Bayleys news & articles

Charities to benefit from sale of family home

Tags: Auckland Residential

Two charities have been chosen as the main beneficiaries of the net sale proceeds from a deceased estate in Remuera.

Presbyterian Support Northern, part of a network comprising seven organisations dedicated to providing social and health services throughout New Zealand, and the Neurological Foundation of New Zealand, a charitable trust which raises funds for the research of neurological disorders, were named in the will of the former owner to share in the sale proceeds.

The two-bedroom dwelling was owned by former University of Auckland lecturer, Brian Frankham, and Beth, his wife of more than 50 years.

Brian and Beth Frankham were longstanding members of the National Party, and were, inaugural members of the Upland Road Branch. For many years the held the roles of treasurer and secretary respectively.

Both were avid gardeners and keen theatre goers, dedicated to making a difference in the community - supporting a wide range of charities throughout their lives, with a particular focus on Camellia House women’s refuge, disability organization IHC, Plunket and Women’s Refuge.

Beth Frankham passed away in 2008, after a long battle with Alzheimer’s disease. Brian Frankham died earlier this year. Passing away without any children, their estate is being administered by their great-nephew Paul Olsen, who said that Beth’s condition was the reason for Brian naming the Neurological Foundation as a beneficiary.

The Remuera property at 15 Rangitoto Avenue sits on a 1,004 square metre corner site billed in the advertising as “crying out for love and attention.” The property is being marketed for sale by Bayleys Remuera at auction on August 25.

Salesperson Jude Finch said the Frankham’s lived in their much loved home their entire married life, following their wedding in 1961 – they were married at St Aidan’s in Remuera and had their reception at the Berkeley Lounge in Mission Bay.

“The value of the property is definitely in the land – particularly as the site is relatively flat and sits on a prime corner location with dual street access,’ Ms Finch said.

“We have already had viewings from interested parties with their builders and architects in tow. The home could be added to, and the magnificent lawn space could be landscaped as part of  a wonderful family residence.”

Ms Finch said the section was zoned 2B (one unit per 600 square metres) so was not sub-divisible, and consent would be necessary to remove the house.

“However, it does not come under the scope of the Pre-1944 Demolition Control Plan,” she said.

The home has a 2014 Auckland Council valuation of $1.56 million. Ms Finch said representatives from both Presbyterian Support Northern and the Neurological Foundation of New Zealand will be invited to attend the auction.

‘Bequests of this nature and size to charities are rare, and are always a welcome surprise to organisations which work tirelessly for the betterment of both individuals and society as a whole,’ Ms Finch said.


View the live auction of this property on our Facebook page.

Related articles