Archive for June, 2014

Leura Spires for sale

Monday, June 30th, 2014

It’s Leura central this week, as Leura Spires commercial building is up for sale.

The residential units have been less than inspiring, with initial investors finding it a long wait to get more than their $330,000 off the plan investment price. It will be interesting to see how the commercial side fairs. The vendor claims $245k p.a. income, but some of the tenants look to be less than commercial (mountains bridge club?). The rent suggests a price around $5 million-ish if the tenants are on standard commercial leases. KLonline bids $1!

If you want to bid more, go here.

The big surprise is the clocks show the same time. Did they stop at 8:40 together? Certainly, they have shown the wrong time 90% of the time the building has existed.


Leura Station Canopy Resistance

Friday, June 27th, 2014

With stories in this week’s Gazette about the planned station canopy, it seems community resistance is hardening.

Disgruntled locals have made their opinions clear on the hoarding around the yellow pylon footings (see pic). And local member Rosa Sage braved icy winds Thursday morning for a bit of face to face opinion gathering with her constituents. It will be a good test of how effective Rosa’s voice can be.leura-hoardings