HMS Torch

By unknown photographers at unknown locations

I'd guess the location is probably the Port of Picton in the Marlborough Sounds as the Torch was often there and the outline of the hillside/skyline looks right.
Launched in 1895 in sheerness, this copper sheathed bottom sloop was a unit of the Royal Navy Australasian Division and often spent a lot of time in Wellington. She was eventually sold to a fishing company and wrecked in 1924 at the Chatham Islands.

regards,
Steven