Property values up just a notch in Auckland, listings down
Source: nzherald.co.nz The value of the average New Zealand property increased by 3.9 per cent in the past three months to $577,829, according to Quotable Value. While the average value of an Auckland property rose to $955,793 in the past quarter, the latest 3.3 per cent increase was slower than the nationwide pace. Real estate website Realestate.co.nz released its own monthly numbers today, showing the average asking price for a home has hit $570,971 - up 7.2 per cent from the same time...
Wed 1st Jun 2016Full post
Invercargill bus services could be revived by tourism attraction loop
Source: stuff.co.nz Invercargill's bus woes could be alleviated by the introduction of a tourism bus loop to city attractions. At a meeting of the Invercargill City Council's community services committee on Monday, Invercargill Mayor Tim Shadbolt said there had been talk about having a special type of tourist bus. The bus could travel from the Ascot Park Hotel, to the ILT Stadium Southland and to the museum, Shadbolt said. Shadbolt asked if funding for a...
Tue 31st May 2016Full post
Sofitel expands its network in downtown Queenstown
Source: scoop.co.nz Sofitel expands its network in downtown Queenstown Hotel St Moritz joins the Sofitel brand universe One of Queenstown’s finest boutique hotels, Hotel St Moritz, has today (Monday May 30) announced a major brand shift within the luxury accommodation market in Queenstown, by joining the Sofitel brand universe. This charming and singular property is now positioned within the newly badged MGallery by Sofitel collection by parent company AccorHotels. As a result of...
Mon 30th May 2016Full post
Davies family's big resort plans
Source: scene.co.nz A Rich Lister family wants to build a plush new golf resort near Arrowtown. Sir John Davies' company Trojan Holdings, which owns Queenstown's skifield operator NZSki, has submitted plans to the local council for a 'Hogans Gully Golf Resort Zone' on 132 hectares of uneconomic farmland at Arrow Junction. The 18-hole championship course has been designed by local former golf pro Greg Turner to relieve peak-season pressure on the resort's other main tourism...
Fri 27th May 2016Full post
Apartments to splash at Remarks Park
Source: scene.co.nz Queenstown developer Alastair Porter says between 3000 and 4000 apartment units could be built within Remarkables Park. Remarkables Park boss Porter yesterday announced construction of the new 81-apartment Wyndham Hotel and a 55-apartment residential development, by Safari Group, would likely begin in March. The residential units would be offered for sale when completed. He is also in negotiations with "quite a number of parties" for residential development,...
Thu 26th May 2016Full post
Dusty road options debated
Source: odt.co.nz Costly and cheaper options of dealing with dusty roads were debated at the Clutha District Council's recent meeting. Views about suppressing dust on rural roads was a hot topic in submissions to the annual plan, with many submissions focusing on the issue. The council opted for a two-fold approach. It resolved to start a dust suppression programme that included having a semi-permanent sealing solution applied to roads, partly or fully funded by residents, as well as...
Wed 25th May 2016Full post
Invercargill rates increase falls short of Southland Museum and Art Gallery target
Source: stuff.co.nz Invercargill ratepayers can expect an average rate rise of 2.3 per cent, or $42.95, for 2016/17. The final decision was derived from 100 submissions on the Invercargill City Council annual plan. Ratepayers will benefit with the introduction of a council-employed CBD developer, increased patrolling at Oreti Beach and the move of the Anderson Park Art collection to the town centre. At an extraordinary council...
Tue 24th May 2016Full post