Hi everyone I have been following this site for a while now and recently purchased my first property in Palmerston North (I know). Yesterday I was sent an email asking me to sign an city council approval form giving my neighbour permision to build a car park (since its residentially zoned land they need permission from the neighbours).
I have an old 3 bedroom rental property (house) on residentially zoned land but bordering a mixed residential commercially zoned area. There is a dentist to one side of my property and a large house with a fair amount of land on the other side (the large house backs onto a local real estate agents office).
The real estate company plans to expand their office and has purchased the large house next to my property and would like to use the land for parking, proposing 16 carparks. Cars will be able to enter the car park from the drive way directly next to my property or from road where the real estate office is.
I have been told that the dentist and the other residential property on its other side have already given permission. Before I give permission I am considering how this will affect the weekly rental and property value/salability. I've looked around and asked for advice but the general opinion is that it will probably have no effect (could be positive or negative) and they may apply to have the land next to my property labeled commercial anyway.
Has anyone else here had a similar experience or recommendations that they could share? Thanks for your time.
John
I have an old 3 bedroom rental property (house) on residentially zoned land but bordering a mixed residential commercially zoned area. There is a dentist to one side of my property and a large house with a fair amount of land on the other side (the large house backs onto a local real estate agents office).
The real estate company plans to expand their office and has purchased the large house next to my property and would like to use the land for parking, proposing 16 carparks. Cars will be able to enter the car park from the drive way directly next to my property or from road where the real estate office is.
I have been told that the dentist and the other residential property on its other side have already given permission. Before I give permission I am considering how this will affect the weekly rental and property value/salability. I've looked around and asked for advice but the general opinion is that it will probably have no effect (could be positive or negative) and they may apply to have the land next to my property labeled commercial anyway.
Has anyone else here had a similar experience or recommendations that they could share? Thanks for your time.
John
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