Property

Developers propose 'maritime village'

A maritime village with canals and a lock as well as 297 homes is being proposed for the lower reaches of the Wairoa River about 5km northwest of Clevedon.

Wednesday, April 20th 2005

The maritime village proposal and a request for a district plan change has been lodged with the Manukau City Council in the first step of a lengthy planning process.

Investors in the Wairoa Canal Development Partnership headed by developer Derek Presland want the maritime village to be different from Gulf Harbour on the Whangaparaoa Peninsula.

The Wairoa River maritime village will be all residential, with no apartments or commercial developments as at Gulf Harbour.

There have been two previous proposals to create residential developments on the banks of the Wairoa River. In the late 1980s a proposal for a 375-berth marina including a clubhouse, recreational facilities and six homes did not go ahead.

In 1995 there was a proposal for a 1100-house township with commercial facilities based around canals.

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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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ICBC	7.05
China Construction Bank	7.09
BNZ - Classic	7.24
ASB Bank	7.24
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