Great Case Studies
The Ashcroft Advantage
Discover some real life examples where our Ashcroft team have helped clients maximise their returns from property development.
When Two Becomes Eight – Quadrupling Rental Potential!
A client approached us seeking development options for a 1,012 sqm section that hosted two brick and tile units. After reviewing the site for its build feasibility, the Ashcroft team concluded that the two units could be replaced with eight new terraced homes! It was important to our client that any new dwellings would provide a comfortable and contemporary living environment for their eventual residents. Ashcroft’s Windsor Plan ticked all the boxes.
The client lives out of town so partnering with a company that could manage all aspects of the project from initial scheme plans, to council consents to construction was going to make life a lot easier. Despite the long distance relationship, great communication and sound processes have pathed the way for a smooth journey so far.
Our client is committed to creating an enviable development with a strong community feel. On completion, residents will enjoy beautifully landscaped grounds, secure gated entrances and niceties such as communal bike racks!
Council have approved all resource and building consents, and construction has begun – and very shortly, this client will be enjoying rental returns from eight properties, rather than two!
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 potential and was keen to develop them. 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.
The project is now well into construction, and we’re looking forward to handing the keys over very soon.
Smarter Use of Land Creates Homes For All!
We’ve been working with a lovely client who purchased a four bedroom home in Hillsborough. Our client wanted to develop the property to provide housing, not only for himself but also for members of his extended family. And if at all possible, he was also keen to add a further dwelling that could earn the family rental income.
After reviewing the site, Ashcroft determined that by removing the existing house, four new homes could be constructed using duplex developments. Two Camden homes with four bedrooms each – a home for our client and his family and another for his mother, father and siblings. And then two further Luton houses, each with three bedrooms – one ideal for his parents in law and the other as a rental property.
This is a great example of how the Auckland Unitary Plan is creating opportunities for more housing in the Auckland region, and how families working together can achieve home ownership
Overcoming Obstacles – All in a Day’s Work for our Ashcroft Planners!
Our Planning and Subdivisions team were of immense help to a couple who wished to add a second home to their section. Initial assessment from the council suggested the property was beneath the national grid corridor transmission lines and to add furtheIr complexity, there appeared to be a floodplain running over the proposed build site.
To prevent our client’s dream of a second dwelling disappearing, Ashcroft’s Planning and Subdivisions team engaged their own engineers for a second opinion. It was found that the preliminary assessment, that had informed the Council’s assessment was inaccurate and the property was not in the floodplain at all.
Our Planning team also looked into the national grid corridor transmission lines, which were shown to only affect part of the site and the proposed build site was confirmed to sit outside this area. Another challenge addressed! Our team then arranged acoustic and ventilation reports, which revealed that any overflying aircraft would not impact on any future residents. With boxes all ticked, a resource consent application was then prepared and successfully granted by council.
Smarter Thinking Leads To $45K Saving For Our Client!
A recent townhouse development included the subdivision of a site into 10 freehold titles. Council advised that each title needed its own stormwater soakage device and requested this be included in the engineering plans. While this was a straightforward process in terms of satisfying Council’s requirements, it would have resulted in an estimated cost of approximately $50,000 for the 10 soakholes.
Using their knowledge of the Resource Management Act, Ashcroft’s Planning team developed a solution, that allowed an argument to be formed, that only a single soakage device was technically required for all 10 lots. This approach was accepted by Council and ultimately saved our client $45,000 in stormwater management costs alone.
Why Build 2 Houses When You Can Build 5!
In 2016, a client approached us looking to build a new home and a minor dwelling on their site. We created a site plan and the client went away to consider their options. Later that year, the Auckland Unitary Plan was introduced, and it was no longer possible to add a minor dwelling on this particular site, so the project went on hold.
With the launch of Ashcroft’s new terraced housing range, our in-house specialists revisited this project and concluded it was now possible to build FIVE new houses on the site, dramatically increasing the returns for this landowner. As you can expect, the client was thrilled!
Site Plan Proposal 2016
One new house with a minor dwelling.
Site Plan Proposal 2018
Five new homes in a terraced housing development.