The new Terrace Housing and Apartment Building (THAB) zone allows for the building of some high-density developments to meet Auckland's starved housing supply.
Because of this massive potential density, you can go six-storeys high with no parking, and intensively use the land. This creates an opportunity to increase supply and for the developer to make money.
THAB Town Planning Development controls
| THAB Zone |
Density – Undeveloped Design | NA |
Density – Developed Design | Unlimited |
Height in Relation to Boundary (HIRB) | 3m + 45° or 8m + 60° |
Height Restriction | 16m |
Front Yard | 1m |
Side Yard | 1m |
Impervious Surface Maximum | 70% |
Building Coverage Maximum | 50% |
Living Courts | 20m2 |
But there is also potential to get it wrong. I caution Auckland Council and developers to pay attention to design in order to stop what can only be described as a visual abuse of our community and the rapid creation of future ghettoes for Auckland due to our city's new exuberance to create housing supply.
Look at this particular block of units in Manurewa. In my opinion, this is a simply awful development.
Features include:
Cheap to build, nasty to live in. Not what I think we should be allowing.
Is this really what Auckland is going to do with new zoning? I am very disappointed. The slightest attention to basic design could have dressed these units to have some character. Even Mt Eden prison has better character than this development. This is just a developer being let loose, seeking yield without any conscience beyond cash flow returns. But the community will have to live with these awful designs for the next 50 years until they fall down.
I have some THAB sites on the go, and the image below is what you can do with a little bit of attention to detail and design. Improving housing supply, increasing density, making a profit, and attractive design are not mutually exclusive.
If you'd like to learn more about developing, have a look at our Property School course - we run an entire module on development. Or, if you already have a site in mind and would like to understand the best options for developing it, book a consultation with Property Central (a division of GRA).
This letter is to express my appreciation for the assistance and encouragement of both Anthony Lipscombe and particularly John Heaslip over the last financial year. The period since activating my trading trust has been one of considerable stress, as well as personal development, as I embarked on this as a relative business neophyte with virtually no awareness of the contemporary requirements of running a business, particularly the financial records aspect. During much of this period I have therefore felt considerable out of my depth. However I have been lucky enough to have had the benefit of the advice and support of John Heaslip in rationalizing what was a fairly chaotic set of records of the first year property trading. I am able to say that John in particular, has been unstinting in his attention to my needs and has done so in a manner which has never alluded to my extremely rudimentary grasp of managing a business, or even of being unable to set out a spread sheet properly. The result of the above guidance is that now, although my trading trust would still not be able to operate without the advice of GRA, I do least feel a sense of satisfaction that I have got to my present point without major disaster and that my property trust does now have some kind of firmer basis for any future activities - Name withheld by request
Investing in residential property?
If you're investing in residential property, seeking to maximise your ability to succeed and minimise risk, then this is a 'must read'.
Matthew Gilligan provides a fresh look at residential property investment from an experienced investor’s viewpoint. Written in easy to understand language and including many case studies, Matthew explains the ins and outs of successful property investment.