Waikato Times

Brew­ery home for sale

- Up for sale: Greg Stack Lake view: Breweries · Alcoholic Drinks · Waikato · Hamilton · New Zealand · Iceland · Austria · Belarus · Oxford · Pirongia · Belgium · Hamilton Parish · Rotoroa · Hamilton City · Sherburn · Kakaramea

The Waikato Draught green build­ing on Bridge St, Hamil­ton, has been put up for sale by own­ers Tris­tram Prop­er­ties.

A New Zealand brew­ery’s his­toric Hamil­ton home is for sale.

The large green Waikato Draught build­ing, which sits at 14 Bridge St, has been put on the mar­ket be­cause the own­ers, Tris­tram Prop­er­ties, are looking to raise cap­i­tal for a fu­ture project.

The 363sqm build­ing has been the off-and-on home of the beer man­u­fac­turer since it was built in the late 1800s, Tris­tram Prop­er­ties’ Roger Cot­ter said.

‘‘We bought the build­ing about nine or 10 years ago be­cause of its lo­ca­tion. It’s one of those build­ings that will al­ways have a ten­ant. It has a lot of great char­ac­ter as well. There aren’t many build­ings that you can have such an af­fil­i­a­tion with – it’s not like other in­dus­trial build­ings.’’

The Hamil­ton brew­ery was founded in 1887 and run by Charles Innes un­til he was de­clared bank­rupt in 1888. In an un­prece­dented move for the time, his wife Mary Jane slowly took over the man­age­ment of the mul­ti­ple brew­eries he owned.

In 1889 Mrs Innes took over con­trol of the Bridge St com­pany, then named Waikato Brew­ery.

Un­der Mary Jane’s guid­ance the com­pa­nies be­came suc­cess­ful and the fam­ily went on to help shape Hamil­ton. They started a soda com­pany di­rectly op­po­site the brew­ery in what is now The Me­teor and also do­nated a sig­nif­i­cant amount of money to the city for de­vel­op­ment of land around Lake Ro­toroa. The do­na­tion was so ap­pre­ci­ated that part of the land was re­named Innes Com­mon.

For­mer Waikato Brew­eries di­rec­tor Paul Honiss said the build­ing also had a lot of his­tory within Hamil­ton,

‘‘I worked there for 40 years and dur­ing that time it was a full brew­ery. We were brew­ing Waikato Draught, Waikato XXXX and Rhei­neck. At the time we were Waikato Brew­eries which was a sub­sidiary of LD Nathan and Com­pany, then it was bought by Lion Brew­eries.

‘‘When the busi­ness sold they moved the brew­ery offices, and Hamil­ton City Coun­cil CEO Michael Red­man moved his old busi­ness into the build­ing. Some time later Mr Red­man moved out and Waikato Brew­eries de­cided to move back in.’’

Col­liers In­ter­na­tional di­rec­tor Alan Pracy said the build­ing had a Her­itage B rank­ing,

‘‘Ba­si­cally that means you need to pre­serve the ex­te­rior of the build­ing, so you can’t go around putting up alu­minium or any­thing. How­ever, with the in­te­rior you can change it around and do it up as you want.’’

Num­ber 14 Bridge St is leased un­til Septem­ber 2012 with rights of re­newal for an­other nine years. Its rent is $70,500 a year and the build­ing is on the mar­ket for $885,000.

Lo­ca­tion: Koro­matua is an es­tab­lished ru­ral com­mu­nity just west of Hamil­ton. It is only 10 min­utes west of the Hamil­ton CBD and sits be­side Tem­ple View. Agents say the area of­fers at­trac­tive ru­ral views and views of Mt Piron­gia.

Fea­tured prop­erty: 57 Koro­matua Rd is a unique prop­erty be­cause it of­fers water­side liv­ing from its three-bed­room house which over­looks a lake. The two-storey 207sq m house sits on a 5000sq m sec­tion. It has two bath­rooms, two liv­ing ar­eas and a dou­ble at­tached garage.

There is an ad­di­tional lake­side build­ing which in­cludes a work­shop. The lake has wild tur­tles and birdlife – so you can swim, fish, sail or kayak without leav­ing the prop­erty. 57 Koro­matua Rd is on the mar­ket for $595,000.

Ex­pert word: ‘‘Peo­ple are looking for quiet and pri­vate ru­ral prop­er­ties with close prox­im­ity to town,’’ said Ray White sell­ing agent Ivan Sher­burn.

‘‘Peo­ple feel this area of­fers bet-

57 Koro­matua Rd of­fers water­side liv­ing at its three-bed­room house which over­looks a lake.

57 Koro­matua Rd ter value for money than the north/east ar­eas of Hamil­ton – you get more for your dol­lar in this area.’’

In­side word: Tracey El­lis moved to the area 12 years with her hus­band, Alby, to be closer to his work. ‘‘(Alby) worked at Church Col­lege and we were given one of the school’s homes to live in. It’s a good com­mu­nity out here, it’s pre­dom­i­nantly Mor­mon. Even though that’s the case we still aren’t pro­tected 100 per cent from things like steal­ing but I would still say it’s a lot safer than other sub­urbs.’’

Re­cent sales: An Eyre Rd prop­erty sold last July for $564,000; the 2ha sec­tion had a 190sq m 1980s home. A Kakaramea Rd 250sq m 1970s brick home on a 6569sq m sec­tion sold for $465,000 last Fe­bru­ary.

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