Property

Owners of land likely to sell after rezoning decision

Some owners of Taieri Plain land Dunedin City Council intends to zone industrial do not want to sell, but believe commercial reality will see them vacate their land.

Tuesday, October 05th 2004

No matter what the future holds, Janice Wilson, who owns about 16ha on Dukes Rd with her husband Ray, is glad for an outcome.

"I'm absolutely fed up with the whole thing. We've been living life in suspension for the past two years," she said yesterday.

The Environment Court has upheld the council's proposal to rezone 37ha of rural land in Dukes Rd, near Mosgiel, which included the Wilsons' block.

The industrial re-zoning was opposed by environmental group Plain Sense and Taieri Plain resident Brian Miller.

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Property investors refocus on cash flow

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Wednesday, April 17th 2024

Rate cuts needed to lift mood

The enthusiasm that followed the change in government, mainly from property investors, has waned as homeowners and buyers hang out for interest rate cuts, says Kiwibank.

Monday, March 18th 2024

Support for regulation

REINZ has emphasised the need for property management regulation to Parliament’s Social Services and Community Committee.

Thursday, March 14th 2024

A better investment market

“Reinstatement of interest deductibility starting from the new tax year on 1 April brings property investors back in line with every other business in the country, where interest costs are a legitimate deductible expense," Tim Horsbrugh, New Zealand Property Investors Federation (NZPIF) executive committee member says.

Thursday, March 14th 2024

[OPINION] Recessionary times

It is not the best out there for many businesses and property sector people. Sales are down across the board, our clients’ confidence is falling, and there is a lot of uncertainty.

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