Subdivision

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We hear about it everyday, but

What is subdivision?

In the simplest terms, subdividing a property involves legally splitting it up into several lots – each with the potential for development. 

In many cases, there’ll be an existing home on one of the resulting blocks, as when a super-sized backyard is divided into a separate lot.

Once the property subdivision is approved, there are a few potential paths to take, including:

  • Selling the new or vacant lot for its development potential
  • Build an investment property on the new lot, to be sold or rented out upon completion
  • Demolish the existing house to make way for a larger development – for instance, building multiple townhouses

Subdividing land can create new opportunities

Most people are unware of the untapped potential in their property

If there’s one thing we know for certain, it’s that the Auckland property market is getting hotter and hotter every day.

With an increase in demand for high-density living, savvy property owners are choosing to subdivide their lots.

Keen investors have moved on from the renovation game, adding to their wealth strategy one simple concept: that two (or more!) properties are better than one.

Subdivision is all about maximizing the utility of an existing block to support your long-term prosperity. CNCC is the perfect construction partner to help you get there.

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