Development Potential
Paving the Path to Your Next Step
Are you a property owner, contemplating the untapped potential of your land? At Urban Construct, we understand the allure of development opportunities, and we are here to guide you on your journey. Whether you're a seasoned investor or a first-time vendor, understanding the key elements that make a property suitable for development is crucial. Let's delve into some vital factors that can help vendors identify if their property could be a prime development site.
1. Site Contour and Access: The Flatter, The Better
The contour of your property plays a significant role in its development potential. Flatter land is generally easier and more cost-effective to develop, as it reduces the need for extensive earthworks and foundation adjustments. A flat site allows for more flexible architectural designs, ensuring your development project can make the most of the available space.
Along with site contour, access is another essential consideration. Properties with wide road frontage are highly desirable for developers, as they eliminate the need for long driveways, making the development more accessible and attractive to potential buyers.
2. Location: The Heart of Amenities and Arterial Routes
The old adage "location, location, location" holds true in the world of real estate development. A property close to amenities, such as shopping centres, schools, parks, and recreational facilities, is a definite plus. Buyers and tenants alike are drawn to convenience, and having essential services within easy reach enhances the value of your development.
Proximity to arterial routes and public transportation is equally crucial. Easy access to major roads and public transport hubs makes commuting a breeze, making your development even more appealing to potential residents or investors.
3. Council Zoning under the Auckland Unitary Plan
Familiarising yourself with the Auckland Unitary Plan (or zoning in your area) and its various zoning categories can be a game-changer for your development aspirations. Here's a concise overview of some significant zoning categories here in Auckland:
Mixed Housing Suburban (MHS): This zoning encourages a mix of housing types, including detached and semi-detached houses. It is ideal for suburban areas with a focus on residential development.
Mixed Housing Urban (MHU): MHU zoning allows for medium-density housing, including townhouses and low-rise apartments, making it suitable for urban infill and redevelopment.
Terrace Housing and Apartment Buildings (THAB): This zoning facilitates higher-density developments, such as townhouses and apartment buildings, and is well-suited for more central and urban locations.
To check the specific zoning of your property, visit the Auckland City website: Auckland City Unitary Plan
4. Good Sized Lots: Emphasising Space and Flexibility
A property with a generous land size is a real gem for developers. Larger lots provide the freedom to design and construct various housing options, accommodating diverse needs and preferences. A substantial land area also allows for open spaces, greenery, and recreational amenities, enhancing the overall appeal of the development.
5. Access to Services and Flood-Free Zones
Development sites with convenient access to essential services, such as stormwater infrastructure, electricity, and sewage systems, simplify the development process. Availability of these services can significantly impact the feasibility and cost-effectiveness of your project.
Avoiding flood-prone areas or those with drainage issues is paramount. A property that is not susceptible to flooding or overflow problems ensures the safety and security of potential residents, safeguarding the reputation and longevity of a development.
If you believe your property possesses these key elements and holds promise as a development site, we invite you to reach out to our in-house development team- Urban Lane or contact us at mark@urbanconstruct.co.nz.