Property News – 24 November 2021

Grief as bach lost to history

Alan Cederman feels drained, he says.

It has been more than a week since his historical bach burnt down in a fire at its location on the Boulder Bank.

Since then, Cederman has been dealing with the aftermath. His fellow Boulder Bank bach owners have all been very supportive and he has spoken to the Department of Conservation (DOC) which owns the land the bach sat on.

DOC had been ‘‘awesome’’, Cederman said. ‘‘I could not have asked for a better, more human response. It has been very heartening.’’

For the past 25 years, the bach had pretty much defined Cederman as a person. A self-labelled ‘‘shallow water landlubbing sailor,’’ Cederman purchased the dwelling from the Harris family in 1986 after sailing over to the bank and ‘‘getting lucky’’. ‘‘I happened to know one of the Harris family. We got talking and I purchased it.’’

(Nelson Mail, Monday 15 November 2021)

TDC credit rating picture stays negative

Risks arising from Tasman District Council’s exposure to the over-budget Waimea dam project is cited as a factor behind the continuation of a negative outlook for its long-term credit rating.

S&P Global in 2020 revised the council’s outlook from stable to negative, primarily reflecting the risks from the dam project.

In its report for 2021, S&P Global says the outlook remains negative as it affirms the council’s AA long-term and A-1+ short-term ratings.

(Nelson Mail, Monday 15 November 2021)

Yum moves to Food Factory

Granola is set to be dished up at the smoko table at The Food Factory in Stoke.

Yumgranola was firing up its ovens in a new premises, after shifting from its inner-city Nelson base to become the anchor tenant at the food co-op site.

‘‘It feels very good to be here already,’’ Yum director Sarah Hedger said as they were unpacking last week.

The Food Factory opened after lockdown last year, with the aim of providing a foot in the door for burgeoning food businesses that couldn’t afford the start-up costs associated with meeting food safety requirements.

(Nelson Mail, Monday 15 November 2021)

Holiday park to be extended

Guests staying at Motueka Top 10 Holiday Park will have more space this summer after Tasman District Council bought the adjacent property for just over $1.2 million.

Council property and enterprise portfolio manager Nick Chin said the purchase of 28 Fearon St included almost 1ha of land and a four-bedroom home, which had tenants. Most of the site was rural and would be incorporated into the holiday park in time for the busy summer season.

Work on the property including the removal of the boundary fence was scheduled to be done in early December.

That work, along with improvements to the house to meet the healthy homes standards, was expected to cost $10,000 to $15,000, Chin said.

Funds from the council’s forestry activity, which had an overall surplus of $12.5m, had been used to cover the purchase price of the property.

A resource consent application was being completed, to change the land use from rural to recreational reserve.

(Nelson Mail, Wednesday 17 November 2021)

Council’s net debt climbs $7m during quarter

Tasman District Council’s external net debt increased from $169 million at the end of June to $176m at the end of September as it cracked on with a massive $98m capital works programme.

The first quarterly financial update for the 2021-22 year also shows that the council budgeted for a controllable deficit of $4.9m but the actual September year-to-date result was a deficit of $3.6m – a favourable variance of $1.3m.

Controllable operating income contributed $2m to the favourable variance, driven mainly by an additional Port Nelson Ltd dividend of $250,000, extra forestry income of $200,000 and additional building and resource consent revenue, says a staff report on the quarterly update.

(Nelson Mail, Friday 19 November 2021)

Mixed rules as campgrounds prepare for summer hordes

Campgrounds and holiday parks across the Nelson region are looking to the Government for guidance to keep people safe during the summer holidays.

The region is preparing for its annual influx of holidaymakers, but this year they are also bringing the possibility of community Covid-19 transmission.

Kaiteriteri Recreation Reserve chief executive David Ross said the reserve would be running its peak holiday operations under the Covid19 Protection Framework, and would comply with all hygiene requirements.

Under the framework, likely to be introduced in December, hospitality venues using the vaccine passport system will need staff and customers to be vaccinated. This would mean people visiting the restaurant at the Kaiteriteri reserve would need to be vaccinated, but not those going to the shop or staying in the campground.

However, Ross said he had contacted guests and strongly recommended that they be fully vaccinated before going to the reserve.

(Nelson Mail, Saturday 20 November 2021)

Housing tipped to be hot topic for election

Housing will be the biggest issue of the 2023 general election, says ACT Party leader David Seymour.

‘‘Because the problem hasn’t been solved and nothing that National or Labour are doing will solve it,’’ the Epsom MP told Stuff after speaking at a Nelson Tasman Chamber of Commerce gathering in Nelson yesterday. ‘‘In fact, they may make it worse.’’

The ACT leader said Kainga Ora was ‘‘borrowing money against the taxpayer to bid against private developers to buy the same land’’.

(Nelson Mail, Saturday 20 November 2021)

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