New hub for growing community
Wiri Licensing Trust has been busy developing its assets in order to increase cash fl ow to sustain higher levels of donations back to the community, says Trust general manager Brett Wilson.
When a number of leases on the Trust’s prime 2.7ha Manukau site on the corner of Ronwood Ave and Great South Road came up for renewal this created opportunities to further develop the site in line with current and potential tenant expectations, he says.
In 2014 this led the Trust to construct a building leased to Carl’s Junior and also five retail premises, which are now leased to Subway, Noodle Canteen, Classic Bakehouse, Brews and TAB.
The most recent development was completed in September 2018 and saw two new buildings constructed with Krispy Kreme taking up a lease as anchor tenant and the Trust operating a gastro pub called Woodside Bar, Kitchen and Functions.
The gastropub created 20 new jobs for the local community. At 450sqm it also offers a 193sqm function room that can cater to up to 100 people and has proved popular for local celebrations, business meetings etc, says Brett.
“All people have to do is spend a minimum amount on catering and they can have our private upstairs venue for free. “Plus take the hassle out of organising the event by doing the hard work for them,” he says.There is lift access to the venue, a private, fully stocked, bar and bathroom facilities.
There is also a state-of-the-art audio-visual system while cleaning up after the event is taken care of by the pub.Brett says that Manukau had long been lacking an upmarket hospitality venue and that the Woodside Bar, Kitchen and Functions has filled the gap nicely.
“It’s been a very positive addition to Manukau City,” he says. The Wiri Licensing Trust is a community-owned business based in South Auckland with business interests in commercial property and bars.
The Trust looks to distribute a significant portion of its profits back to the local community through grants, donations and sponsorships. The Trust operates another bar in its district – Our Local at 254 Roscommon Road, Wiri.
In addition the Trust leases another bar, located in Station Road Manurewa, out to a private operator. The Wiri Licensing Trust has three Class 4 gaming machine licenses, two are licensed to the Trust’s Community Foundation (TTCF) and the other the Trillian Trust.
Brett says that the Trustees are able to make recommendations to these two gaming trusts to ensure that all proceeds from the gaming sites controlled by the Trust are directed back into the local community.
“These gaming trusts have a legal responsibility to return at least 37% of total proceeds fr om Class 4 gaming machines back into community grants,” he says.“With input from Wiri Licensing Trust both of our two gaming trust partners return in excess of 50% of total proceeds back in grants.
“This results in an additional $300,000 annually being returned to the local community.”With the significant growth of the Manukau region, Brett says that the Trust will continue to develop and enhance its assets for the good of the community.
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