Property

Paihigher?

A 15 storey apartment complex is proposed for Marsden Road, Paihia next to the Paihia Beach Resort at Te Ti Beach.

Tuesday, December 07th 2004

The 8,200 sq m waterfront site comprises five titles in the commercial zone, adjoining a scenic reserve administered by the Department of Conservation. The proposed South Pacific Apartments Ltd development is a discretionary activity in terms of the Proposed District Plan but a non-complying activity in relation to the Transitional District Plan and FNDC staff have recommended that the application be publicly notified because of the likely impact and special circumstances. The FNDC has deferred its decision at the request of the applicant, who is gathering further information.

The complex includes 94 apartments and associated facilities. Cladding materials are pre-cast concrete panels, to be finished in recessive colours, with non-reflective glazing. The block is designed to graduate in mass to give a sense of fading into the hillside when seen from the Bay.

The complex will be owned by individuals and managed through a body corporate.

The proposal has the support of Tangata Whenua but the Department of Conservation has expressed concerns: firstly, that the development could set a precedent for development within the coastal environment of the Bay of Islands and, secondly, that there is potential for building dominance over the waters of the Bay of Islands.

Read More - Opens in a new window
Heartland Bank - Online 6.69
SBS FirstHome Combo 6.74
Wairarapa Building Society 6.95
Unity 6.99
Co-operative Bank - First Home Special 7.04
ICBC 7.05
China Construction Bank 7.09
BNZ - Classic 7.24
ASB Bank 7.24
ANZ Special 7.24
TSB Special 7.24
Unity First Home Buyer special 6.45
Heartland Bank - Online 6.45
China Construction Bank 6.75
TSB Special 6.75
ICBC 6.75
ANZ Special 6.79
ASB Bank 6.79
AIA - Go Home Loans 6.79
Kiwibank Special 6.79
BNZ - Classic 6.79
Unity 6.79
Westpac Special 6.39
China Construction Bank 6.40
ICBC 6.49
SBS Bank Special 6.55
Kiwibank Special 6.55
BNZ - Classic 6.55
Co-operative Bank - Owner Occ 6.55
ASB Bank 6.55
AIA - Go Home Loans 6.55
TSB Special 6.59
Kainga Ora 6.99
SBS FirstHome Combo 6.19
AIA - Back My Build 6.19
ANZ Blueprint to Build 7.39
Credit Union Auckland 7.70
ICBC 7.85
Heartland Bank - Online 7.99
Pepper Money Essential 8.29
Co-operative Bank - Owner Occ 8.40
Co-operative Bank - Standard 8.40
First Credit Union Standard 8.50
Kiwibank 8.50

More Stories

Support for regulation

Monday, March 18th 2024

Support for regulation

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

A better investment market

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.

[OPINION] Recessionary times

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.

Interest rate expectations: It’s not over yet

Thursday, March 07th 2024

Interest rate expectations: It’s not over yet

Most Kiwis think interest rate increases have peaked.