Property

Government pays $1.8m for natural gem in Nelson

The Government has purchased a 758 hectare Nelson property to ensure public access to Harwood's hole, the deepest vertical cave shaft in New Zealand.

Monday, April 26th 2004

Conservation Minister Chris Carter said the purchase of Canaan Downs Farm for $1.8 million ensured a "natural gem" would not be subdivided and sold off to developers.

Canaan Downs Farm covers an area around Takaka Hill next to the Abel Tasman National Park and is part of the last stronghold of a rare species of carnivorous land snail.

"The farm is the main access way to Harwood's Hole, a 176 metre marble shaft that is an increasingly popular destination for cavers and sightseers," Mr Carter said.

Read More - Opens in a new window

Property investors refocus on cash flow

Unity First Home Buyer special	4.09
SBS FirstHome Combo	4.19
ICBC	4.49
Kainga Ora	4.59
Co-operative Bank - First Home Special	4.59
ANZ Special	4.65
AIA - Go Home Loans	4.65
ASB Bank	4.65
TSB Special	4.69
Co-operative Bank - Owner Occ	4.69
SBS Bank Special	4.69

China Construction Bank	4.95
Kainga Ora	4.95
ICBC	4.99
Nelson Building Society	5.09
Westpac Special	5.19
SBS Bank Special	5.19
Kiwibank Special	5.19
TSB Special	5.25
ASB Bank	5.25
AIA - Go Home Loans	5.25
ANZ Special	5.29

Westpac Special	5.49
BNZ - Std	5.49
ICBC	5.65
Kiwibank Special	5.69
Kainga Ora	5.69
SBS Bank Special	5.79
Co-operative Bank - Owner Occ	5.79
ASB Bank	5.89
AIA - Go Home Loans	5.89
TSB Special	5.99
China Construction Bank	5.99

SBS FirstHome Combo	3.29
AIA - Back My Build	3.34
SBS Construction lending for FHB	3.74
CFML 321 Loans	3.95
Co-operative Bank - Owner Occ	4.99
Co-operative Bank - Standard	4.99
ICBC	5.39
Kiwibank - Offset	5.75
Kiwibank Special	5.75
Kiwibank	5.75
Unity Standard	5.79

Property

Government pays $1.8m for natural gem in Nelson

Next Article

Most Read

Top Mortgage Rates

More Stories

RBNZ expects slower house price growth in the current recovery

Queenstown not off the radar for first home buyers

Record levels of first home buyers taking out low deposit loans

Buyers sitting on the sidelines in best time to buy in a decade