Trust chairman Malcolm Short is careful with his use of the word deconstruct over demolish.
"According to the Historic Places Trust, it had to be done that way because of its age ... We needed to look after it and get it deconstructed. We had to get Historic Places to oversee the progress on removal of timber.
"All in all it's been quite a slow process but deliberately so."
The former Lakehouse Hotel is almost fully gone. Photo / Ben Fraser
Short said the trust still didn't have plans for the site and wouldn't until geotechnical exam and site examinations had been done.
"Depending on that we'll look at where to go. If it will sustain a building and if so, to what level."
The Lakehouse Hotel was built in 1870 but is not heritage listed. Its deconstruction was observed and recorded by an archaeologist to gain greater information and understanding of building practices of the time.
The Lakehouse Hotel was built in 1870. Photo / Ben Fraser
Short said when the building was up for sale it was an "opportune moment" for a development overlooking Ohinemutu Village.
He said the building had a big history.
The Lakehouse Hotel deconstruction beginning. Photo / Stephen Parker
"It provided employment opportunities for a lot of members of Ngāti Whakaue who worked there and also a famous watering hole for dignitaries back in the day."