Subdividing a property in Auckland is expensive. Therefore, you must have significant funds to finance the permanent change in the property. Unfortunately, subdivision project management does not have a flat rate. The requirements will vary according to the development of the property. Furthermore, each subdivision project is unique.
Different categories of subdividing costs
Primary expenses
You will need help from new connections or services who will survey the site. Moreover, you will need to set up new power, phone, gas, or water connections as well. The owner must also factor in the site access and private drainage. You will need to construct a highway or create a new crossing for vehicles.
Subdivisional surveys and construction plans are additional costs as well. You will need to pay for Land Information fees, legal charges, and issuance of certifications.
More expenses
The land owner will pay for floor reports and capacity investigations. You may need to hire experts for a contamination assessment and noise report. The funds are required for meetings, excavation, retaining, building changes, and relocation. You may need to demolish a part of the property. Removing concrete is also expensive.
Council Charges
A council contribution will incur whether you are a new building or a new lot from the land. It is described as the share of amenities and infrastructure. Council feels include charges for public facilities and roading expenses.
The different costs in subdividing properties in Auckland
The following elements will influence the subdividing price:
- Firstly, the site feasibility is a primary requirement of subdividing. If the assessment is costly, the overall procedure is likely to become expensive.
- Secondly, the general reports also carry a lot of influence. GTD will carry topographical, drainage, and geotechnical reports. Other services are on-site assessments such as arborist, flood, and residential structures.
- In addition, the drafting of the design plan is also a crucial step.
- Additional costs are related to the consent application. GTD will communicate with the Auckland Council and carry out legal processes. Moreover, we will submit and supervise requests with the Land Information New Zealand Authority.
- GTD will also estimate the contribution expenses by contacting the land council.
- The subdividing expenses will increase if the site installation costs are high. More funds are needed if the land boundary is extended. Tough access to the construction site will make the processes expensive as well.
Do you need help with subdividing properties?
Subdividing property or land is more difficult than expected. Most owners do not understand the number of tasks and the expertise needed for excellent subdivision project management. GTD will handle the complications with surveys, engineers, council members, and inspectors. We understand the language they speak perfectly.
GTD offers dedicated and experienced coordinators who know what they are doing. Our staff will break down the technical terms. Moreover, we will negotiate with the vendors for overcharging. GTD will walk you through all the steps.
We aim to make subdivision project management efficient. Whether you are selling land to generate additional income, our staff will help you with the journey. Contact GTD today.