FRITZ ADVICE ON SUB-DIVISION

The least you want to do have a TOP surveyor AND accountant look over the subdivision plans to advise you on taxation and town planning and a simple feasibility study.

We have expertise in 1 into 2 subdivisions, and most people we see UNDERESTIMATE the costs. Reserve Contribution being a major, that is the cash you hand over to council in exchange for pieces of paper. As from the posts above Auckland seems to be around 80-100K, Taupo where we live is a more modest 45K upwards.

Simply understand HOW a subdivision works, your time frame on it and how much cash is required. I have seen many people lose their shirt. Here is a brief outline of the process:

1) Surveyor and planner prepare resource consent application to council and a scheme plan, nice drawing setting out HOW they are going to split the land making sure they comply with the criteria such as coverage, access, and a myriad of council conditions. Let's assume you are subdiving without a notified consent (notified is when you are outside the council regulations and need to notify neighbours/stakeholders and that is a different ballgame again.)

2) Council deliberates (up to 6 weeks), any questions come back in writing and changes may have to be made ( 6 w start over)

3) Council grants resource consent with special conditions (pertaining to your site) ie water, sewer, power, vehicle crossing, soakholes, easements etc

AND

a bunch of small print the general conditions which can cover all sorts of things they may come back to you. (6w any query start over 6 w)

4) You have to go and fulfill all special and generic conditions, ie concrete a vehicle crossing, connect sewer, connect water to site boundary, build roads/driveway(however long that takes you)

5) You go back to council and say, hey, I just filled all these conditions, are you happy ? (6w)

6) They come back and say yep, we are happy or aaahh, no, we want you to build a 9m deep soakhole, or a retaining wall because your neighbour, or ......

7) You do that covered under 6).

In the meantime your solicitor liaises with your surveyor and prepares any easements or right of ways from your consent over your roads or accessways or sewer lines.

9) You go back to council and say, hey.. happy now ???

10) Yep we are, please pay 7.5% of the section value (Taupo) plus parks, roading and waste contribution, that makes 19.8K per section created and we will give you a shiny piece of paper that says 224C and which means you can now proceed to Step 11.

11) Your surveyor comes back and finalises the survey and bangs some shiny white pegs into the ground.

12) All paperwork gets send to LINZ (Land Info NZ) and they issue 2/3/6/20 new titles OR they come back and say, we have a few questions (6 w)

13) You are covered in sweat by now (or not) answer all the questions and BINGO .... new titles.

14) You break out the champagne

Time lapsed: 11 months
(This is Taupo, am sure similar elsewhere)

And this was a plain sailing one.

GET A GREAT TEAM.

Now I am sure a surveyor would have written this in a somehwat more eloquent way, but this is what you are buying.

Trust this helps. It is a bit of an epic, but I had fun writing it.

Cheers.

Fritz.

COLIN KUMAR
Barfoot & Thompson Commercial
m. 64 27 684 1114 | p. 649 358 0989
c.kumar@barfoot.co.nz

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