Property

Is it art?

Defining art is likely to be contentious and complicated when perhaps all that is needed is common sense, Queenstown Lakes District Council senior policy analyst Ralph Henderson says.

Daughter was their architect

A Dunedin couple decided to keep it in the family when they embarked on an 18-month renovation of their home. Kim Dungey views the results.

Dairy acquisition 'thin end of wedge.'

Selling off our prime agricultural land would, ultimately, propel us down a path to slavery, argues John de Bueger.

Submitters oppose plan to slow urban sprawl

A plan to "freeze" Queenstown Lakes District's urban boundaries was flawed, unnecessary, expensive and too restrictive, a plan change hearing was told yesterday.

Property tax changes may put recovery at risk

Much has been made of the need to address the property investment tax regime. But the Government must tread carefully, warns Peter Lyons.

Hopes for subdivision on Arthurs Point Rd

Christchurch developer Buzz March is hoping to create a 15-lot subdivision on Arthurs Point Rd.

A property developer behind Wanaka's proposed secondary town centre at the ambitious Three Parks development has appealed against several conditions contained within the Queenstown Lakes district plan decision.

Teschemakers property for sale

Teschemakers, the former Catholic girls' boarding school now owned by a Japanese company, is for sale.

Oversupply of properties lowers value

Queenstown has an oversupply of apartments, tourist accommodation and office space, which is forcing down some retail and office rentals, according to a national valuation company.

House sold; price, buyer not disclosed

The house at 100 Camp Rd. Photo by Linda Robertson.

House sold; price, buyer not disclosed

The Otago Peninsula house at 100 Camp Rd, which was subject to a mortgagee sale, has been sold.

Farm sales mirror national decline

The number of farms sold continued to fall over summer, with just 205 sales in the three months to February, less than a third of the number of sales reported for the corresponding period in 2008.

Timely rental tax change may help not harm

Will rents go up if the Government moves against property investors? Unlikely, suggests Peter Lyons, who nonetheless counsels against sudden or radical change.

Real estate uncertainty still remains

While property values in Dunedin are still increasing, values in Waitaki, Central Otago, Clutha and Southland appear to be sliding.

Contractors in dispute at Kawarau Falls

About 50 workers have been pulled off Queenstown's $1 billion Kawarau Falls Station development following a dispute between contractors.

House sales worst in 18 years

House sales plummeted last month to their lowest level in nearly two decades, says the Real Estate Institute of New Zealand (REINZ).

Maori group scales back farm deals

A Maori trust with financial backing from Dubai interests has scaled back the number of Southland farms it intends initially buying from 28 to 10, but the deal could face further delays, as it appears Overseas Investment Office approval is required.

Properties to join water scheme

Five properties will be added to the Lake Hayes water scheme, after the Queenstown Lakes District Council's utilities committee approved an extension to the scheme.

Houses wanted as market recovery indicated

Plan for five-lot subdivision

An Arrowtown-based trust has applied for resource consent for a five-lot subdivision in Arrow Junction Rd.

Retired landlords hit hardest

Residential landlords who are retired could be hit hardest if tax changes floated this week are enacted. Aaron Quintal, a tax director for Ernst and Young, calculated that a wage and salary earner would suffer less than a superannuitant under the proposed changes.

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