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31 Jul 2021 20:17
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  •   Home > News > Politics

    The Government's defending paying 8.1 million dollars for Rotorua's Boulevard Motel

    The Government's defending paying 8.1 million dollars for Rotorua's Boulevard Motel


    Kainga Ora has bought the on Fenton Street for emergency housing.

    Local real estate agents say it's worth about half that.

    But, Kainga Ora Bay of Plenty spokesman, Darren Toy, says the property will give more than 80 people warm, dry and safe homes.

    He says it also has redevelopment opportunities to provide more homes.

    He says the amount paid is in line with the market valuation, from an independent valuer, and adding up capital values of the six lots ... is overly simplistic.

    © 2021 Newstalk ZB, NZCity

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     31 Jul: The Government's recruiting for an Aged Care Commissioner
     31 Jul: Police are reminding protestors Putiki Bay on Waiheke Island is an active construction site
     30 Jul: A call for the government to investigate different methods of increasing housing affordability
     30 Jul: Andrew Little has laid out the details of the latest offer rejected by nurses
     Top Stories

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    The New Zealand women's sevens have survived a spirited Fijian outfit to make the gold medal match tonight at the Tokyo Olympics More...


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     Today's News

    Motoring:
    Tokyo Olympics a reminder of women's incredible achievements 19:16

    Accident and Emergency:
    A man has died at Castlepoint on the Wairarapa coast 18:56

    Environment:
    At least 40 people have been injured when a powerful earthquake rattled northern Peru 18:36

    Entertainment:
    Bob Odenkirk says he is 'going to be OK' after 'small heart attack' on set of Better Call Saul 18:16

    Soccer:
    History made, now it's time to convert on the football pitch 18:06

    Rugby:
    The New Zealand women's sevens have survived a spirited Fijian outfit to make the gold medal match tonight at the Tokyo Olympics 17:26

    Law and Order:
    Hawkes Bay police are telling the public to keep an eye on their heavy vehicles after a rise in expensive battery thefts 17:26

    Business:
    A health professional put into quarantine after a PPE protocol incident while managing the Covid-infected patient from Fiji is reported to be doing well 17:26

    Sailing:
    Conditions look set to favour the New Zealand men's 470 pair of Paul Snow-Hansen and Dan Willcox as the final days of qualification racing near in Zushi 17:26

    Rugby:
    Former New Zealand rower Tony Hurt knows how important the experience and expertise of one Hamish Bond was to the men's eight taking home the gold medal in Tokyo 16:56


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