A bank is leaning against the theatre building at 4 Ridgway St. Photo / Mike Tweed
A bank is leaning against the theatre building at 4 Ridgway St. Photo / Mike Tweed
Documents are ready for the sale of Whanganui’s Repertory Theatre but a slow-moving problem stands in the way of the deal.
In 2024, Whanganui District Council agreed to sell the building to the theatre’s trust for $1. However, a bank in Pukenamu Queen’s Park that is pressing against the buildinghad to be stabilised first.
The council set aside $200,000 for a retaining wall in the 2025-26 financial year.
An April report from council projects manager Trish Taylor-Pope said that after tenders closed, the construction cost was about $500,000 more than the approved budget.
“A business case is currently being completed to present options to be considered, including seeking additional funding to complete the project,” the report said.
Council chief strategy officer Sarah O’Hagan said the bank stabilisation was “a long-standing body of work”, carried out in partnership with the theatre.
“Like any project, having now received pricing, we are considering the options to move forward to ensure any investment is good value for money for the community,” she said.
“We will continue to work with the theatre and the elected council on the best way forward.
The Repertory Theatre's trust is ready to sign a $1 purchase agreement with Whanganui District Council but the deal hinges on the completion of a retaining wall behind the building. Photo / Mike Tweed
An alternative motion during LTP deliberations from then Whanganui Deputy Mayor Helen Craig and councillor Michael Law, offering the building to the theatre for $1, was approved unanimously.
The front was recently painted with support from the council’s Heritage Grant Fund.
Auditions for Repertory’s next production, Beauty and the Beast, are at the theatre from 10am on May 16.
Mike Tweed is a multimedia journalist at the Whanganui Chronicle. Since starting in March 2020, he has dabbled in everything from sport to music. At present his focus is local government, primarily Whanganui District Council.