News and Publications

Property News: 6 May 2019

Apartments plan for Haven Road

Developers could be bringing a brand new apartment building to the fringe of Nelson’s CBD.

An application for Special Housing Area (SHA) status for the proposed apartment building was approved by the Nelson City Council (NCC) on Monday at an extraordinary meeting.

Director at Bayleys Real Estate (Bayleys) Tony Vining presented his development proposal to build a six-storey apartment building at 71 Haven Rd, opposite the intersection with Halifax St.

The development would provide a minimum of 30 one to three-bedroom apartments.

‘‘[The site] was well-suited for apartment living: it’s elevated, it’s sunny, it’s got a good view of the city . . . [and] it’s within walking distance to the city and amenities,’’ Vining said.

The proposal was approved unanimously by the council.

It will now go to the Ministry of Housing and Urban Development, who have final approval for the project.

Artist Impression

(The Nelson Mail, Wednesday 1 May 2019)

'Beautiful' new hospice open

The family of a man who bequeathed millions to the Nelson Tasman Hospice say he would be thrilled with the new building.

The late Daniel O’Brien left $4.2 million to the hospice, specifically to go towards building a new facility. His sister Betty Drumm, nephew Greg Drumm and niece Alison Swift were at the official opening of the new building in Stoke yesterday, along with Prime Minister Jacinda Ardern.

The hospice’s single biggest benefactor, O’Brien lived in Nelson and received support in the community from the hospice for three months before he died in 2016.

Nelson Tasman Region Hospice Trust chairman John Peters said the official opening of the new building was the culmination of years of work by many people. ‘‘This is a community facility, it is built for the Nelson Tasman community by the Nelson Tasman community."

(The Nelson Mail, Friday 3 May 2019)

House prices rise above NZ average

The average asking price for a home in Nelson city and Tasman district has topped $650,000, just above the national average, according to the latest figures from property listings website realestate.co.nz.

The $651,950 price tag in the data for April represented a 2.9 increase on the previous month, with Nelson and Bays one of nine regions out of the 19 studied where asking prices rose during the month out.

New listings in Nelson and Tasman also bucked the national trend, with a 9.5 per cent jump in homes added to realestate.co.nz compared to the same time a year ago.

The website attributed the national yearly fall in new listings of 9.6 per cent to the school holidays ‘‘dominating’’ April.

(The Nelson Mail, Friday 3 May 2019)

Retirees fuel new village developments

Demand for retirement villages in Nelson city and Tasman district is continuing to rise, with new developments set to house 1000 more people.

Retirement Villages Association executive director John Collyns spoke to the Nelson Tasman Positive Ageing Forum on Monday, about a report from PricewaterhouseCoopers (PwC) into the economic impact of the industry in New Zealand.

Compared to the national average, the percentage of older people living in retirement villages in Nelson and Tasman has grown significantly higher in recent years. About 18 per cent of people over 75 in the region live in a retirement village, compared to the national average of 12.6 per cent.

Currently, there are 12 retirement villages in the region, housing about 1300 people in 865 units.

The four new developments – at Summerset Richmond Ranges, Arvida Richmond, Qestral Corporation’s Coastal View on the Tahunanui Hills, and an extension at Roundhay in Nelson city – will add a further 700 units. Richmond’s Olive Estate will also add 200 units, bringing the increased capacity across the region to more than 1000 residents.

(The Nelson Mail, Friday 4 May 2019)

Thought for the Week

Thought for week 190506