News and Publications

Property News: 20 November 2017

Luxury lodge sold to beer baron

British banking boss Sir Keith Whitson and his wife Lady Sabine Whitson have sold their Motueka luxury lodge and farm to the head of a French Polynesian beer and soft drinks business.

The asking price two years ago for Paratiho Estate had been $20 million, but the lawyer acting on behalf of the new owner, JeanPierre Fourcade, said he paid less than that.

The lodge on the property, built about 18 years ago, was originally a luxury hotel but has been used by the couple as a private residence.

It includes four lakes, a croquet lawn, a heli-pad, a professional standard putting green, a swimming pool, tennis court and an area of mature native bush.

Along with the lodge comes a 769 hectare sheep, cattle and deer farm about 50 kilometres west of Nelson.

Fourcade, 63, is the president of a brewery called la Brasserie de Tahiti and the great grandson of the person who founded it in 1914.

Fourcade has been president of the la Brasserie de Tahiti since 1992.

In a history on la Brasserie’s website he recalls the smells of the hops in the brewery from childhood, and looks to the future of the business.

(The Nelson Mail, Monday 13 November 2017)

Scientist hits back at dam claims

The Waimea River, near Nelson, will be dry most summers if more water is pumped from the aquifers under the plains without augmentation, according to Landcare Research water scientist Andrew Fenemor.

If minimum flows in the river were to be maintained and seawater intrusion avoided, there needed to be limits on water taken from the aquifers, he said.

Fenemor is a former Tasman District Council environmental manager and a member of the newly formed Community Water Solutions Advisory Group, set up to advise the council and its proposed joint-venture partner in the $82.5 million dam project, Waimea Irrigators Ltd.

The debate over the hydrology behind the project has a long history. Fenemor was part of a 2016 peer review of the hydrological science underpinning the design and operation of the proposed dam that found it was "fit for purpose".

(The Nelson Mail, Monday 13 November 2017)

House price fall may be just a blip

The median price of a house in Nelson has experienced its biggest year-on-year drop since 2012, new figures show, but homeowners needn't panic.

Nelson and Auckland were the only regions to record a fall in the median price of homes in the year to October, according to the latest monthly report from the Real Estate Institute of New Zealand (REINZ), with rises elsewhere leading to a high in the median price outside of Auckland of $440,000.

In Nelson City the median price fell 6.8 per cent to $447,500 in October, compared to $480,000 the year before.

However the figure dropped $33,500 in October, from $481,000 in September 2017.

The REINZ report showed the median price of a house in Tasman rose to $519,800 in October, compared to $499,000 the year before.

Last month, figures from Quotable Value showed the average value of a house in Nelson rose 14.4 percent over the year to September to $545,565 and by 13.6 per cent to $539,866 in Tasman.

The difference between the figures is down to the way they are calculated.

The average value is worked out by adding all the sale prices for homes sold in a specific area within a specified time frame, and dividing that total by the number of properties sold.

The median price is the sale price in the middle of the data set, when you arrange all the sale prices from low to high.

(The Nelson Mail, Friday 17 November 2017)

Grandstand gets its marching orders

The days look numbered for the Golden Bay grandstand after a last-ditch proposal for its retention fell short of Tasman District Council expectations.

A majority of councillors yesterday voted to confirm, as resolved twice previously, a decision to remove the grandstand from its spot at Golden Bay Recreation Park, near Takaka.

The grandstand would be deconstructed in a way that made the option of rebuilding it on another site possible. Its vaulted roof and other heritage elements would be set aside and stored for any group.

(The Nelson Mail, Friday 17 November 2017)

Mapua masterplan leaves boaties high, dry

Cold water has been poured on calls for a boat ramp to be built at Waterfront Park in Mapua.

Tasman district councillors on Thursday adopted the Mapua Waterfront Area Masterplan 2018-28 and it does not include a boat ramp at the park.

Mapua Boat Club has long been pushing for the proposed development after its members lost access to their club-built ramp at Mapua Wharf following a council decision in 2015 to restrict vehicle access to the increasingly busy area.

Other key points in the masterplan:

  • the area between Golden Bear Brewery and the estuary to be preserved as public open space. *TDC to retain ownership of its buildings at the wharf area;
  • Waterfront Park kept as open park space;
  • TDC to retain ownership of remediated land on Tahi St and Aranui Rd;
  • Grossi Point maintained as a reserve;
  • parking to be improved and managed with options such as peak-season time restrictions to be investigated;
  • lighting to be improved along with the accessibility and safety of walking areas.

(The Nelson Mail, Saturday 18 November 2017)

Cycle trail sections back in business

Sections of Nelson’s Great Taste Trail damaged by recent storms have been fixed in time for cyclists to hit the track this weekend.

Trail manager Joshua Aldridge said there had been two main areas of damage, the boardwalk outside the Nelson Pine Industry plant, and the section of track between Headingly Lane and the Richmond racecourse.

The boardwalk was repaired and lifted back in place by a crane within a week of some "pretty serious damage" during the November 7 storm, Aldridge said.

While the boardwalk is fixed and the trail "rideable", he said there was still some long-term work to be done.

(The Nelson Mail, Saturday 18 November 2017)

Thought for the Week

The misfortunes hardest to bear are those which never happen.

(James Russell Lowell)