Would you like to see whether you can subdivide your property and potentially release some capital or allow your children to get on the property ladder? You may be sitting on a gold mine of untapped wealth.
HOW CAN I TELL IF I CAN SUBDIVIDE MY PROPERTY?
There are generally two things that determine whether you can subdivide your property:
- The size and shape of your section; and
- The zone in the district pan that your property lies within.
For the urban area of Tauranga, you will need a property at least 700m² in size within the suburban residential zone. For the wider Bay of Plenty it depends which District Council area you reside within and the zoning of your property.
If your property is within an area that your Council is happy to see intensified, there are a few other factors that need to be considered such as:
- Access to the property and whether the property is serviced by adequate stormwater, wastewater and water supply
- Whether the site is unstable or has geotechnical issues
- What size house you might wish to build on the new section and how it will be placed on site.
CAN I STAGE MY SUBDIVISION PROCESS?
Yes you can, we can provide a quote to you that splits your subdivision into stages, depending on how quickly you want to progress to consent and then construction. We can also work to your budget and provide a full service to ensure your development is made easy.
WHAT STAGES ARE THERE FOR A SUBDIVISION?
A general staging plan for a subdivision would be:
Stage 1 – Full feasibility and pre-application meeting with Council
Stage 2 – Prepare Subdivision consent and lodge with Council
Stage 3 – Once consent is granted, work with you to find a good contractor for infrastructure works
Stage 4 – Oversee construction works and complete paperwork to submit to LINZ to obtain your new title.
For a feasibility assessment or more information on subdivision please contact us.