Subdivide: The newly released Auckland Unitary Plan includes regulations that provide for higher housing density than had previously been possible in many suburbs. This makes many sites now subdividable where they hadn’t been before. And these changes pave the way for Infill Housing. This is the building of further dwellings on an existing site, by sub-dividing the property. Essentially, this means putting a new house, or units, on your section, a move that can be extremely financially rewarding.
On a social level, Infill Housing is great for bringing new housing stock into a desirable, established suburb, with good school zones. Plus, the increase in house numbers allows for improved neighbourhood amenities, with more local shops and cafes, better public transport and better roading – benefitting everyone.
It can, however, be difficult to know if your section is suitable. A good builder will have an experienced team on hand to help assess this. The GJ Gardner team, for example, provides a no obligation assessment of your site’s potential.
Should your site prove suitable for Infill Housing there are two main options available.
One is Subdivide, Build. Subdividing your section allows for an additional house to be built on your existing land. You could live in one and sell the other, or live in one and rent the other out. Alternatively you could sell them both. No matter which option appeals, a new house in your possibly sought-after area is a desirable prospect for many potential buyers out there.
The other attractive option for Infill Housing is Subdivide, Sell. For this approach, a partner builder can help subdivide and sell the new section on your behalf. By finding a buyer before final subdivision, you could avoid paying full subdividing costs without a buyer lined up.
Alongside the significant financial return to you, Infill Housing helps to ease New Zealand’s housing shortage, ups the quality of housing stock and helps limit urban sprawl.
Together with Knock Down Rebuild and Infill Housing, there’s the third option of going with a lucrative Medium Density development.