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auckland.scoop.co.nz » Investors Switch On As Iconic Lighting Firm's Premises Go Up For Sale


Press Release – Bayleys
The Auckland city-fringe offices housing a lighting distributor whose products illuminate some of the world’s most famous landmarks have been put up for sale.
The modern, refurbished single-storey building for sale at 5 Farnham Street, Parnell, is fully leased to Targetti Lighting and award-winning New Zealand home-builder Penny Homes. The two leases generate total net rental income of $127,516 plus outgoings and GST per annum.
Some 189 square metres of office space and three car parks are leased to Targetti (NZ) Limited, part of a global group which has designed and produced architectural light fixtures since 1928. The company supplies major retailers and its lighting solutions adorn commercial and public sites across New Zealand. ....

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1970s Taupō home takes out top Master Builders reno award


SHANNON WRIGHT
The house was stripped back to allow for wall straightening and strengthening. It also has a new roof and cladding.
Judges said the Taupō renovation, two years in the making, was an impressive example of collaboration between the passionate homeowners, a clever designer, and a craftsman builder.
“Renovations always present challenges, require great planning, and need a lot of thinking along the way to incorporate the new, maintain the old, and create a seamless result.
“From the Hinuera stone personally laid at the entry, to the endless straightening of the original structure to cope with the unforgiving new light from the atrium windows on the gib board, the workmanship has been executed beautifully.” ....

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