Hi, just joined the forum after following for a while.
We have a property in New Lynn that's a flat, street frontage 759 sqm site with driveway down one side.
Not currently subdivisible as of right, but under the Unitary plan will (if the proposed zoning of "mixed housing urban" goes ahead) be subdivisible as of right with minimum lot-size of 300 sq.
We could possibly leave our current house (a 1920's villa - subject to the pre 1944 demolition aspect of the Unitary plan already) where it is and build a new dwelling on the rear, or we think we could make more money by moving it to the rear and moving on a second-hand dwelling from one of the house moving companies.
We anticipate doing a moderate do-up of our existing tired villa and probably need to do a do-up to the second-hand house (we're looking at maybe a 40's or 50's bungalow for that).
Based on our initial research, we estimate the subdivision will cost around $90k - $100k and take up to 12 months.
This timing is ok we think, because the Unitary plan is not expected to be operative for 12 months.
We could opt to apply for resource consent to do it before the Unitary plan becomes operative (and every man and his dog starts doing this), or we could wait for a bit and hope that our timing fits with the plan becoming operative.
We plan to engage a property consultant firm to take on the management of the process to subdivide, but do whatever parts of the process we can.
Does anyone have any specific advice before embarking on the initial stage of subdividing?, and then the other stages?
We are talking to our mortgage broker about funding options - possibly funding with our current 1st tier lender, or possibly going to a 2nd tier lender as we may want to capitalise the interest and pay it and the principal back once the work is finished and we can sell one of the properties.
Does anyone have any advice or importantly, recommendations of property planning consultants in West Auckland?
Many thanks for any and all advice.
We have a property in New Lynn that's a flat, street frontage 759 sqm site with driveway down one side.
Not currently subdivisible as of right, but under the Unitary plan will (if the proposed zoning of "mixed housing urban" goes ahead) be subdivisible as of right with minimum lot-size of 300 sq.
We could possibly leave our current house (a 1920's villa - subject to the pre 1944 demolition aspect of the Unitary plan already) where it is and build a new dwelling on the rear, or we think we could make more money by moving it to the rear and moving on a second-hand dwelling from one of the house moving companies.
We anticipate doing a moderate do-up of our existing tired villa and probably need to do a do-up to the second-hand house (we're looking at maybe a 40's or 50's bungalow for that).
Based on our initial research, we estimate the subdivision will cost around $90k - $100k and take up to 12 months.
This timing is ok we think, because the Unitary plan is not expected to be operative for 12 months.
We could opt to apply for resource consent to do it before the Unitary plan becomes operative (and every man and his dog starts doing this), or we could wait for a bit and hope that our timing fits with the plan becoming operative.
We plan to engage a property consultant firm to take on the management of the process to subdivide, but do whatever parts of the process we can.
Does anyone have any specific advice before embarking on the initial stage of subdividing?, and then the other stages?
We are talking to our mortgage broker about funding options - possibly funding with our current 1st tier lender, or possibly going to a 2nd tier lender as we may want to capitalise the interest and pay it and the principal back once the work is finished and we can sell one of the properties.
Does anyone have any advice or importantly, recommendations of property planning consultants in West Auckland?
Many thanks for any and all advice.
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