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Duke & Cooke Property News |
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Published on: 2nd November 2009 ART DEFINES COMMUNITY SPACE ART DEFINES COMMUNITY SPACETahunanui Beach’s new barbecue area is almost completed. The sculpture Portal, made from beams of the demolished Awatere rail bridge, was put in place yesterday and the entire artwork for the area is expected to be finished tomorrow. Four artists have been working on the gateway sculptures at the entrance to the area for three weeks. Darryl Frost, Grant Scott, Adrienne Tait and Sean Walker developed the concept and collaborated on the design and construction of the three major structures, made from recycled timber and wharf piles. The first structure is a series of upright poles, with two main timber structures featuring several boulders suspended between the beams. Another is Portal, an archway featuring recycled timber beams and steel, and the final sculpture is made of beams assembled in a tripod shape, cradling a boulder-like steel ball. (The Nelson Mail, Thursday 29 October 2009) CELEBRATION OF DESIGNThe newly opened Saxton Stadium has won a commercial architectural excellence award in the NZ Wood Timber Design Awards 2009. The awards, announced in Auckland on Tuesday night, celebrate outstanding design, engineering and timber construction. The Saxton Stadium was designed for multi-sport use, including netball, volleyball, basketball and table tennis. The entrance atrium was given special mention for being an ‘‘excellent example of how an engineered timber solution can produce a stunning architectural result’’. (The Nelson Mail, Thursday 29 October 2009) VILLAGE GREEN PLAN FOR THE GLENA village green similar to the Maitai cricket ground is proposed for an area at the Glen north of Nelson. The opportunity to develop the area into one featuring ‘‘strong natural landscape elements’’ came about after the Nelson City Council bought land at the Glen several years ago, a report to councillors says. The purchase from the Cawthron Institute of a further strip of land adjacent to the Boulder Bank meant the council was able to develop the area for reserve purposes. City council chief executive Keith Marshall said in a report that the plan for the village green had been developed in collaboration with the Department of Conservation which managed the Boulder Bank reserve. (The Nelson Mail, Thursday 29 October 2009) RESIDENTS CHALLENGE PROPOSED PARKA cluster of Moana Ave residents, whose properties back on to Princes Dr and in some cases encroach on public land, have challenged the Nelson City Council over its plans to turn the area into a neighbourhood park. The residents stated their case in the public forum of yesterday’s full council meeting, led by Helen Reynolds, who was representing her elderly mother, Doris Reynolds, whose property adjoins the reserve. They are concerned about the potential for increased noise and antisocial behaviour, above and beyond what they already put up with from some who use the nearby section of Day’s Track. The council informed Mrs Reynolds and immediate neighbours earlier this year about plans for the reserve adjoining their properties, which was earmarked to eventually become a playground, and advised them to remove items they wanted to keep that were currently on the council’s land. (The Nelson Mail, Friday 30 October 2009) PROPERTY WATCHNew fashion in Trafalgar St Australian-based fashion retailer Cotton On has leased the former Paper Plus premises in Trafalgar St through a former Nelsonian who has started his own specialist retail realty firm in Auckland. GBU Realty owner Grant Unsworth said the Cotton On group started in 1991 and now had 600 stores throughout Australia, New Zealand, Singapore, Hong Kong, Malaysia and the United States. ‘‘The arrival of Cotton On to Nelson will further enhance the fashion offering in Trafalgar St.’’ Mr Unsworth said he was ‘‘actively involved nationally with a number of retailers’’ and hoped to have another Trafalgar St lease signed up soon. Big home finds buyer at last A 450-square-metre home with five bedrooms and four bathrooms at 28 Valhalla Dr, Richmond, has sold for $950,000 after nearly a year on the market. The Mediterranean-style home with a lap pool and self-contained apartment was built in 2000 and has a ratable value (RV) of $980,000. According to Real Estate Institute statistics, it was listed last October, signed up in August and the sale became unconditional last month. Bayleys Nelson agent Daniel Reed declined to comment on the sale. Meanwhile, a threebedroom home at 6 City Heights in Nelson that was listed for sale in July also sold last month, for $1.2m. Its RV is $1m. Rating valuations out soon Nelson homeowners are due to receive new ratable valuations in November, although Quotable Value is keeping tight-lipped about what they reveal. Valuer Hugh Fitzgibbon said properties were valued on behalf of the Nelson City Council at September 1 and the new values were now being audited before implementation on November 7. Notices would be posted to property owners on November 13 and they had until December 22 to lodge objections. The council would receive the new values on November 12 and it was up to it to decide whether they would be released to the media, he said. House sales outstrip RVs While the property market hasn’t been booming in the last few years, several Nelson property sales in September easily exceeded the rating valuations that were last issued in 2006. Real Estate Institute statistics show a four-bedroom home at 47 Bledisloe Ave in Stoke with an RV of $385,000 sold for $540,000 the day it was listed; a three-bedroom home at 372 Hardy St, Nelson, with an RV of $500,000 fetched $600,000; a five-bedroom home at 145 Moana Ave, Nelson, with an RV of $630,000 fetched $795,000 and a home at 2 Sterling Way in Stoke sold the day it was listed for $690,000. Its RV is $600,000. City office block sells A two-storeyed office block at 43 Halifax St in Nelson attracted strong local interest and multiple offers when it was tendered and sold last month, Summit commercial agent Bevan Dixon said. ‘‘It is a good, clean office block with good parking and existing tenancies as well as being in a good location.’’ Mr Dixon declined to comment on the purchase price. The RV is $850,000 and it fetched this price when it was last sold in 2007. (The Nelson Mail, Saturday 31 October 2009) DID YOU KNOW?Duke & Cooke also provides expert witness services. THOUGHT FOR THE WEEKMan blames fate for other accidents, but feels personally responsible when he makes a hole-in-one! |
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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 |
