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Auckland's Connaught apartment building repairs $25m and climbing


Auckland s Connaught apartment building repairs $25m and climbing
30 Apr, 2021 05:00 PM
5 minutes to read
A minimum $25m repair bill expected at The Connaught. Photo / Brett Phibbs
A high-rise Auckland apartment block which is home to many university academics is suffering from building defects which will cost a minimum estimated $25 million to fix.
Owners of the 14-level Connaught apartments in the
block at 14 Waterloo Quadrant near the High Court describe how the costs are mounting, with one saying repair costs had doubled lately.
The body corporate . is currently recommending a comprehensive redevelopment of the
property to address maintenance issues a rebuild that has already doubled in estimated costs in just two years, to more than $25m, with no apparent end in sight, one owner said. ....

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