Enough land for homes - council
Is there a shortage of land for development in Timaru?
There is no shortage of land around Timaru, according to the district council, despite sections being snapped up and some homeowners subdividing their properties to get what they want.
Town planner Peter Kloosterman said there was a land bank available from Mountain View Rd to the Gleniti Golf Club. The total area of that land, which has not yet been subdivided, is 63 hectares, of which 15ha has subdividing applications pending.
The district plan permits the sections to be developed in stages as infrastructure allows.
Though the district plan was completed in 2005, Mr Kloosterman thinks there is enough capacity to absorb Christchurch earthquake refugees.
The council also purchased undeveloped land in Dobson St in the 1970s and started subdividing and readying the sections for sale in October. Council property manager Matt Ambler said half the sales would cover their subdivision costs. The council has also provided a new reserve on the south side of the estate for the neighbourhood.
Stonewood Homes has the exclusive rights to the Dobson St titles to sell all 12 lots; it has sold seven and is negotiating with three other potential buyers, leaving three sections remaining. The company will build a four-bedroom, two-bathroom home on a 750-square-metre lot, in a house-and-land package for $543,000.
Ray White Real Estate principal Philip Smith said in his 35 years in the industry there had always been a shortage of land in and around the inner city.
"Occasionally bare land comes up for sale," he said.
Climie Tce initially was not favoured but people had been driven to reconsider and now there were new homes overlooking Caroline Bay, he said.
Peter Stray, of Blackham Boote Real Estate, said demolishing houses in the inner city to make way for new buildings was a good way to reuse land and revitalise the area.
Many people did not want to take the risk or jump through the hoops required for subdivision, Mr Stray said.
Taking the risk of subdividing his own property in Wai-iti Rd is builder Jeff Wright. He is in the process of demolishing his 90-year-old house and dividing his section into two.
"No section suited us so we wanted to keep the same address. It was common sense," he said.
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