Original site
High Density Terrace
House Development
The Auckland Unitary Plan unlocks valuable capital
for property owners
Street View
Landscape plan
The owners of this property are classic “down-sizers”. The home has been in the family for forty years and now the family has “flown the Coop”.
The house is almost 100 years old and refurbished, but not so attractive it would appeal to “character home buyers,” so it will be relocated.
The land however is in Remuera and demand for mid-range terraced townhouses exceeds supply by a wide margin.
And therein lies the opportunity to realise a substantial capital gain, much greater than the current market value of a “home for sale”.
RDC and its partners have access to market leading research and product design and on this 600m2 site have designed a mix of 5 townhouses.
The Preliminary Feasibility predicts a bankable and profitable project.