News and Publications

Property News - 22 September 2020

Tech firm might relocate

SnapIT chief executive Chris Rodley has never experienced issues enticing potential employees to relocate – it’s helping them into a home that is the biggest hurdle.

Rodley said while he wanted to keep his tech firm SnapIT based in Nelson, the potential growth of the company combined with unaffordable housing could mean relocating to another centre in the future.

The day an employee told him they couldn’t take up a role because they couldn’t afford to move to Nelson would be ‘‘the day I start thinking about shifting our operations elsewhere’’.

The housing shortage in Nelson Tasman means the number of available rental properties has plummeted, a knock on effect of the region’s booming housing market.

(Nelson Mail, Monday 14 September 2020)

Airbnb a better option for some owners

The growing number of Airbnb providers are often blamed for the housing crisis, but those choosing to rent their dwellings short-term say they aren’t solely motivated by money.

Some are concerned that long term tenants might create extra stress, while others believe it shouldn’t be up to individuals to solve the housing crisis.

One Airbnb provider said it was the current capitalist system that was leaving people homeless, and it was New Zealand’s values that needed an overhaul.

Golden Bay, a popular holiday destination northwest of Nelson, has a market saturated in short term leases, leaving residents struggling to find long-term accommodation or homeless.

(Nelson Mail, Monday 14 September 2020)

Thumbs-up for pop-up park

Nelson’s newest play space has received a solid thumbs-up from children and their parents on its first weekend.

From the moment it opened on Saturday, the Riverside Pop-up Park was packed.

A steady stream of children scooted and skated their way around the pump track, while smaller children played on balance bikes, explored the imagination park, or chased balls on the basketball court.

(Nelson Mail, Monday 14 September 2020)

Retirement plans on shelf as downsizing gets harder

While a lot of noise has been made about the difficulties faced by many first-time home buyers, it’s not just young couples or families who are being locked out of the market.

Ali Howard and her partner Paul already have a property, an 1857 four-bed house on Nile St, Nelson which she describes as ‘‘nearly restored’’.

They want to downsize in the future, and move closer to town.

Despite their established position on the rungs of the property ladder, the couple say they are still left with vanishingly few options when it comes to what they’re looking for: a smaller home that they can enjoy now and into their retirement.

(Nelson Mail, Wednesday 16 September 2020)

New attitude to living in CBD

As of August last year, just 73 people lived within 500 metres of the Nelson CBD, compared to 5600 people who come into the city each day to work.

That number will rise if property developer Gaire Thompson has his way, as he plans to turn the former Briscoes site in Montgomery Square into mixed commercial and residential property.

‘‘It’ll be commercial underneath, retail or something, and then a level of office spaces, and then two floors of accommodation,’’ he said.

The development even included a rooftop garden area, Thompson said. He was hoping to attract good shops for the lower floor.

A ‘‘liveable centre’’ is one of six key milestones the Nelson City Council is aiming for in its City Centre Programme Plan, looking at making the CBD a place that people not only want to spend more time in but also want and are able to live in.

(Nelson Mail, Friday 18 September 2020)

Retailers criticised over parking threat

A Nelson business group says reducing car parking in the central city would have a ‘‘devastating effect’’ on them, and have threatened legal action in the leadup to a council decision on the issue.

The Nelson City Business Group, comprising retailers and property owners in the central city, said the Nelson City Council had failed to listen to their concerns regarding the City Streets for People Consultation.

However, city centre working group chairman Pete Rainey said it was unfair to say that the council had not consulted extensively with retailers.

Last Thursday the council passed a proposal to provide funding for the City Streets for People Project, but it would be delayed by six months to allow the council to complete its Spatial Plan and Parking Strategy.

(Nelson Mail, Saturday 19 September 2020)

Ratepayer ‘risk’ with port loan

If the Tasman District Council accepts a government loan of up to $20 million for the proposed redevelopment of Port Tarakohe in Golden Bay, there’s a ‘‘significant risk’’ that ratepayers may have to help pay it back.

Deputy Prime Minister Winston Peters this month announced a limited-recourse loan of up to $20m for the project. The council-owned port is earmarked for redevelopment, largely to cater for an expected surge in mussel production over the next decade.

Negotiations over the terms of the loan are under way, and need to be concluded before the council considers committing to the project. That decision could happen as early as mid-October, and work could start by March.

In September 2019, the council applied for just over $22m from the Provincial Growth Fund for the proposed redevelopment, which was estimated to cost almost $28.3m at that stage. A mix of council and industry funding was tipped to cover the rest. A revised estimate puts the overall cost at just under $26m.

(Nelson Mail, Saturday 19 September 2020)

Could second dwellings be the answer to supply crisis?

Could dividing your property into smaller flats or building a granny flat be the ‘‘silver bullet’’ to ease New Zealand’s housing supply crisis?

In a report carried out by the Centre for Research, Evaluation and Social Assessment (CRESA) in 2017, it was estimated that there were about 180,000 houses suitable for partitioning in New Zealand (according to 2013 census data).

Next month, the Nelson City Council will be releasing its draft Whakamahere Whakatu Nelson Plan, which will include provisions to make it easier for people to partition or build a second dwelling on an existing property.

According to the current Nelson Resource Management Plan rules, in a standard residential zone, 400 square metres must be allocated to each residential unit.

While the 2017 CRESA report identified a lot of potential for second dwellings and partitioning, there is no clear position on the matter across councils throughout New Zealand.

(Nelson Mail, Saturday 19 September 2020)