Property

Townhouse owners fight for justice

When the shower fell through the ceiling, it produced a domino effect for John Gray and fellow owners in the Ponsonby Gardens townhouses. It was February 2000. The 10 buyers had endured a stream of problems virtually since they moved into the Vermont St homes, built by Tim Manning's Taradale Properties in 1995 and 1996.

Monday, March 28th 2005

During a winter downpour in 1998, Gray arrived home to find water cascading into the internal garage and laundry. The problem was traced to poorly applied waterproofing on an overhead deck and repairs were carried out by the original installers, Architectural Waterproofing .

"We weren't to know they were just putting a bandaid on, not solving the underlying causes," says Gray.

The names Manning and Taradale were not then synonymous with leaky building disasters such as Sacramento in Howick, The Grange in Albany, Vista Rosa in Mt Albert and West End in Grey Lynn.

In the mid-1990s, Manning was riding the wave of an immigration-fuelled property boom, and had a reputation for stylish apartments and townhouses.

The Ponsonby Gardens townhouses designed by Peter Townsend were no exception: two storeys, three bedrooms, clad in weatherboard and stucco, with complex roof shapes and upstairs decks. They came with European fit-out, internal garaging and private gardens.

Read More - Opens in a new window
Heartland Bank - Online 6.69
SBS FirstHome Combo 6.74
Wairarapa Building Society 6.95
Unity 6.99
Co-operative Bank - First Home Special 7.04
ICBC 7.05
China Construction Bank 7.09
BNZ - Classic 7.24
ASB Bank 7.24
ANZ Special 7.24
TSB Special 7.24
Unity First Home Buyer special 6.45
Heartland Bank - Online 6.45
TSB Special 6.75
Westpac Special 6.75
China Construction Bank 6.75
ASB Bank 6.75
ICBC 6.75
AIA - Go Home Loans 6.75
Kiwibank Special 6.79
Co-operative Bank - Owner Occ 6.79
ANZ Special 6.79
ASB Bank 6.39
Westpac Special 6.39
AIA - Go Home Loans 6.39
China Construction Bank 6.40
ICBC 6.49
SBS Bank Special 6.55
Kiwibank Special 6.55
BNZ - Classic 6.55
Co-operative Bank - Owner Occ 6.55
TSB Special 6.59
Kainga Ora 6.99
SBS FirstHome Combo 6.19
AIA - Back My Build 6.19
ANZ Blueprint to Build 7.39
Credit Union Auckland 7.70
ICBC 7.85
Heartland Bank - Online 7.99
Pepper Money Essential 8.29
Co-operative Bank - Owner Occ 8.40
Co-operative Bank - Standard 8.40
First Credit Union Standard 8.50
Kiwibank 8.50

More Stories

Rate cuts needed to lift mood

Wednesday, April 17th 2024

Rate cuts needed to lift mood

The enthusiasm that followed the change in government, mainly from property investors, has waned as homeowners and buyers hang out for interest rate cuts, says Kiwibank.

Support for regulation

Monday, March 18th 2024

Support for regulation

REINZ has emphasised the need for property management regulation to Parliament’s Social Services and Community Committee.

A better investment market

Thursday, March 14th 2024

A better investment market

“Reinstatement of interest deductibility starting from the new tax year on 1 April brings property investors back in line with every other business in the country, where interest costs are a legitimate deductible expense," Tim Horsbrugh, New Zealand Property Investors Federation (NZPIF) executive committee member says.

[OPINION] Recessionary times

Thursday, March 14th 2024

[OPINION] Recessionary times

It is not the best out there for many businesses and property sector people. Sales are down across the board, our clients’ confidence is falling, and there is a lot of uncertainty.