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Duke & Cooke Property News |
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Published on: 5th July 2010 TRAFALGAR CENTRE UPGRADE BEST OPTION TRAFALGAR CENTRE UPGRADE BEST OPTIONThe Nelson City Council has narrowed its focus to the Trafalgar Centre as the foundation of a new Nelson conference centre. On Thursday, councillors will discuss the option of going to the public for feedback on: - Whether people support a conference centre for the Nelson region. - Views on progressing a conference and performing arts centre development in a staged approach, with the conference centre taking precedence. - Whether there is support for integrating a conference centre into a proposed upgrade of the northern end of the Trafalgar Centre. (The Nelson Mail, Monday 28 June 2010) SMOG AREAS FOCUS FOR TDC STAFFResidents living in air pollution ‘‘hotspots’’ will be eagle-eyed by the Tasman District Council this winter. In a bid to clean up the smoggy atmosphere, 1800 households in Richmond, Brightwater and Wakefield with the dirtiest air will be warned about health risks through an edition of the council’s Newsline magazine. (The Nelson Mail, Monday 28 June 2010) NEW SHOP'S CUSTOMERS CAN'T WAITPeople are banging on the doors on the new Hospice shop in Nelson to find a bargain to take home before it has even opened. The shop has moved a few doors down into larger premises in Bridge St, and will reopen either today or tomorrow. Shop manager Irene Dunning said an army of volunteers had spent two weeks moving stock to the new store and unpacking it. All the items sold in the shop are donated, and the money raised goes back to the Nelson Hospice. (The Nelson Mail, Monday 28 June 2010) MARKETING PLAN FOR CREMATORIUMA ‘‘mistaken assumption’’ that loved ones dying in Nelson are being cremated at the Wakapuaka crematorium, when in fact they may not be, is one reason it is operating below capacity, a city council report says. It notes that the Wakapuaka crematorium is not handling as much business as it could, and a marketing plan is needed to promote the cremator and its associated chapel. Wakapuaka crematorium income: 2008 2009 Human cremations $37,729 $48,559 Animal cremations $15,725 $22,195 Total $53,454 $70,754 (The Nelson Mail, Tuesday 29 June 2010) SMOKEHOUSE CAFE FALLS VICTIM TO RECESSIONThe Smokehouse Cafe at Mapua Wharf will close on Sunday after more than 18 years of operation. Owner David Endersby, who bought the business three years ago, said a combination of two years of recession and ‘‘an unrealistically high rent’’ has meant he and his wife, Julina Ismail, have been unable to renew the lease. When they bought the business they also received the trademark for the name Smokehouse, which will continue to be used to operate their takeaway and smoked fish businesses from the current location on the wharf. The last business day will be on Sunday. (The Nelson Mail, Thursday 1 July 2010) MASSIVE MUSSEL FARM GETS NODAfter seven years of trying, and against concerted opposition from commercial fishermen and environmentalists, Nelson’s Wakatu Incorporation has got approval for a massive mussel farm off D’Urville Island. But it might wait for prices to improve before developing it. It will be the biggest mussel farm in the top of the south. Wakatu chief executive Keith Palmer, while welcoming the news, said it came at a time when the mussel industry was not profitable. A development strategy had not been determined, he said, and it could be Wakatu might hold off. (The Nelson Mail, Friday 2 July 2010) SPLIT VOTE PUTS OFF MOVES TO REVAMP CENTRENelson’s marina development, city libraries, new work relating to Saxton Field and work on some infrastructure projects will take a back seat to next year’s Rugby World Cup, as council staff turn their attention to delivering the world class event in the city. What's on hold: - Rutherford Park development, marina berths, skate park design and Brougham St upgrade. - Libraries to delay start or completion of some projects identified in the strategic plan. - Additional work requested through the social wellbeing policy. - New policy work on Saxton Field. - Paring down of public communications. - Smaller festivals as team manages Festival of Rugby. (The Nelson Mail, Friday 2 July 2010) BUILDING BOOM IS A BOOST FOR THE AREABuilding activity in Nelson is bucking the trend of a national slump. Consents for new houses and alterations, excluding woodburner consents, in Nelson city have increased significantly in the first five months of the year compared with the same time last year, and the value of all building work jumped from $41 million in 2009 to $62m. Nelson city: Jan-May 2009 2010 New Houses 39 96 Alterations 183 249 Commercial 73 82 (The Nelson Mail, Saturday 3 July 2010) PROPERTY WATCHBuyers remain cautious The auction of several townhouses in the seventh stage of a residential development in The Wood, Nelson, attracted plenty of people this week, but no sales, Ray White Stoke principal Christine Cook said. Stage seven includes eight three-bedroomed, two-bathroom apartments. Only six were up for auction, because two had already sold to members of the development syndicate. Communication was lost with a Hong Kong purchaser who intended to bid, and Ms Cook said this prevented the auction from taking off. Three buyers viewed the properties on Thursday, the day after the auction. The project began about five years ago on about 8000 square metres of land formerly occupied by glasshouses. Ms Cook said there were 26 completed apartments so far, and most sales had been more than $300,000. Larger homes in demand No property sales in the Nelson region during May exceeded the $1 million mark, but several four-bedroomed homes in Nelson city fetched more than $800,000, according to Real Estate Institute statistics. They include 4 Ngatitama St, which has a rateable value of $850,000 and sold for $950,000; a home at 15 Richmond Ave that sold for its RV of $850,000; a property at 53 Halifax St East, with an RV of $720,000 that fetched $837,000; and 12 Saddleback Rd in Atawhai, which has an RV of $723,000 and sold for $855,000. Bayleys agent Daniel Reed has also been reporting strong buyer interest in high-quality properties around Mapua, and last week clocked up two more sales there. One was a four-bedroomed home at 101 Brabant Drive, which has an RV of $1.37 million and was priced at $1.35m. The other home, at 65 Dawsons Rd, has an RV of $900,000 and was for sale, with the price by negotiation. Gizmos expands to Richmond Nelson store Gizmos is opening a shop in Richmond. Owner Tim Kelly said he had signed the lease for the former Thread play needlework store at 205 Queen St, next to the Night Owl dairy, and hoped to have the new shop operating by about July 20. Gizmos sells a range of T-shirts and skate gear and does tattoos and body piercings. Mr Kelly started the business in Nelson eight years ago. He said the Richmond store would be similar to the one in Bridge St, but smaller and ‘‘more refined’’. Interest in city building The inner-city Nelson building that houses the Lighting Plus and Nood stores has not sold since tenders closed this week. Owner Rob Stevenson said there was ‘‘a bit of interest there’’ and negotiations were under way. ‘‘It’s not the most buoyant time. We’ll see how it goes.’’ The 1379-square-metre building, which fronts Wakatu Square, was marketed by Bayleys agent Doug McKee. (The Nelson Mail, Saturday 3 July 2010) THOUGHT FOR THE WEEKThere are three dimensions to credit cards; length, width and debt. |
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