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


Transfer Of Aotea Block Land Worth $2.4 Million


Council Agrees To Last Transfer Of Aotea Block Land Worth $2.4 Million

Porirua City Council has agreed to the transfer of the third and final block of Aotea land to property developer Carrus Ltd.

Council requires Carrus to place an encumbrance over all titles that they may create in the future to ensure that the land uses and other requirements of the Comprehensive Development Plan are met no matter who owns the land.

The plan changes dealing with design guidelines, mixed land use and commercial recreation become operative on October 20.

Kiwi Income Property Trust has lodged an appeal to the business zone, but Council officers are confident that the Trust’s concerns can easily be resolved as they involve issues of detail and not principle. Kiwi Income Property Trust is the owner of nearby North City Shopping Centre.

Once this appeal is settled, the business zone will become operative.

The third and final block of land totals 89 hectares and is largely confined to the lower western flanks of the block just above SH1. It is a highly visible block of land from most areas of the Porirua Harbour basin.

Council will receive $2.4 million for the block. This will bring the total amount paid by Carrus Ltd for the Aotea Block to $6.54 million. The block totals 246 hectares.

Carrus has already begun developing the eastern section of Aotea. This section was zoned suburban and consequently required no changes to the District Plan.

Mayor Jenny Brash said the transfer of the final block of land was a milestone in what will be a 10 to 15 year development.

“Council bought the land to have some control over how the land would be developed.

“I am confident that we have achieved those objectives, which was to see a mixed development that included general residential, housing for the aged, open space and recreational areas, as well as a business park that would offer employment opportunities and economic growth for the wider city.”

The returns from the sale of the land are being used to reduce debt and for future strategic land purchases, said Ms Brash.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Lessons From Australia’s Election

Australia’s new PM Anthony Albanese faces an obvious dilemma, barely before he gets his feet under the desk. Australia is the world’s leading exporter of coal. Will the new Labor government prioritise the jobs for Queensland/NSW workers in its mining-dependent communities - or will Labor start to get serious about climate change, and risk the inevitable political backlash from making a major shift into renewables..?


Australian Election: Prime Minister Congratulates Anthony Albanese
Prime Minister Jacinda Ardern has congratulated Anthony Albanese and the Australian Labor Party on winning the Australian Federal election, and has acknowledged outgoing Prime Minister Scott Morrison... More>>

Government: Helps Supermarket Shoppers Get A Fair Deal
Urgent Budget night legislation to stop major supermarkets blocking competitors from accessing land for new stores has been introduced today, Minister of Commerce and Consumer Affairs Dr David Clark said... More>>

Budget 2022: A Secure Future In Difficult Times
Budget 2022 will help build a high wage, low emissions economy that provides greater economic security, while providing support to households affected by cost of living pressures... More>>


Trade: Prime Minister To Visit United States
Prime Minister Jacinda Ardern is leading a trade mission to the United States this week as part of the Government’s reconnection strategy to support export growth and the return of tourists post COVID-19... More>>

National: Jacqui Dean To Retire From Parliament In 2023

Waitaki MP Jacqui Dean has announced that she will not be seeking re-election at the 2023 election. “I have advised the President and Leader of the National Party that I have decided not to put my name forward... More>>

Classification Office: Following Decision To Ban Manifesto The Buffalo Mass Shooting Livestream Is Now Banned
The livestream video of yesterday’s mass shooting in the United States has now been banned, Acting Chief Censor Rupert Ablett-Hampson announced this morning. The decision follows on from his decision yesterday to call in and ban the ‘manifesto... More>>




InfoPages News Channels