Leasehold titles in Richmond, Nelson City
LINZ records 672 leasehold titles in Richmond, 8.2% of its 8,188 live titles: close to Nelson City as a whole (8.7%) and well above New Zealand (1.2%).
Richmond, Nelson City: leasehold titles
- Leasehold titles
- 672
- Share of live titles
- 8.2%
- Nelson City share
- 8.7%
- New Zealand share
- 1.2%
- Rank by share in Nelson City, among suburbs with 50+ leasehold titles
- 9 of 12
Lease terms in Richmond
All 672 are ground leases; the largest group, 97%, comprises leases with more than 50 years of stated term left.
| Stated lease term | Titles |
|---|---|
| Stated term has ended | 1 |
| Under 10 years left | 1 |
| 10 to 50 years left | 3 |
| More than 50 years left | 651 |
| Term mentions renewal | 11 |
| Term not stated or not readable | 5 |
New leasehold titles since 2020
5 of Richmond's leasehold titles were first issued since 2020: 1% of all its new titles in that time, against Nelson City (2%).