Ngai Tahu sets benchmark
Ngai Tahu have placed a $1.4 millon offer for the former Wanaka Police Station site.
The tribe have exercised its right of first right of refusal as the development site on Helwick St was Crown property within Ngai Tahu’s tribal area.
A Bayleys real estate sign installed on the property says the $1.4 million offer would be the benchmark for other interested buyers and lesser offers would not be considered.
It was being marketed as a town centre re-development site, about 986 square metres in size.
Ownership of the former police station, built in the 1970s, was transferred to Land Information New Zealand (LINZ) after a new $3 million station was built on Ballantyne Rd.
The new building was opened in October.
The Queenstown Lakes District Council online ratings database lists the land value at the Helwick St site as $950,000 and capital value as $1,050,000.
Tenders close on September 5.
What: Maori artist Rangi Kipa talks/dinner. When: Saturday, August 16, from 5.30pm – Introduction by Rangi Kipa (free). From 7.30pm – An artist at the table dinner (cost $85). Inspirational design: An artwork by
Maori artist Rangi Kipa, who will be hosting an exhibition at Bistro Gentil
from August 16.
Up for grabs: Ngai Tahu has offered $1.4 million for the former Wanaka Police Station site on Helwick St.