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Duke & Cooke Property News |
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Published on: 24th August 2009 HOUSES GET WARMER HOUSES GET WARMERFifty-eight houses in Nelson city and Marlborough have been insulated or heated in the first month of the Government’s household energy efficiency programme. Energy Efficiency Conservation Authority chief executive Mike Underhill said that nationally, 3282 homes were fitted with new insulation and/or clean heating in the first month of the Warm Up New Zealand: Heat Smart programme. No homes in Tasman have yet been retro-fitted under the scheme, which allows home owners to claim an insulation subsidy of 33 per cent up to $1300, plus $500 for an approved heating appliance. Community services card holders are eligible for a 60 per cent subsidy and $1200 for an approved heating appliance. (The Nelson Mail, Wednesday 19 August 2009) ARTS CENTRE DEADLINE EXTENDEDThe deadline has been extended for an agreement on the purchase of a site in Rutherford St for a proposed performing arts centre in Nelson. The Nelson City Council announced last year it planned to pay $4.2 million for the 3662-square-metre central Nelson site, but aspects of the agreement had to be sorted out before settlement in July this year. It provided $5m in the 2009-10 budget to cover the site purchase, project management, finalising an agreement with a partner and to start detailed design work and costings. The council had earlier signed an agreement with Rutherford Holdings, which is owned by the Talley’s group, to buy the site next to the Rutherford Hotel, and the parties had intended to build a conference centre and performing arts centre. City council chief executive Keith Marshall said an extension to the land-purchase deadline had been reached by mutual agreement among the parties involved, mainly due to the number of people absent in July. He was expecting a resolution within the next few weeks. (The Nelson Mail, Friday 21 August 2009) CONSENTS SOUGHT FOR OIL EXPLORATIONA major Australian exploration company has taken another step forward in its search for oil in Tasman Bay, seeking consent to drill an exploration well near D’Urville Island. Australian Worldwide Exploration is seeking seven Marlborough District Council coastal permits as part of the proposed exploration 10 nautical miles west of D’Urville Island. (The Nelson Mail, Friday 21 August 2009) BROOK SANCTUARY HEARING TO STARTA commissioner’s hearing will start in Nelson on Monday on a resource consent application by the Brook Waimarama Sanctuary Trust. The trust is seeking consent from the Nelson City Council to build a pest-proof fence and track around the perimeter of the Brook catchment in order to create the sanctuary; to develop a network of walking and four-wheel-drive quad bike tracks within the sanctuary; and to establish pest-proof structures. A report on the background to the application concludes that adverse effects on the environment associated with the project ‘‘will be minor’’ when weighed against the benefits the project would produce for native flora and fauna, and for the people of Nelson. The Brook project was officially launched in March 2004, and the trust formed in June 2004. Since 2007, about 200 volunteers have carried out a pest trapping programme in the area. The Nelson City Council then granted the trust the lease of the land. (The Nelson Mail, Saturday 22 August 2009) PROPERTY WATCHNew site for I-Cafe The former House Parts store in Bridge St, Nelson has been tenanted by Endeavour I-Cafe, which began trading there this week. Owner Luke Fairbairn said the business – designed to support backpackers with internet, laundry and computer repair services as well as CDs for sale – had shifted from 93 Hardy St. The premises were signed up through Harcourts commercial agent Trevor Watson, who has also just leased Trendez’s former store in Bridge St. He said the new tenants had asked that their identity remain confidential. Mr Watson said he expected to see further changes in the inner city, having signed up some other leases that had yet to go unconditional. ‘‘Spring changes people’s thinking. It creates some activity for us.’’ Popular price bracket A ‘‘feeding frenzy’’ appears to be taking place with properties listed for sale around the $300,000 mark in close proximity to Nelson, Green Door managing director Gary Le Petit says. ‘‘We’re seeing good prices achieved, and really quickly.’’ A four-bedroom weatherboard home on an ‘‘attractively landscaped’’ 916sq m section at 188 St Vincent St sold within a week of being listed with Green Door for $285,000. Its RV is $190,000. Meanwhile, a two-double bedroom home on a 544sq m section at 41 Mt Pleasant Ave that was listed at $255,000 attracted seven parties to its first open home on Friday, and at least four offers have since been submitted. Its RV is $235,000. Motueka tops list Motueka is the most popular location in the Nelson region, according to views on the Trade Me Property website last month, although it also has more listings than anywhere else. Trade Me Property yesterday had 358 Nelson listings and 460 from Tasman, with 124 of those being in Motueka and 70 in Takaka. By comparison, Richmond had 65 listings, Nelson city had 35, Stoke had 55, Atawhai had 36 and Nelson South had 78. Ray White Motueka principal David Ogilvie said the high number of listings in Motueka probably reflected the large variety of properties there. ‘‘A lot won’t be in Motueka township.’’ Beach and rural properties had become harder to sell, while residential properties between $250,000 and $450,000 were generating more interest, Mr Ogilvie said. (The Nelson Mail, Saturday 22 August 2009) DID YOU KNOW?Duke & Cooke independent valuations can be used for feasibility investments and appraisals. THOUGHT FOR THE WEEKRemember, amateurs built the ark. Professionals built the Titanic. |
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This publication is compiled by Duke & Cooke Ltd, valuation and property specialists. The information contained within this newssheet has been obtained from various local sources and no responsibility is held for any parties relying on the accuracy of this information without obtaining independent verification. To contact us regarding circulation of this service: Phone +64 (03) 5489104, Fax +64 (03) 5468668, or email: admin@valuersnelson.co.nz |