Land subdivision is one of the quickest ways to make a profit through the property. Before you begin the land subdivision process, make sure you get approval from your local council. Every local council has a different set of regulations, which allows them to easily deal with various individuals and their needs.
Listed below are 7 steps that Mater Builders NZ advice people to take before starting land subdivision:
Is your property at least 800sqm in land size?
As you may know by now, all local councils have their unique land subdivision guidelines, so ensure that you check them first. However, generally properties larger than 800sqm have the potential to get subdivided.
Does your property allow ample room for access?
One of the requirements set by local councils is that the property owner should make sure that there is enough space between the edge of the property and boundary line to easily construct a driveway. This means that you should be looking for something more than just a big block. There should be enough space to construct a driveway.
Does your property have a gentle slope or is levelled?
A flat land is easier and cheaper to subdivide as compared to one that has a steep slope. A steep slope usually restricts what you could build. Plus, a sloping block may require you to dig and build retaining walls that can eventually be very expensive.
Are you looking for corner clock properties?
When it comes to land subdivision, corner blocks are a good option as they allow easy division of two lots.
Have you checked the structure of the property?
In case you are planning the land subdivision within an existing dwelling, you must make certain that it is strong enough and well-built so if you need to move, it doesn’t cause any problem.
Do you understand the zoning rules?
Before buying a property, check with the council if it complies with zoning rules. If you aim to build medium-density housing such as a duplex or a townhouse, check if the property is zoned for this type of structure.
No doubt land division is the quickest way to make a profit through a property, but, it has its risks as well. You may also need to seek professional help to complete the process.
Have you consulted with construction companies who are familiar with land subdivision?
Reliable civil construction services can benefit you a lot. Construction companies with knowledge of property prices and buyer demand can assist you with the land subdivision process.