Duke & Cooke

Duke & Cooke Property News
Property News from the Nelson Tasman Region

Published on: 7th September 2009

NEIGHBOURS OPPPOSE WAIMEA GRAVEL PLAN
RENTAL OPPORTUNITY 'TOO GOOD TO MISS'
WAKATU SEEKS $10M FOR CENTRE
STOKE'S OMAIO REST HOME WILL CLOSE
REST HOME COMPLETES PLAN FOR 20-BED HOSPITAL
HOSPITAL PLANS UPGRADE
DEAL REACHED OVER TUKURUA BEACH ACCESS
RESORT GIVEN GO-AHEAD
WARNING ON WORLD CUP GREED
PROPERTY WATCH
DID YOU KNOW?
THOUGHT FOR THE WEEK

NEIGHBOURS OPPPOSE WAIMEA GRAVEL PLAN

A resource consent application to excavate more than 650,000 cubic metres of gravel from a Waimea Plains farm has attracted overwhelming criticism, with residents fearful their environment and lifestyle will be violated. Contracting company Downer Edi Works has applied to the Tasman District Council for a land use consent to extract the gravel from Eden Farm over 25 years. It is rare for such large consents to be lodged and the application has attracted 51 opposing submissions, many of them scathing. The farm, which is rural one land, is accessible from the end of Pugh Rd and runs alongside the Waimea River. The company’s application states that an average depth of three metres of gravel will be extracted over 20 hectares. It classifies gravel extraction as an ‘‘essential public function’’ and states that a maximum volume of 50,000 cubic metres of gravel will be extracted each year.

(The Nelson Mail, Monday 31 August 2009)
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RENTAL OPPORTUNITY 'TOO GOOD TO MISS'

A Nelson company has launched a website offering New Zealanders the chance to rent out their homes to rugby fans during the 2011 World Cup. Sue Robinson, managing director of the 80 Minute Game, said the website enabled ordinary New Zealanders to leverage off the predicted influx of tourists in 2011. ‘‘The website offers excellent advice for those wanting to list their homes, and a secure booking system for homeowners. This is too good an opportunity to miss.’’ The company has been developing links with regional tourism organisations and i-sites throughout the country to ensure properties get the best exposure and guests get the best experience, she said. ‘‘Even though we are still two years out from 2011, the race for accommodation is on.’’ The website, 2011rugbyaccommodation.com, is for non-commercial accommodation providers.

(The Nelson Mail, Monday 31 August 2009)
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WAKATU SEEKS $10M FOR CENTRE

Facility planned at the Glen

A Cabinet decision by November will decide whether an ambitious Nelson project aimed at reshaping New Zealand's seafood and aquaculture industry will get a $10 million kickstart. Wakatu Incorporation has applied to the Ministry of Economic Development for $10.45m from its enterprising partnerships fund towards the Horoirangi Centre of Seafood and Aquaculture Innovation. Its chief financial officer, Joe Scragg, said Wakatu Incorporation had been told a Cabinet decision would be made by November at the latest. That money would contribute to establishing a shared research facility and an offshore pipeline to provide seawater for the commercial scale development of aquaculture ponds, hatcheries and incubator facilities at the Glen. A feasibility study and business plan have been completed and the next stage is establishing the infrastructure.  A third stage would then establish large-scale commercial aquaculture operations with industry partners. The Ministry of Economic Development assesses the applications to the enterprising partnerships fund and a decision is made by Cabinet after consideration by Economic Development Minister Gerry Brownlee.

(The Nelson Mail, Tuesday 1 September 2009)
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STOKE'S OMAIO REST HOME WILL CLOSE

The company that owns Omaio Village Rest Home has confirmed the Stoke rest home will close but has to wait until the final five residents have found a new place to live before it can make any decisions about the future of its staff or the building. Oceania Group chief executive Geoff Hipkins said the decision to close Omaio was made this week after consultation with staff, residents and their families. Stoke Village – Omaio’s retirement village of independent living units – will remain open with support services provided by Whareama and Otumarama rest homes.

(The Nelson Mail, Wednesday 2 September 2009)
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REST HOME COMPLETES PLAN FOR 20-BED HOSPITAL

Plans for a 20-bed hospital to be developed at Stoke’s Kensington Court Lifecare rest home are being finalised. The development will create about 10 jobs and provide around-the-clock intensive care. The rest home, which is owned by the Ultimate Care group, employs about 40 staff and accommodates about 90 residents. They live in villas or the rest home building. The new hospital would mean people who lived at the rest home would not have to shifted when their health deteriorated. The hospital will be developed on the rest home’s McMahon St site so the company did not have to buy more land.

