Leasehold titles in Nelson
LINZ records 150 leasehold titles in Nelson, 8.8% of its 1,710 live titles: close to Nelson City as a whole (8.7%) and well above New Zealand (1.2%).
- Leasehold titles
- 150
- Share of live titles
- 8.8%
- Nelson City share
- 8.7%
- New Zealand share
- 1.2%
- Rank by share in Nelson City, among suburbs with 50+ leasehold titles
- 8 of 12
Across New Zealand its share is in the top quarter of the 137 such suburbs.
Lease terms in Nelson
149 of 150 are ground leases and 1 leasehold units; the largest group, 75%, comprises leases with more than 50 years of stated term left.
| Stated lease term | Titles |
|---|---|
| Stated term has ended | 8 |
| Under 10 years left | 0 |
| 10 to 50 years left | 4 |
| More than 50 years left | 112 |
| Term mentions renewal | 25 |
| Term not stated or not readable | 1 |
New leasehold titles since 2020
8 of Nelson's leasehold titles were first issued since 2020: 6% of all its new titles in that time, well above Nelson City (2%).