Property News – 27 June 2024

Sandwich board ban on the menu

Sandwich boards could soon be banned from Nelson streets in a bid to declutter city footpaths.

But, while Nelson city councillors agreed to send the proposal out for public consultation, some worried it could be yet another blow for businesses already struggling through a tough winter.

The matter was raised during a council meeting on Thursday, when councillors agreed to send changes to bylaws impacting activities in public places out for consultation, with sandwich boards sparking the most debate amongst councillors.

Under existing rules, businesses are each allowed one sandwich board in public space.

(Nelson Mail, 10 June 2024)

Tāhunanui Slump properties skewing prices

Properties for sale in the Tāhunanui Slump zone are partly behind a dip in Nelson’s property values, an expert says.

Quotable Value’s latest House Price Index shows that the average Nelson home value decreased by 0.2% to $777,276 in the three months to the end of May.

This is a turnaround from the previous index, which saw property prices rise 0.8% in the three months to May. The average home value in Nelson City is now 0.8% lower than at the same time last year, and 14.4% below its peak in early 2022.

However, in Tasman District, prices have grown by 2.7% over the same period to $870,728, 4.5% higher than a year ago.

Buyers were hesitant about properties for sale in the slump area, Russell said.

“The risk assessment with buying a property in that area is an ongoing challenge.”

But this was also the case for slip-affected properties in general, he said.

“Properties that have had EQC claims lodged … people are being wary, shying away.”

The type of property being sold was also driving the disparity between the regions, Russell said.

Tasman’s stock was newer, and there were more owner-occupiers buying and selling in the same market.

Nelson, on the other hand, had a greater proportion of first home buyers and investors, Russell said.

Nelson’s stock of older homes meant there were more homes on the market that needed maintenance, he said.

“These properties are being discounted at the moment, which is potentially another reason Nelson is not performing.”

(Nelson Mail, 14 June 2024)

Tuning into Nelson

Up to 30 new jobs will be created with the arrival of electronics retailer JB Hi-Fi in Nelson. The Australian-based company has 17 stores in New Zealand and will open at the new Junction complex – its first top-of-the-south store – at the end of August. The company’s New Zealand marketing and e-commerce manager Jon Kirman said the company had opened five new stores in New Zealand last year, and planned another five this year, including Nelson.

(Nelson Mail, 14 June 2024)

Housing provider fails to recover $15,000 unpaid rent

Housing provider Kainga Ora has failed to claim more than $15,000 in rent arrears because it did not take steps to recover the money, a Tenancy Tribunal ruling that $6900 was a more appropriate amount. The housing provider applied to the tribunal for $15,638 in unpaid rent from a Nelson tenant, who had been behind since 2021. However, under the Residential Tenancies Act, a landlord was required to take action to limit loss, adjudicator K Koller said. “In this case the landlord did not apply to the Tribunal until the rent was months behind.” Kainga Ora said they had attempted to work with the tenant “to keep her housed and to support her in paying the rent, but the tenant would not engage”. However, Koller would only consider dating the rent arrears back to November 2023. “Which is the three months a prudent landlord usually takes to file an application, plus the time taken to schedule a hearing.”

(Nelson Mail, 14 June 2024)

Road closures approved to bring Spectacle to town

Road closures needed for a street running race to be held in downtown Nelson weeks before Christmas have been approved.

Nelson City Council’s hearing panel took just 10 minutes to agree to the road closures on Saturday, December 14 to allow the Spectacle event to be held in the city for the first time.

The new festival of running will include an elite mile event through the streets of central Nelson and an ultra trail run in the hills behind the city.

The mile course will start and finish at the Church Steps in a loop from Selwyn Place, Church St, Hardy St and Hope St.

(Nelson Mail, 14 June 2024)

Students gain new tools building Kāinga Ora homes

Three new homes are ready for Kāinga Ora applicants thanks to the help of Nelson carpentry students.

The three two-bedroom homes on Kawai St were built at the Nelson Marlborough Institute of Technology’s Richmond campus by about 30 carpentry students under the guidance of trade-qualified tutors. Some students were working towards their Certificate in Construction, while others were apprentices managed by the institute.

The homes were taken to Kawai St earlier in the year, where the inside was fitted out and landscaping done.

The institute’s director, Olivia Hall, said the partnership had been beneficial for its ākonga (learners) to help build pathways into the industry.

(Nelson Mail, 17 June 2024)

Go ahead for school base

It was the news staff and families at Nelson’s Maitai School had long been waiting for – they are getting a new school.

Education Minister Erica Stanford visited the school for students with high and complex needs yesterday to deliver long-awaited certainty that Maitai would be among the recipients of $89 million of Budget funding ringfenced to redevelop specialist schools.

A new school base was due to start being built at Salisbury School in Richmond next year, and completed by mid 2026, the minister said.

The school would also have two satellite spaces at Nayland College – aimed to be completed before then.

The minister also announced that Salisbury – a residential school for girls with high needs – would be refurbished.

(Nelson Mail, 19 June 2024)

Gravel on the move from the Maitai River

Diggers working near the Trafalgar St bridge are removing around 2000 cubic metres of gravel from the Maitai River over the next two weeks.

The Nelson City Council, in a Facebook post, explained that this section of the river was inundated with flood debris, and “substantial quantities” of gravel accumulated in the area during the August 2022 weather event.

The gravel reduced the capacity of the river in this stretch, which could result in an increased flood risk to neighbouring properties, businesses, and infrastructure, the post said.

(Nelson Mail, 21 June 2024)

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