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

 


New Plymouth avocado orchard to become housing subdivision

Productive New Plymouth avocado orchard poised to become housing subdivision

Taranaki avocado-lovers could soon be crying in their guacamole with the pending sale of one of the province’s larger avocado orchards – and the likelihood that it will be turned into a housing subdivision.

The 2.78 hectare site on Airport Drive in Bell Block just north of the city is in a zoning area identified by New Plymouth’s District Council Plan as being of ‘future urban development’.

In preparing for the sale of the land, surveyors have prepared a draft subdivision plan for the block– slicing it up into 34 residential sections ranging in size from 604 square metres to 800 square metres. The plan also shows the construction of a new loop road running off Airport Drive. The land is currently zone Rural Area Q.

The land is being sold by tender through Bayleys Taranaki, with tenders closing on June 19.

Bayleys Taranaki co-owner Neale Parkinson said the Airport Drive land had been identified in New Plymouth District Council’s future planning guideline as being of particular importance for the future expansion of the city’s northern metropolitan boundary.

The council’s Land Supply Review and the Framework for Growth report notes that: “To minimise journey times to work and to services, it is sensible that future residential expansion areas are focussed to the east of New Plymouth and around Bell Block.”

“In the short to medium term, the areas around Airport Drive will provide about 105 hectares of land. Development of this area will need to be carefully planned to ensure a wider view is taken of how the suburb will evolve.”

“The council’s planning strategy framework says that an average of 280 new homes need to be built in and around New Plymouth annually to meet the city’s population growth demands,” Mr Parkinson said.

“In the 20 years to 2027, 4,000 to 4,800 homes will be required in the 250 hectares of urban area in New Plymouth and Bell Block. The additional demand for new homes will need to be met through the re-zoning of future growth areas.

“Those guidelines make this piece of real estate a very strategic landholding.”

Mr Parkinson said that while the land had originally been established as an avocado orchard many years ago, the growth of New Plymouth over the intervening years meant its value now lay in residential development to support the city’s swelling boundaries.

“My advice would be to buy your avocados from there while you can… because next year’s salads may well contain avocado grown outside of Taranaki,” he said.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Half Full: Dairy Payouts Steady, Cash Will Be Tight

Industry body DairyNZ is advising farmers to focus on strong cashflow management as they look ahead to the 2015-16 season following Fonterra's half-year results announcement today. More>>

ALSO:

First Union: Cotton On Plans To Use “Tea Break” Law

“The Prime Minister reassured New Zealanders that ‘post the passing of this law, will you all of a sudden find thousands of workers who are denied having a tea break? The answer is absolutely not’... Cotton On is proposing to remove tea and meal breaks for workers in its safety sensitive distribution centre. How long before other major chains try and follow suit?” More>>

ALSO:

Scoop Business: NZ-Korea FTA Signed Amid Spying, Lost Sovereignty Claims

A long-awaited free trade agreement between New Zealand and South Korea has been signed in Seoul by Prime Minister John Key and the Korean president, Park Geun-hye. More>>

ALSO:

PM Visit: NZ And Viet Nam Agree Ambitious Trade Target

New Zealand and Viet Nam have agreed an ambitious target of doubling two-way goods and service trade to around $2.2 billion by 2020, Prime Minister John Key has announced. More>>

ALSO:

Scoop Business: NZ Economy Grows 0.8% In Fourth Quarter

The New Zealand economy expanded in the fourth quarter as tourists drove growth in retailing and accommodation, and property sales increased demand for real estate services. More>>

ALSO:

Scoop Business: RBNZ’s Wheeler Keeps OCR On Hold, No Rate Hikes Ahead

The Reserve Bank has removed the prospect of future interest rate hikes from its forecast horizon as a strong kiwi dollar and cheap oil hold down inflation, and the central bank ponders whether to lower its assessment of where “neutral” interest rates should be. The kiwi dollar gained. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news