Bishopscourt
Sir,—One of the points raised by the proposed Bishopspark development which concerns many Anglicans is the financing of the whole project. It is self-funding so, on present day costs, the purchasers will be paying almost double the building cost of a unit. The developers and agents will be taking their due profit, and the Church its share. We know Anglican Social Services has to pay one million to the Bishopric Trust to purchase the property. It has also to convert the house into a rest home, complying with the requisite regulations, costing between $200,000 and $400,000. It has then to run the home at about $170,000 per annum. “Life Care” costs must surely be used for subsidised nursing in the home and geriatric care in Churchill Hospice. There is no guarantee that reselling vacated units will be profitable. Bishopspark could be a burden that Bishopscourt would never be.— Yours, etc., GILLIAN BRIDGE. May 5, 1983.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19830507.2.113.12
Bibliographic details
Press, 7 May 1983, Page 18
Word Count
156Bishopscourt Press, 7 May 1983, Page 18
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.