subdividing land nz
28 January, 2016 | Dawn Fullam. In This Article He answers: Without knowing more about the land in question it’s not easy to give accurate estimates on costs. Subdividing Land. The subdivision process takes several months and is often longer than first anticipated. The subdivision process. The above list is not exhaustive. It is also dependent on where the land is. See section 218 Resource Management Act 1991 for the full definition. It will cost $2,000 to $10,000 for more than two lots. Stage 1- Obtain Council Approval. Knock down your existing dwelling and develop multi units to sell or rent. Subdividing land. You may also need to seek advice from an accountant, solicitor, real estate agent, architect, valuer and a … In addition, a surveyor will charge between $500 and $2000 for a mid-size property to be surveyed and platted.. Often as a result of not understanding the subdivision process, we find people subdividing land experience delays for issue of title, sale of lots from the subdivision and additional costs. Subdividing Property in New Zealand. Many Auckland property owners now have the opportunity to subdivide their property as a result of the new Auckland Unitary Plan. Professional fees for a land surveyor, planning consultant, lawyer, engineer, etc. Subdividing could enable you to: Create a home and income by utilising extra land that you aren’t using. The subdivision process can be broken down in to 4 main parts: obtaining subdivision consent from the Council, undertaking engineering design and installing new services and access, the legal survey which includes placing new boundary pegs, and finally sign off from Council and obtaining the new titles from Land Information New Zealand. This is the most common type of subdivision. A subdivision can range from the carving up of hundreds of acres of rural land for housing, developing land in a prime commercial area, selling half your quarter-acre section or simply wanting to extend your boundary a few metres. Even in situations where the proposed subdivision is a permitted activity, a certificate of compliance will be required. In order to subdivide you will first need to engage the services of a surveyor. Get your kids on the property ladder or fund your retirement. Almost always, anyone wishing to subdivide will need to obtain a resource consent. You will need to take the following steps: Lodge an application with your Council for a resource consent for the subdivision.Your surveyor or planner normally prepares the Council application. It is recommended you seek professional advice and get an estimate of the likely costs from someone experienced in the subdivision … The District Plan contains specific rules for subdividing land or buildings. Fraser Thomas Guide to: Subdividing in New Zealand Posted at 11:55h in Helpful Information , Subdivision by sgarlick@ftl.co.nz Download our Complete Guide to Subdivision and Land Development Local fees will cost between $500 and $1,500 to split a property into two. Land Information New Zealand fees. Not a lot is simple and easy when dealing with subdividing so I have enlisted the help of Chris Kitsen a Planning Consultant with Barry Satchell Consultants (www.bscl.co.nz). Subdivision continues to be an excellent investment option in New Zealand. Subdividing Land NZ. Stage 2 – Approval of Survey Plan Whatever the scale of your subdivision, there is a common thread of stages to be ticked off – we explain below. Everything You Need To Know About Subdividing a Property Summary: Cost to Subdivide Your Land.
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