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Leasehold titles in The Brook

LINZ records 101 leasehold titles in The Brook, 11.7% of its 862 live titles: above Nelson City as a whole (8.7%) and well above New Zealand (1.2%).

The Brook: leasehold titles

Leasehold titles
101
Share of live titles
11.7%
Nelson City share
8.7%
New Zealand share
1.2%
Rank by share in Nelson City, among suburbs with 50+ leasehold titles
4 of 12

https://data.linz.govt.nz/layer/50804-nz-property-titles/

Across New Zealand its share is in the top quarter of the 137 such suburbs.

Lease terms in The Brook

All 101 are ground leases; the largest group, 99%, comprises leases with more than 50 years of stated term left.

Stated lease termTitles
Stated term has ended0
Under 10 years left0
10 to 50 years left1
More than 50 years left100
Term mentions renewal0
Term not stated or not readable0

Nelson City suburbs with the most leasehold titles

SuburbLeasehold titlesShare
Stoke6869.1%
Richmond6728.2%
Tāhunanui35116.9%
Nelson South26410.8%
The Wood23714.0%
Nelson1508.8%
Wakatu8313.3%
Atawhai775.1%
Toi Toi757.5%
Marybank5710.2%

Sources and limits