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Leasehold titles in The Wood

LINZ records 237 leasehold titles in The Wood, 14.0% of its 1,698 live titles: well above Nelson City as a whole (8.7%) and well above New Zealand (1.2%).

The Wood: leasehold titles

Leasehold titles
237
Share of live titles
14.0%
Nelson City share
8.7%
New Zealand share
1.2%
Rank by share in Nelson City, among suburbs with 50+ leasehold titles
2 of 12

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

By share it is 2nd highest of 12 in Nelson City, among suburbs with 50 or more leasehold titles; across New Zealand it is in the top tenth of the 137 such suburbs.

Lease terms in The Wood

All 237 are ground leases; the largest group, 97%, comprises leases with more than 50 years of stated term left.

Stated lease termTitles
Stated term has ended0
Under 10 years left1
10 to 50 years left1
More than 50 years left231
Term mentions renewal2
Term not stated or not readable2

Nelson City suburbs with the most leasehold titles

SuburbLeasehold titlesShare
Stoke6869.1%
Richmond6728.2%
Tāhunanui35116.9%
Nelson South26410.8%
Nelson1508.8%
The Brook10111.7%
Wakatu8313.3%
Atawhai775.1%
Toi Toi757.5%
Marybank5710.2%

Sources and limits