|
|
Duke & Cooke Property News |
|
Published on: 27th October 2009 COUNCIL TO BUY UP ROADSIDE PROPERTY COUNCIL TO BUY UP ROADSIDE PROPERTYThe Tasman District Council has put aside $1 million to buy 48 property frontages in Lower Queen St and McShane Rd as part of the rezoning of Richmond west, and four homes will have to be demolished or removed. The homes are near the corner of Lower Queen and Stratford sts, and are likely to be acquired by the council in the next 10 years. Thirty-one property frontages in Lower Queen St and 17 in McShane Rd will also have to be bought to allow room for wider roads. Richmond west has been rezoned into residential, mixed business, light industrial and open-space areas to cater for the growth of Richmond over 50 years. Infrastructure for the area is worth millions, with the 10-year plan setting aside money for a list of projects including a $ 6.6m-water-treatment plant. (The Nelson Mail, Monday 19 October 2009) NEW MAPUA HALL PLANNEDThe Mapua Hall will be demolished and a new $2 million one built. Residents made the decision during a meeting at the hall last week, and the committee behind the project is hoping that work will start in 2011. During the evening, Mapua Hall Society committee chairman Mike Harvey ran through a presentation documenting the hall’s history and options for the future. The 80-year-old building is a former apple packing shed. It was shifted to Aranui Rd from its original site in Kina in 1944, and officially opened in 1945. The Tasman District Council will put over $800,000 towards the new hall, which will be owned by the society. Tasman District Council community services manager Lloyd Kennedy said that during the 10-year plan process, $875,000 had been put aside for the hall in the council’s 2011-12 budget. The money would be paid for through the facilities rate, and came with the condition that the community paid a minimum of 20 per cent of the costs. This ensured that a community was serious about having a new community centre, Mr Kennedy said. The council had asked that the hall be centred on the council-owned Mapua Recreation Reserve, and the society had agreed that this was a good idea, Mr Kennedy said. (The Nelson Mail, Monday 19 October 2009) $9M SOLAR SCHEME LAUNCHEDNelson City Council has launched its $9 million solar saving scheme which aims to help 1700 Nelsonians install solar water-heating over the next four years. The programme, which is similar to the council’s pay as you heat scheme, gives residents the chance to install a solar hotwater system and pay it back, plus interest, through their rates. Each installation attracts a $1000 subsidy from the Energy Efficiency Conservation Authority (ECCA). Under the scheme, the average cost of the solar hot-water system will be $5000-$6000. It will cost the city council $75,000 annually to administer it. The initiative is the first in New Zealand and is already attracting interest from other councils. (The Nelson Mail, Tuesday 20 October 2009) STEP FORWARD FOR ONE-STOP HEALTH CENTREPlans have now been drawn up for a new $10m health centre in central Nelson. Nelson radiologist Ben Castle, who represents the consortium of medical specialists backing the development, said the new Collingwood Medical Centre was intended to be a one-stop shop for medical treatment in Nelson. The 2300 sqm site stretches from Liquor King, on the corner of Collingwood and Hardy Sts, to St John St, which runs through to the Nelson police station. The three tenants currently occupying the site were coming to the end of their leases and the buildings would then be demolished for work to begin in the first quarter of 2011. Mr Castle hoped work on the three-level 3000 sqm building would be finished a year later. Stage two, which would include a cafe and a pharmacy, would be completed by the end of 2012. He said the total cost of the building was not yet finalised but estimated it would be about $7 m, not including fit-out, which would be arranged by the tenants. The land cost $2.3m. (The Nelson Mail, Thursday 22 October 2009) STADIUM DREAM COMES TO FRUITIONA highland piper led delegates, dignitaries, officials and members of the community to yesterday’s ceremonial opening of the $13 million Saxton Stadium, which has become the centrepiece of the Saxton Field sports venue in Stoke. The new stadium was described by Governor-General Sir Anand Satyanand as a ‘‘fitting symbol and tribute’’ to the tenacity and spirit of the people of the Nelson region. Sir Anand officially opened the new indoor stadium at an event that Nelson MP Nick Smith called a ‘‘red letter day’’ for the region, and which Nelson Mayor Kerry Marshall described as a monument to co-operation between the Nelson city and Tasman district councils. The 7000sq m stadium, designed by Christchurch firm Sheppard and Rout and project-managed by Arrow International, houses five basketball or netball courts, 12 volleyball courts and a table tennis area, along with an area for sports administration offices. (The Nelson Mail, Friday 23 October 2009) ARTS VENUE CONSULTING PROCESS GETS GOINGPublic consultation starts today on the Nelson City Council’s proposal for a regional performing arts and conference centre. The $ 28 million venue on an earmarked central city site which carries a price tag of $4.2m is to be complemented by a privately developed conference centre. The controversial project has been at the forefront of council plans, and has attracted wideranging public opinion on the choice of site, cost and necessity. The public consultation process is seen as another step toward the finish line of a 15-year marathon over addressing the need for a large performance venue for the region. The public will get a chance to speak to councillors and council staff at a stall at the Nelson Market on October 31, and at a public open day on Monday, November 9, at Civic House in Trafalgar St from 3pm to 7pm. Consultation ends on Tuesday, November 24. Submission forms are included in copies of the Statement of Proposal which can be collected from Civic House, online at nelsoncitycouncil. co. nz or at Nelson’s public libraries. Hearings are scheduled for four days in early December. The council intends to make a decision at its meeting on December 10.
