Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Historic church sold to another religious organisation

Historic church sold to another religious organisation

The Castor Bay Presbyterian Church on Auckland’s North Shore has been sold – but it will still remain as place of religious worship.

The church and adjoining hall have been bought by the Auckland branch of a well-established Buddhist religious education society with other existing premises throughout the city.

Mairangi and Castor Bays Presbyterian Church property and finance convenor George Wyman said the church had been sold as the size of its congregations no longer warranted its own premises. Congregation members will now integrate into the Mairangi Bay Presbyterian Church some two kilometres away or to the Anglican Church in neighbouring Milford.

The church will hold its final religious worship sessions over Easter in April next year. The sale of the Castor Bay Presbyterian Church was brokered by Bayleys Takapuna.

The two buildings have a combined floor space of 250 square metres with off-street car parking for eight vehicles, and sit on 1133 square metres of land with vast views over Milford Beach and the Waitemata Harbour. The Castor Bay land and buildings have a capital valuation of $1.125milllion.

Bayleys Takapuna sales person Peter Christoffersen said that seven tenders were received for the Castor Bay premises after an extensive marketing campaign which embraced both the commercial and residential development potential for the land and buildings.

“Some of those tenders were for the commercial development of the site, while most were for development of a residential nature in line with its zoning of Residential 4 under the Auckland Council plan,” Mr Christoffersen said.

“When the final round of tenders was assessed, the best deal put forward at the end of the process was that of the Buddhists. This sits well with the church’s philosophy of encouraging spiritual worship, peace, and harmony and ensures the legacy created over almost 100 years in Castor Bay is maintained.”

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Power Outages, Roads Close: Easter Storm Moving Down Country

The NZ Transport Agency says storm conditions at the start of the Easter break are making driving hazardous in Auckland and Northland and it advises people extreme care is needed on the regions’ state highways and roads... More>>

ALSO:

Houses (& Tobacco) Lead Inflation: CPI Up 0.3% In March Quarter

The consumers price index (CPI) rose 0.3 percent in the March 2014 quarter, Statistics New Zealand said today. Higher tobacco and housing prices were partly countered by seasonally cheaper international air fares, vegetables, and package holidays. More>>

ALSO:

Notoriously Reliable Predictions: Budget To Show Rise In Full-Time Income To 2018: English

This year’s Budget will forecast wage increases through to 2018 amounting to a $10,500 a year increase in average full time earnings over six years to $62,200 a year, says Finance Minister Bill English in a speech urging voters not to “put all of this at risk” by changing the government. More>>

ALSO:

Prices Up, Volume Down: March NZ House Sales Drop 10% As Loan Curbs Bite

New Zealand house sales dropped 10 percent in March from a year earlier as the Reserve Bank’s restrictions on low-equity mortgages continue to weigh on sales of cheaper property. More>>

ALSO:

Scoop Business: Chorus To Appeal Copper Pricing Judgment

Chorus will appeal a High Court ruling upholding the Commerce Commission’s determination setting the regulated prices on the telecommunications network operator’s copper lines. More>>

ALSO:

Earlier:

Cars: Precautionary Recalls Announced For Toyota Vehicles

Toyota advises that a number of its New Zealand vehicles are affected by a series of precautionary global recalls. Toyota New Zealand General Manager Customer Services Spencer Morris stressed that the recalls are precautionary. More>>

ALSO:

'Gardening Club': Air Freight Cartel Nets Almost $12 Million In Penalties

The High Court in Auckland has today ordered Swiss company Kuehne + Nagel International AG to pay a penalty of $3.1 million plus costs for breaches of the Commerce Act. Kuehne + Nagel’s penalty brings the total penalties ordered in this case to $11.95 million ... More>>

ALSO:

Crown Accounts: Revenue Below Projections

Core Crown tax revenue has increased by $1.9 billion (or 5.0%) compared to the same time last year. However this was $1.1 billion less than expected and is reflected across most tax types, continuing the pattern of recent months. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news