Here's your chance to take advantage of the multitude of opportunities presented by acquiring real estate in the THAB Terrace House/ Apartment Building zone in Pt Chevalier. This zone provides for the highest level of development intensity.
The neighbouring property at 9 Walmer Rd is also available for sale which would provide a total land area of 1,342m2.
The generous development controls in the zone permit structures up to 16 meters high, building coverage of 50% and there are no car parking requirements. Resource consent is required for any residential development on the site.
Subject to the acquiring of Resource and Building Consents here are some of the options that may be possible:
1) Remove the home and build terrace homes.
2) Build a block of two bedroom units with one carpark each.
3) Acquire 9 Walmer Rd and 11 Walmer Rd together and complete a larger number of terrace homes or an apartment building.
Terrace homes could be designed so all face the afternoon sun with driveway access on the southern side and the rear property would have a spectacular view towards Western Springs and the City. There is no parking requirement in the zone but at least one car park space or a single garage would add to resale value.
Make a time to meet on site and discuss further the potential presented here.
A planning report is available upon request.