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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How a Fresh Strategy Saved this Project When the Market Shifted
When our returning client purchased a house on a large section in Avondale, the initial plan was impressive: demolish the existing house and construct three modern homes, 2 three-storey Highgate duplex and a stand-alone Kingston at the rear.
A Property Development Transformation
Scott Keddie owned a home with a spacious section in Sandringham. Recognising its property development potential, Scott initially planned to demolish the home and build an apartment block.
Staged for Success: Risk-Smart Strategy for a Shifting Market
Our client purchased a 1,467m² property with an existing home back in 2016 and a clear goal from the outset – to fully develop the site for maximum value. With guidance from their Ashcroft Property Development Consultant (PDC) they mapped out the full development potential from the outset, ensuring every square metre was maximised.