Kapi-Mana News : April 16th 2013
14 KAPI-MANA NEWS, APRIL 16, 2013 NEWS 5283029AA Monster Truck Colouring Competiton c/o Kapi Mana News PO Box 50012, Porirua 5240, Before 22 April 10am Name ........................... ..................................... Ph ................................ Age .............................. first 15 4573935AA Porirua City Laundrette Kilkerran Place, Porirua • Service or Self Service • Cold, warm, hot wash • Detergent included • Mink Blankets, Duvets • Sports Gear • Big washers and dryers • Ironing, pressing available • We accept eftpos • Off street parking • Commercial service: linen hire, pickup/ delivery, specialised wash programs Mon-Fri: 8am to 5.30pm Saturday: 9am to 4pm Sunday: 9am to 3pm www.kpclaundry.co.nz • firstname.lastname@example.org Phone 04 237 5010 Whitby properties on the market Longtime investor David Bradford looking to exit landholding Whitby Coastal Estates is looking to sell another two undeveloped chunks of land in the suburb. Managing director David Bradford said the company was selling an 11.3-hectare block in Navigation Dr, alongside land for the designated Whitby link road to Transmission Gully. We are in the final stages of selling this parcel of 5ha to the Porirua City Council, which will build the road in conjunction with the NZTA, he said. The route of the proposed Whitby link road will connect to the roundabout at the intersection of James Cook Dr and Navigation Dr. Mr Bradford said that with that land sold, the remaining area could now be developed. The subdivision, which had room for 103 lots, is being sold for $3.5 million. Also for sale is a 13.4ha block of the former Duck Creek Golf Course adjoining Pauatahanui Inlet. Tommy s Commercial manager Chris Gollins, who is brokering the sales, said the new link road would make Whitby more appeal- ing for people who needed to commute into Wellington or up the Kapiti coast. He estimated that once it was built, it would cut about eight minutes off the Whitby to Wel- lington commute. Mr Bradford last year sold 30ha at Duck Creek South to Todd Property. The block, now named The Banks sub- division, will have about 200 sec- tions. Todd Property managing direc- tor Evan Davies said the quick sale of sections in the first four stages of the development reflec- ted growing confidence in the resi- dential market. Mr Bradford said he would be 70 next year and was looking to quit his remaining interests in the suburb. Whitby was established in 1967 when a consortium of Flet- cher Development, Jubilee Invest- ments (Todd family) and National Mutual Life bought 1286ha of rol- ling farmland between Porirua East and the Pauatahanui Inlet. After 30 years of development, during which about 3000 homes were built, Mr Bradford bought the remaining 64ha of undevel- oped land in 1997. Firms to be wound up by trust By SELINA POWELL Hutt Mana Charitable Trust is winding up two of its companies. The move to shut up shop at HMCT Holdings follows an ill-fated investment that left the company with only the crumbs of its former assets. The value of HMCT Holdings and its subsidiary company HMCT Properties fell from $1.4 million in 2011 to $40,000 in 2012 following the sale of trust property and the liquidation of trust-owned company EnergySmart in 2011. Hutt Mana Charitable Trust secretary Brian Mansfield said the companies were being wound up to save on compliance costs. Remaining shares in broadband company Smartlinx3 were to be transferred back to the trust. HMCT Holdings and HMCT Properties have been operating since 2005 and 2007 respectively. Both companies are still registered with the Companies Office. However, HMCT Holdings is more than five months overdue in its obligation to file an annual return. Hutt Mana Charitable Trust chairman Ian Hutchings said there was no utility in filing reports with the Companies Office as both companies had finished trading. A spokesperson for the Ministry of Business, Innovation and Employment said steps to remove HMCT Holdings from the register would begin on Thursday.
April 9th 2013
April 23rd 2013