CONSUMER ARTICLE - DIVIDE & CONQUER

The November 2000 edition of Consumer published by the Consumers Institute of New Zealand Incorporated contains an easy reading report on the benefits and pitfalls of subdividing your section.

Various types of subdivision such as Freehold (fee simple), Unit Title (strata title) and Cross Lease (flat plan) are explained.

Case studies will show you how to keep the process on track by obtaining an initial appraisal and estimate of costs from a reputable survey company.  The article provides a simple budget and estimates to provide potential subdividers with the background to subdivision costs.

A surveyor is recommended as the key professional to consult at the outset.

We found the article an easy read, full of good advice and sensible cost estimates.  If you are considering subdividing it is a must read.

Visit the Consumers Institute Website to order the full report.
Commission a search for "subdivision" in the search at the bottom of the home page.