(The Nelson Mail, Wednesday 2 September 2009)
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HOSPITAL PLANS UPGRADE

Nelson’s health board is pushing ahead with plans for another multimillion-dollar redevelopment of the city’s public hospital in the next five years. Still in the concept stage, the board estimates the Nelson Hospital redevelopment will cost between $33 million and $42m. Long-term possibilities were a new psychogeriatric unit to replace Alexandra Hospital, a new surgical, training and office block and a new three-storey car park.

(The Nelson Mail, Wednesday 2 September 2009)
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DEAL REACHED OVER TUKURUA BEACH ACCESS

An agreement has been reached between Golden Bay Holiday Park owners and management and Tukurua residents, allowing the latter access to the beach through the campground. However, the written agreement does not give the general public access to the beach, which was blocked two years ago by campground owners Parks and Camps. The nearest public access to Tukurua Beach is from Washbourne Rd, Onekaka, or from Parapara, each a 20-minute walk either side of Tukurua. Upper Tukurua resident Andy Clark, who was involved in negotiations between residents, owner Bob Perriam and camp manager Paul Holm, said residents were ‘‘very happy’’ with the new arrangement. Under the deal, beach access is permitted during daylight hours only, and anyone not known to park management must call at the camp office to gain access approval on each occasion.

(The Nelson Mail, Friday 4 September 2009)
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RESORT GIVEN GO-AHEAD

Work on a $20 million eco-resort at Best Island will get under way next year. Consent for the eco-village has been granted by the Tasman District Council, with work on the resort to take about two years. The resort will be built on land partly owned by the Greenacres Golf Club and will have 31 accommodation units for both residential and commercial use. The resort, to employ between 20 and 30 people, will also include buildings for staff administration and accommodation and a house for the manager.

(The Nelson Mail, Friday 4 September 2009)
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WARNING ON WORLD CUP GREED

'Don't hike house rent for fans'

Nelson homeowners thinking of renting out their properties during the Rugby World Cup 2011 are being warned not to hike prices. Richmond businesswoman Sue Robinson, managing director of the 80 Minute Game – a website New Zealanders can access to rent out their homes during the World Cup – said people would have to be realistic when setting prices. ‘‘People will get a high-season rate, but nothing like the rates in larger centres,’’ she said. An executive home near Auckland’s Eden Park, for example, will command between $4000 and $5000 a week during the final, while homes in and around Nelson could expect to attract holiday rentals of between $200 and $300 a night around the time two of the games are held here. Nelson could expect up to 6000 visitors for each of the two games that will be played in the city in September 2011 and will involve the Italian team. A decision is pending on whether Nelson will be named a host venue for a team or teams to be based in the region.

What's available

Type of establishment                No.         Estimated number of beds

Hotel                                           13                          780

Motel                                           94                       4776

Hosted (B&B)                              32                         364

Backpacker                                 27                       1224

Caravan Park                              21                       3806

Source - Nelson Tasman Tourism

(The Nelson Mail, Saturday 5 September 2009)
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PROPERTY WATCH

Sale price well above RV

A four-bedroom, two-bathroom home in Highview Dr with an RV of $480,000 sold for $600,000 after its first open home. Bayleys agent Bruce Farquhar said the home was of ‘‘exceptional build quality’’ and had some design features that positioned it above average in the market. The buyer was a local family returning from Australia. ‘‘The winter shortage of stock coincided with renewed confidence from buyers and some of the banks relaxing their lending requirements, which has reflected in excellent sale prices, including this one,’’ Mr Farquhar said.

German eatery opens

The former Havana’s Restaurant in Tahunanui is being turned into a German restaurant. Co-owner Jasmin Wessels said Kraut’s had started opening for coffee and lunches. The garden area is being renovated and will become a beer garden, which is expected to open in about five weeks. They also intend opening for evening meals. Mrs Wessels said her family had only recently migrated to Nelson and wanted to give everybody a taste of good-quality German food. Her husband, brother and mother are all assisting in the business alongside her business partner, German chef Rene Stumpp.

Summit completes move

Summit Real Estate will operate from its new offices in the former Print House building on Rutherford St, Nelson, from Monday. General manager Vaughan Borcovsky said the agency’s residential, commercial, property management and mortgage broker teams would all operate under the one roof.

(The Nelson Mail, Saturday 5 September 2009)
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DID YOU KNOW?

Duke & Cooke independent valuations can be used for market overviews, trends and property investment advice.

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THOUGHT FOR THE WEEK

Borrow money from pessimists - they don't expect it back.

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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.

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