. More>>

ALSO:

State Investments Management: Treasury Likes IRD, Not Education Or Corrections

The Inland Revenue Department has scored an 'A' in the first tranche of the Treasury's investor confidence rating for state agencies that manage significant Crown investments and assets, gaining greater autonomy as a result, while the Corrections and Education ministries gained a 'C' rating. More>>

ALSO:

Govt Goal: NZ To Be "Predator Free" By 2050

Prime Minister John Key has today announced the Government has adopted the goal of New Zealand becoming Predator Free by 2050... “That’s why we have adopted this goal. Our ambition is that by 2050 every single part of New Zealand will be completely free of rats, stoats and possums." More>>

ALSO:

Gordon Campbell: On The IOC’s Treatment Of Russian Sport, And Lone Wolf Terrorism

A blanket ban on Russian athletes would also have exposed the IOC to criticism that its treatment of Russia would have been marked contrast to its treatment say, of the track and field team from Kenya – a country about which the IOC has very similar doping concerns. More>>

ALSO:

Sounds Like A Plan: Auckland Council Receives Unitary Plan Recommendations

A key milestone in New Zealand planning history was reached today when the Independent Hearings Panel delivered the reports containing its recommendations on the Proposed Auckland Unitary Plan. More>>

ALSO:

National Park Expansion: Forests And Coast Of Kahurangi Protected

Five parcels of high value land totalling more than 890 hectares have been formally gazetted as part of the National Park. More>>

ALSO:

PPP Go-Ahead: SkyPath Gets Unanimous Support

Auckland’s SkyPath project has been given the go-ahead to be delivered through a public private partnership, after a unanimous decision at today’s Finance and Performance Committee. More>>

ALSO:

Gordon Campbell: On The Reserve Bank, The UN Shortlist, And Trump

Can there really be there any link between the US presidential elections and yesterday’s RBNZ signals on interest rates and the NZ dollar? Well, maybe. And it would be this: the improving US economy is reportedly putting a tailwind behind the US dollar, and rendering the actions of our Reserve Bank virtually irrelevant. More>>

ALSO:

Gordon Campbell: On What John Key Should Be Asking Joe Biden

No doubt, US Vice-President Joe Biden will be updating Prime Minister John Key on the chances of a TPP vote taking place in the ‘ lame duck’ session of Congress that’s held between the November’s election and the inauguration of a new President in January. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Regional
Search Scoop  
 
 
Powered by Vodafone
NZ independent news