Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Rural land for sale close to proposed new ferry terminal


Media Release
22.11.2012

Rural land for sale close to proposed new inter-island ferry terminal


A rural lifestyle block close to what could be the new South Island ferry terminal for the Cook Strait crossing has been placed on the market for sale.

A 16.6 hectare piece of land some 40 kilometres south of Blenheim and close to the site of what could be the new Cook Strait ferry terminal for the South Island has been place on the market for sale.

The property has been placed on the market for sale with Bayleys Marlborough - with offers closing on November 30. Bayleys Marlborough sales person John Hoare said the land could be developed as either a commercial pine nut and pinus radiata plantation, or for conversion into a lifestyle residential location.

With no existing residential dwelling on the land, the opportunity exists for the new owner to take on a building project with a virtual blank canvas. The property has a 2011 rateable valuation of $365,000.

“There are a variety of potential building platforms within the property which maximise some outstanding vistas down to Marfells Beach seven kilometres away, or locations with views close to several small ponds on the property.”

The property is located near Clifford Bay – a site the Government is looking at for potentially relocating the Cook Strait ferry terminal to from Picton. Building a new cross-strait ferry terminal at Clifford Bay would cost about $422 million and would cut the journey time from Wellington to Christchurch by up to 110 minutes and reduce fuel costs.

Transport Minister Gerry Brownlee said moving the terminal to the bay south of Seddon would be a major change to New Zealand's transport infrastructure and would be investigated by a specialist project team assembled by the Transport Ministry, Treasury and the NZ Transport Agency.

He said the Government was looking at the road and rail link between the North and South Islands from a national transport perspective and was interested in the long-term advantages that could be realised from having the terminal at Clifford Bay rather than Picton.

Brownlee said the ferry proposal had been discussed with groups including the Marlborough District Council, Port Marlborough, Strait Shipping, CentrePort and KiwiRail's Interislander.

ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: PayPal Stops Processing Mega Payments; NZX Listing Still On

PayPal has ceased processing payments for Mega, the file storage and encryption firm looking to join the New Zealand stock market via a reverse listing of TRS Investments, amid claims it is not a legitimate cloud storage service. More>>

ALSO:

Housing Policy: Auckland Densification As Popular As Ebola, English Says

Finance Minister Bill English said calls by the Reserve Bank Governor for more densification in Auckland’s housing were “about as popular in parts of Auckland as Ebola” would be. More>>

ALSO:

Crown Accounts: NZ Government Deficit Smaller Than Expected In First Half

The New Zealand government's operating deficit was smaller than expected in the first six months of the financial year, as the consumption and corporate tax take rose ahead of forecast in December, having lagged estimates in previous months. More>>

ALSO:

Fruit & Veg Crackdown: Auckland Fruit Fly Find Under Investigation

The Ministry for Primary Industries (MPI) is investigating a find of a single male Queensland fruit fly in a surveillance trap in the Auckland suburb of Grey Lynn... MPI has placed legal controls on the movement of fruit and some vegetables outside of a defined circular area which extends 1.5km from where the fly was trapped in Grey Lynn. More>>

ALSO:

Scoop Business: Westpac NZ Reaches $2.97M Swaps Settlement

Westpac Banking Corp’s New Zealand unit has agreed to pay $2.97 million in a settlement with the Commerce Commission over the way the bank sold interest rate swaps to farmers between 2005 and 2012. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news