Development Potential Grows Considerably with New Unitary Plan
Our client owned two properties that sat side by side. Both properties had an existing single level 3 bedroom home. The owner knew the sites were not being utilised to their best development potential and was keen to explore options.
Under the old district plan, the only development option was to add a minor dwelling to each site. After evaluating the costs and returns, our client concluded the addition of minor dwellings was probably not a worthwhile investment. He put the development plans on hold but held onto the properties. This paid off when the new Unitary Plan was introduced and the opportunity for development grew significantly.
With a land area for both sites totaling 1450 square metres, under the new Plan it now was possible to construct six new Ashcroft homes, all on separate titles! Our client decided to proceed with five homes and Ashcroft’s Camden plan was the chosen design, constructed as two sets of duplexes and a stand-alone dwelling. Take a look at the planned development.
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Tight Space, Small Access? No worries!
A valued Ashcroft Homes client purchased a new property with the intention of developing the site, adding a new home which could later be sold.
Elevating Ground, Elevating Returns
Our client came across a great corner site which they knew would make an ideal development proposition. The site measured 746 sqm and was in a highly desirable, established Auckland suburb. The one drawback was that the site was not flat. The client initially considered the best development option would be to construct a new home and a new unit.
Correct Plan Selection, Critical for Maximising Return
Our client, an experienced property developer purchased this property with the goal of development. The site contained a stand-alone home, a garage and a shed, on land of approx. 1,012sqm. The intention was to demolish the existing buildings, constructing new homes in their place.