Report tips new housing growth
Tuesday 13 April 2004
Up to 500 houses and apartments could be built near Saxton Field and neighbouring farmland as part of a south Nelson rezoning plan, according to a confidential Tasman District Council report.
By The Landlord
This is in addition to about 1000 new lots planned along the Stoke foothills and in the Ngawhatu Valley.The as yet undeveloped "indicative" proposals were revealed at a recent closed-door meeting on the draft Richmond development study.
Details of the meeting have not been released, but briefing papers obtained by the Nelson Mail show that Tasman councillors discussed how to manage the town's growth, and a proposal to give "in principle" support to a south Nelson residential zone.
In the report, policy planner Rochelle Selby-Neal said the Nelson City Council might eventually rezone much of the area north of Champion Rd and south of Saxton Field to provide a mix of residential and rural-residential land.
Read More - Opens in a new window
Commenting is closed
House Prices
No stopping Capital price rises
There’s no sign of a slow-down in Wellington’s property prices with Trade Me Property’s latest data showing that asking prices continue to rise solidly.
Commercial
Demand challenges for commercial sector
Vacancy rates in the commercial property sector are set to increase as changing economic conditions dampen demand.
Mortgages
LVR loosening likely - ANZ
LVR restrictions were never meant to be a permanent feature of New Zealand’s housing market and ANZ economists argue that some further relaxing of them could soon be on the cards.
