Property

Toxic land fears

An estimated 1000 North Shore properties could be sitting on land containing dangerous levels of toxins and heavy metals from horticultural sprays.

Thursday, November 04th 2004

Large tracts of the North Shore, like in Albany, Beach Haven and Birkdale, were formerly market gardens and orchards.

An Auckland Regional Council study puts horticultural land at higher risk of having unacceptable levels of DDT, arsenic, lead and copper.

The North Shore City Council has not decided on whether past horticultural activity will be flagged on a property's land information memorandum (LIM report).

The Real Estate Institute of New Zealand predicts prices of any properties earmarked will take a temporary drop.

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Property investors refocus on cash flow

Unity First Home Buyer special	3.99
ICBC	4.25
SBS FirstHome Combo	4.29
Co-operative Bank - First Home Special	4.35
TSB Special	4.39
Co-operative Bank - Owner Occ	4.45
ANZ Special	4.49
ASB Bank	4.49
SBS Bank Special	4.49
Unity Special	4.49
Westpac Special	4.49

Westpac Special	4.45
SBS Bank Special	4.49
BNZ - Std	4.49
Kiwibank Special	4.49
TSB Special	4.49
AIA - Go Home Loans	4.49
ANZ Special	4.49
ASB Bank	4.49
Co-operative Bank - Owner Occ	4.49
ICBC	4.59
Wairarapa Building Society	4.59

SBS Bank Special	4.99
Westpac Special	4.99
ICBC	4.99
BNZ - Std	4.99
AIA - Go Home Loans	5.15
ASB Bank	5.15
Co-operative Bank - Owner Occ	5.19
ANZ	5.39
TSB Special	5.39
Kiwibank Special	5.39
Kainga Ora	5.49

SBS FirstHome Combo	3.44
AIA - Back My Build	3.54
SBS Construction lending for FHB	3.74
CFML 321 Loans	4.25
Co-operative Bank - Owner Occ	5.30
Co-operative Bank - Standard	5.30
ICBC	5.39
Heartland Bank - Online	5.45
Kiwibank - Offset	5.80
Kiwibank	5.80
ANZ	5.89

Property

Toxic land fears

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