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

 


Lawn Bowls Strikes Gold in Land Sale

Media Release
11.8.2014

Lawn Bowls Strikes Gold in Land Sale

Rawhiti Bowling Club in the heart of the Auckland suburb of Remuera has been sold by tender to an investment company with plans to develop an upmarket retirement village on the site.

In an email letter to Rawhiti Bowling Club members this week, club president Rod College has announced the sale of the club for $8.1 million to New Zealand company BeGroup Ltd.

One of BeGroup’s directors and chief executive officer is Remuera resident Guy Eady who has worked in the retirement industry for the past 25 years, and has served on the boards of healthcare services provider Oceania Group, aged care provider Metlifecare, the New Zealand Aged Care Association, and the Retirement Villages Association.

Mr College described the sale price as “outstanding”. Proceeds from the sale will go to support the sport of bowls in Auckland. Many of the club’s chattels - including the outdoor benches and drinking fountains - are being donated to other bowling clubs.

“Selling up was the right thing to do. The club had a great run for 100 years, but the reality is that our membership has been declining since the 1990s. In the best interest of the sport, it is better to bolster the membership numbers at other nearby clubs,” he said.

The 5954sqm property, on a corner block of Rangitoto Ave, Rakau Street and Ara Street, has current Auckland Council resource consent for up to nine dwellings, and is surrounded by some of the country’s finest real estate. Mr Eady has a strong affiliation with the suburb - growing up just a few hundred metres away from Rawhiti Bowling Club in Ranui Road.

Mr Eady said BeGroup’s vision for the site was to develop high quality dwellings allowing retirees - many of whom he expected would come from within the greater Remuera vicinity - to live in homes more suited to their personal needs and changing life circumstances.

“BeGroup is developing a network of affordable and modern retirement villages with a full range of care options – placing particular emphasis on building strong ties to the local community and helping residents enjoy life to the fullest possible extent,” he said.

“The bowling club site provides us with an excellent opportunity for building those ties through a strong sense of community in this part of Remuera.”

Bayleys Remuera salesperson David Rainbow, who negotiated the sale, said the land offering had attracted an unprecedented amount of interest – with some 23 tenders received.

Caption: Sold to the highest bidder - Rawhiti Bowling Club vice president Jim Mclean, left, and president Rod College roll out the final chapter of the century-old sporting institution.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Restrictions Lifted: No Further Tau Flies Found

The Ministry for Primary Industries (MPI) confirms that all restrictions on the movement of fruit and vegetables in Manurewa, Auckland, due to the Tau fly, have been lifted as of 2.26pm on Sunday 7 February. More>>

Crowdfinding: Awaroa Beach To Become Public Land If Appeal Succeeds

Conservation Minister Maggie Barry says a privately-owned beach will become part of the Abel Tasman National Park if an online crowdfunding campaign to buy it succeeds... More>>

ALSO:

Meat Workers Union: Waitangi Mondayisation Flaunted By Large Employer Of Maori

At the AFFCO Talley owned meat plant in Rangiuru, the company has resorted to bullying and threats... saying they could be disciplined and their union sued for an unlawful strike if workers exercise their rights to a paid day off tomorrow. More>>

Earlier:

ETS Review: Modelling Documents Released

Three technical documents are being released to help New Zealanders engage with the Emissions Trading Scheme (ETS) review, Climate Change Minister Paula Bennett says. More>>

ALSO:

Northland: Govt Plan Targets Transport, Web, Maori Assets

The government has released a 10-year plan to attract investors and lift economic growth in Northland, a region that perennially underperforms the rest of the country even while being endowed with natural beauty, productive land, minerals, a potential workforce, scope for manufacturing, forestry and aquaculture, and proximity to Auckland. More>>

ALSO:

Statistics: Unemployment Rate Falls To 5.3 Percent

The unemployment rate fell to 5.3 percent in the December 2015 quarter (from 6.0 percent), Statistics New Zealand said today. This is the lowest unemployment rate since March 2009. There were 16,000 fewer people unemployed than in the September ... More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news