(The Nelson Mail, Friday 23 October 2009) PROPERTY WATCHSections snapped up The auction of 10 sections in a further stage of the Bayview subdivision at Atawhai saw six sold under the hammer and ongoing interest in the remainder, Haven Realty principal Darryl Marshall said. The sections, ranging in size from 939sqm to 2087sqm, fetched between $275,000 and $375,000. Mr Marshall said the sales were up to 30 per cent above the RVs that were issued with the titles this year. ‘‘It’s a sought after area – they have substantial views and yet are so close to town.’’ A mixture of overseas, national and local people purchased the properties and there was ongoing interest in the remaining sites, he said. ‘‘There are people out there at the moment who are able to spend that type of money on a site and build a new home.’’ Pub business for sale The Honest Lawyer at Monaco is for sale with a price tag of $740,000 plus GST for the leasehold business. The country pub and accommodation complex has been owned for the past five years by John and Tracy Wheeler. It has been on the market for several months but Colliers International agents Ken Montgomery and Geoff Faulkner recently picked up the listing. Mr Montgomery said there had been ‘‘huge interest’’ from people in various places, including New Delhi, Thailand and Auckland. ‘‘We’ve achieved a high level of publicity in various media. In conjunction with the realistic asking price, I’m very optimistic about the likely results.’’ Interest in Mapua A lack of sections available for building on in Mapua is resulting in strong buyer interest for existing homes, particularly those under $400,000, Property Action valuer Kim Bowie said. A three-bedroom home with an RV of $350,000 at 66 Iwa St sold for $379,500 just nine days after it was listed for $375,000, while a four-bedroom home at 3 Langford Drive with an RV of $385,000 fetched $440,000 last month, 12 days after it was listed for $425,000. Meanwhile, a four-bedroom home at 23 Broadsea Ave, Ruby Bay with an RV of $580,000 sold for its $560,000 asking price the day after it was listed, and a fourbedroom home at 304 Pomona Rd, Ruby Bay with an RV of $1.5 million that was listed for sale in January 2008 for $1.385m sold last month for $1.32m. Mr Bowie believes the area is facing a genuine shortage of listings and stock in the lower price brackets, and properties are fetching fair values in the current market. Loving the change The newly built Century Park Motor Lodge in Rutherford St, Nelson opened this month under the ownership of former Ray White Real Estate agents Ross and Jan Grant, and their son and daughter-in-law, Brendon and Rosalie Grant. Jan Grant said she and her husband had been in real estate for 15 years and were loving the change. ‘‘If you love people and you love property, you love this sort of thing.’’ The motel, developed by Brent Ennor of Christchurch, has 14 rooms ranging to studios to two-bedroom units. City buildings sold Two commercial buildings in residential areas of Nelson – one in Motueka St and the other in Tipahi St – sold following a tender campaign through Summit agent Jane Neilson. Summit Richmond branch manager Jeff Hulme said the buyers of the Motueka St property planned to use it as a private residence, while it was hoped that the Tipahi St property could be put to commercial use for something like a gallery, depending on council rules. He declined to comment on the purchase prices. The Motueka St property has an RV of $170,000 and the Tipahi St property’s RV is $84,000. (The Nelson Mail, Saturday 24 October 2009) DID YOU KNOW?The Duke & Cooke range of services includes arbitration. THOUGHT FOR THE WEEKAlways remember you're unique, just like everyone else. |
|
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 |
