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Preparing for National Policy Statement (NPS-UD) - 3 houses 3 stories high

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  • Preparing for National Policy Statement (NPS-UD) - 3 houses 3 stories high

    All, as you would have heard, the Government announced the National Policy Statement Urban Development (NPS-UD) that wll allow 3 houses, 3 stories high in many cities without resource Consent
    https://www.hud.govt.nz/urban-develo...opment-nps-ud/. I understand this will be out for concultaton in the larger citires (Auck, Wel) from Aug 2022. Questions I have are:
    1. If you have a larger section with a house at the moment, would it make sense to subdivide it now, then take advantage of the NPS-UD to build 3 houses on each section (totalling 6), assuming you have enough space. In theory, you would get more and bigger houses than you currently can say in Auckland under Mixed Housing suburban
    2. The NPS-UD also allows for no need for parking at all on a subdivision like the above. Thoughts on what people want in terms of parking? Still needed or has Uber taken over?
    Living a more meaningful & enhanced life with investments, business and blogging. www.theFIminator.com

  • #2
    Parking is still important outside of central cities - IMHO.

    Yes, if you can subdivide then get 6 houses later on - wow.

    A couple of years ago Kapiti Council wouldn’t let us build up - on top of what was a garage, office (54 sqm) as we’d be looking out over the park. Yes, feeble excuse and so we didn’t push it instead we put in a full bathroom - got its CCC. However now we’ll go up. This second property will have single car garage, bedroom, ensuite downstairs and living, bedroom, bathroom upstairs.

    cheers,

    Donna
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    • #3
      Originally posted by donna View Post
      Parking is still important outside of central cities - IMHO.

      Yes, if you can subdivide then get 6 houses later on - wow.

      A couple of years ago Kapiti Council wouldn’t let us build up - on top of what was a garage, office (54 sqm) as we’d be looking out over the park. Yes, feeble excuse and so we didn’t push it instead we put in a full bathroom - got its CCC. However now we’ll go up. This second property will have single car garage, bedroom, ensuite downstairs and living, bedroom, bathroom upstairs.

      cheers,

      Donna
      One thing I thought of:

      If housing catches up with supply, and it becomes difficult to sell or rent these (people farms) out...
      Then the ones with parking and slightly less density are going to be a lifesaver in any portfolio.

      But as far as the Uber/ parking question:
      Possibly, it's better answered by considering the distance to cheap public transport, and supermarkets, (in the rain and winter).

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      • #4
        Agree Donna, parking is important outside of the central cities. Also, you bring up a very salient point about supply McDuck . Its not hit the news yet but in Auckland I would say supply is close to or overtaking demand already. It does not suit the political narrative of fear but the amount of construction is incredible, with not many people coming in or moving around. So parking would be a definite point of difference going forward. it would of course depend on where the property is, even in Auckland. If close to a train station or public transport, may not be much of an issue.

        Has anyone seen more details of the NPS-UD rules?
        Living a more meaningful & enhanced life with investments, business and blogging. www.theFIminator.com

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        • #5
          ^^ See here - a free webinar that will explain all plus a Q&A.

          cheers,

          Donna
          Email Sign Up - New Discussions, Monthly Newsletter, About PropertyTalk


          BusinessBlogs - the best business articles are found here

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          • #6
            Hi
            This ties in with McDuck's comments on parking.

            Richard

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