News and Publications

Property News: 7 May 2018

Demand fuels tank spruce up

Demand for diesel in the top of the south has fuelled a spruce-up of BP's fuel storage tanks at Port Nelson.

BP New Zealand spokeswoman Anna Radich said New Zealand Oil Services Limited (NZOSL) are currently completing the refurbishment of an existing tank at its Nelson terminal that, once certified for use, will provide an additional two million litres of diesel storage.

The refurbished tank had been covered up over the last few weeks as work was undertaken before the covers were removed and scaffolding taken down on Wednesday.

As well as the tank refurbishment, BP New Zealand are building an additional truck loading facility at the Hay St end of the terminal, which Radich said was "to enhance supply capabilities with the growing fuel demand in the top of the South Island."

The Nelson terminal, part of a cluster of tanks that service the major oil companies and located on reclaimed land beside Haven Rd, is owned by BP New Zealand.

(The Nelson Mail, Monday 23 April 2018)

Okiwi Bay research facility ready to go

Nearly two years on from being given the green light to construct a new research facility in the Marlborough Sounds, work on fish food company Skretting's controversial project at Okiwi Bay is just weeks away from completion.

Skretting NZ technical manager Ben Wybourne said despite some delays in the arrival of main trial tanks, most of the main equipment and systems had been installed.

The proposal had met fierce opposition from Okiwi Bay residents who organised protests, petitions and provided submissions to voice their concerns over noise, light pollution and environmental impacts.

The Marlborough District Council initially received 219 submissions in relation to Skretting's application, of which 10 were in support and 209 were opposed.

Commissioner Ron Crosby granted the company permission to establish the facility in Okiwi Bay in a 71-page decision, released on July 7 2016.

(The Nelson Mail, Monday 30 April 2018)

Schooled on a musical 'gem'

After four years of redevelopments, and many unwanted surprises, one of Nelson's landmarks is finally open to the public.

The updated entrance of the Nelson Centre of Musical Arts marries the old with the new, showing the brick wall of the 117-year-old auditorium through glass, connecting the two buildings together.

Irving Smith architect Andrew Irving said the project had thrown them a lot of curveballs over the past several years, including hidden structural work and a surprise asbestos find.

The total cost had initially been budgeted at $8m, and now sat at about $9.5 million.

It all started when in December 2013, the 1901-built heritage auditorium was closed due to earthquake risk.

After a nearly three-year wait, work to refurbish the auditorium and build a multi-million dollar rehearsal and teaching facility finally started in September 2016.

It was the largest development in the 124-year history of the school, the oldest institution of its type in New Zealand.

A new recital theatre with black brick, several green rooms and backstage areas now sits on the corner of Nile St and Collingwood St, alongside the refurbished auditorium.

(The Nelson Mail, Monday 30 April 2018)

Forestry link to river damage

Pine forest plantations are "probably" contributing a disproportionate amount of damaging fine sediment into Nelson city's Maitai River, new research says.

Recently harvested or replanted forestry land was a substantial source of sediment in the Maitai and tributaries in its upper and middle reaches, the NIWA research carried out for Nelson City Council showed.

Pine sediment accounted for 80 per cent of sediment below the Maitai Dam.

Sediment sources in the middle reaches were dominated by gorse and broom soil sources, which was "almost always associated with pine forest that had not been replanted following harvest, or had been replanted, but had yet to achieve canopy closure."

The study recommended management strategies to reduce sediment yield during harvesting, to replant harvest pine forest land, and to identify and mitigate the sources of bank and pastoral sediment.

Dougherty said the council was in the process of retiring its forestry blocks which were "not well-suited to plantation forestry, and may have contributed to sediment issues in the past".

(The Nelson Mail, Wednesday 2 May 2018)

Alarm at dam overrun plan

Irrigators who sign up to the proposed Waimea dam may face additional costs if the project goes over budget by more than $3 million.

Tasman District Council in its draft revenue and financing policy says it may introduce a targeted rate based on capital value to properties with Waimea dam-related affiliated consents in the event of a default on loans or project cost overruns in excess of $3m.

The prospect has alarmed some people involved with Waimea Irrigators Ltd (WIL), which is a proposed joint-venture partner with the council in the dam project that is earmarked for the Lee Valley, near Nelson.

However, WIL "strongly opposes" the council being able to target rate if the project cost overruns exceed $3m "on the grounds that it contravenes the project agreement term sheet".

That term sheet, signed by both parties, "clearly outlines" that the council and WIL agree to cover the first $3m of any cost overruns on a 50:50 basis.

(The Nelson Mail, Friday 4 May 2018)

Heat comes out of Nelson housing market

An increase in homes for sale in Nelson has taken some of the heat out of the region's housing market, with house values rising by less than one per cent over the last three months, new figures show.

The average value of a residential property in Nelson stood at $562,832 according to the latest figures from Quotable Value; a rise of 6.7 per cent in the year to April, and of 0.8 per cent over the last quarter.

In Tasman district, growth in values rose 8.5 per cent year-on-year, and by just 0.9 per cent over the last quarter, to $565,906.

An increase in rental properties going up for sale was one of the main reasons the market had plateaued over the past few months, QV Nelson Property Consultant Craig Russell said.

Prices had dropped in some cases because vendor expectations were too high, Russell said.

"Expectations in some cases have risen faster than the market, which has a resulted in some properties sitting on the market for an extended period."

Section prices remained strong due to a "lack of availability of land for sale", and coincided with an increase in "in-fill" developments, Russell said.

Growth in property values in Nelson has gradually eased since early 2017, when the average value hit half-a-million dollars, and quarterly growth stood at around 5 per cent.

However, Nelson was the fifth most expensive place to live of the 15 places listed in the Quotable Value report.

(The Nelson Mail, Friday 4 May 2018)

Boat ramp plan may get the heave-ho

A regional boat ramp proposed by Tasman District Council in its draft Long Term Plan 2018-28 may be sunk.

Staff have proposed the council consider deferring the boat ramp project to outside the 10 years of the Long Term Plan (LTP).

Under the draft LTP that has been out for public consultation, $30,000 was earmarked in 2019-20 to develop a boat ramp and jetty strategy followed by capital budgets of $108,000 in 2022-23 and $963,000 in 2023-24 for the project.

However, in a report for scheduled LTP deliberations on Friday and Monday, staff suggest the project could be deferred.

A regional ramp was preferred by the council over calls from the boat club and some other members of the community for a ramp to be built at Waterfront Park in Mapua.

(The Nelson Mail, Friday 4 May 2018)

Housing eats into valuable rural land

Urban areas in Tasman district have expanded by at least 764 hectares at the cost of some of the district's most versatile land.

That urban sprawl from 2292ha to 3056ha between 1996 and 2012 was equivalent to an increase of 33 per cent – far above a 10 per cent hike nationally over the same period.

The statistics were highlighted in a report by Tasman District Council environment and planning manager Dennis Bush-King that compared some land use changes in Tasman district with national findings that were outlined in a Government report called Our Land 2018, which was released in April.

At the time of the release of Our Land 2018, Environment Minister David Parker said he was particularly troubled by how much of the urban growth nationally was occurring on "our irreplaceable highly productive land".

In his report, Bush-King says much of the urban expansion in Richmond West, Richmond South and Motueka West has been at the cost of some of the district's highly versatile land.

The report sparked little discussion among councillors at a committee meeting on Thursday.

(The Nelson Mail, Saturday 5 May 2018)

Thought for the Week

You can't start the next chapter of your life if you keep re-reading the last one.