Deadline for selling Aaron Lodge, owned by Kaingga Ora, extended

The original deadline for selling the Aaron Lodge property, owned by Kaingga Ora, was on March 5, but real estate agent Colliers confirmed that the deadline had been extended.

Kainga now bought the property in 2021 for about $ 4 million.

After being used as an insulation and quarantine installation supported, it remained empty, gathering weeds and leaving the audience wondering about their future.

Dunedin mayor Jules Radich expressed the desire for the council to take over the place and use it to solve the problem of the city’s without -dwelling minister Chris Bishop rejected Radich’s idea in July last year.

The property was launched in the market in January by Kaingga Ora.

A Kaingga -Gate now said negotiations for the old Aaron Lodge site are underway.

“As this process remains confidential due to commercial sensitivity, we cannot provide further details at this stage.”

The documents released under the official information law show that Kaingga employees now struggling to find solutions to the many problems the site presented.

A consultant talked about “increasing construction costs since the property acquisition has resulted in a higher estimate than expected to rebuild the property.”

There were several other dangers on the property, including, among others, rainwater retention/treatment, flooding, finished floor levels, road layout changes, land retention structures, soil contamination and a buried tank.

Kaingga sometimes spent more than $ 164,000 on the site before deciding to sell it.

“After our discussion about the ‘pros and cons’ to maintain or sell the property, it was agreed that we should sell the property with both lots being sold separately.”

By issuing a warning to discard the property, Kaingga now noted that despite Dunedin’s Housing Housing waiting list of 550, the property “had no unquestionable units in its current state.”

The value has decreased since Kaingga now bought the property, showed briefing notes.

Among the issues that needed to be addressed before sale included land retention, public underground services, and slope instability, while there was also a probability of leader, asbestos, diesel and pesticide contamination.

By rejecting Radich’s idea last year, Bishop said the building lacked “local services needed for a cohort of individuals with complex needs.”

matthew.ltlewood@odt.co.nz