News and Publications

Property News: 6 November 2017

Businesses' hardstand hard time

Users of Nelson’s Akersten St hardstand have expressed concern that an increased demand for limited space is ‘‘choking’’ business at the facility.

Having been identified as an important issue in the Nelson City Council’s long term planning the Nelson hardstand was purchased for $1.6 million in 2016 as part of a wider 10-year development of the marina area.

The approximately 3000 m² purchase included the existing hardstand facility, a wharf, jetty and travel lift for lifting and moving vessels.

The area was recently upgraded with new gates and fencing.

Council communications manager Paul Shattock said the current hardstand area could cope with around two large or three small boats, depending on the size of the vessel.

However, heavy bookings by those looking to get boats cleaned, painted, or repaired for summer use have prompted calls for increased boat capacity.

In response to the concerns raised, Shattock said work would be carried out this week on a temporary solution to cope with the coming summer demand.

This was expected to be completed by November 3, which would then allow six or seven boats to be worked on at a time.

(The Nelson Mail, Monday 30 October 2017)

Waimea dam plan 'doesn't stack up' says economist

The proposed Waimea dam, near Nelson, does not stack up, says economist Peter Fraser.

Fraser, a former Treasury economist, told more than 175 people at a public meeting in Richmond on Monday evening that he was neither anti-irrigation nor anti-dam. "I’m an economist," he said. "I look at numbers around projects."

It was irrelevant whether he liked the project, Fraser said, adding that he applied tools to determine if projects stacked up.

Tasman District Council and Waimea Irrigators Ltd are proposed joint-venture partners in the $82.5 million dam project in the Lee Valley, which is tipped to be funded by a mix of ratepayer, irrigator, and Crown funding.

A council consultation document on governance and funding options for the project is now open for public submissions.

Fraser said, in his view, the fundamental problem in the Waimea catchment was over allocation – an excess demand for water.

At the conclusion of the meeting, most attendees agreed to a resolution expressing a lack of confidence in the process followed by TDC regarding the dam and disapproval of the "misinformation" campaign and the "unfair proposed allocation of costs and risks to the general ratepayer".

Other meetings are scheduled for Brightwater, Motueka and Golden Bay.

(The Nelson Mail, Wednesday 1 November 2017)

Nelson bucks slowing trend

The latest Quotable Value report shows a continued rise for Nelson property values, despite the national market experiencing its slowest growth in five years.

Nelson property values have risen 3.7 per cent in the last three months and 13.9 per cent in the year to October. That compares to a national average increase of 2 per cent for the year, and a drop of 0.6 per cent in the Auckland market.

The average value in Nelson is $551,342, which is 44 per cent higher than in the last price peak in 2007. Values in the Tasman district have also risen, 2.4 per cent in the last three months and 12.6 per cent in the year to October. The average value in the district is now $546,808, 36.2 per cent higher than the 2007 peak.

Nelson had the third-highest growth, behind Hastings and Napier, and had the fifth-highest average property value.

(The Nelson Mail, Friday 3 November 2017)

New seating design for Bay park

Spectators could have 360-degree views of Golden Bay Recreation Park at Takaka if a new proposal for covered seating gets the nod.

Golden Bay Shared Recreation Facility Inc (GBSRF) is behind the proposal for a double-sided, elevated seating block earmarked for the middle of the park, between the football and rugby-cricket fields.

New board chairwoman designate Sara Chapman said the suggested location would also offer spectators a clear view of the annual A&P Show grand parade.

It was proposed the board would raise all the funds for the seating block with no cost falling on Tasman District Council or ratepayers.

(The Nelson Mail, Saturday 4 November 2017)

Thought for the Week

A man may die, nations may rise and fall, but an idea lives on

(John F Kennedy)