Resource consent has been granted to subdivide 61 and 61b Wallace Street into 4 allotments. Along with 61a Wallace Street, a 5 allotment development is consented for the site. This is an exceptional development opportunity for a parcel of land that offers unparalleled amenity in this exclusive part of the city.
The underlying town planning designation of the property is General Residential 2, which means that there is an opportunity for further subdivision of the property. The minimum size for an individual property in a General Residential 2 zone is 300m2.
The following image accompanied the resource consent application and is the approved basic subdivision plan. Note that there is a vehicle driveway access positioned along the southern boundary of the development and terminating adjacent to Lot 4, which will require the removal or demolition of the existing house. This removal/demolition of the house was granted as part of the resource consent subject to any legislature requirements.
Note that all services: water, foul sewerage, stormwater, fibre, and electricity are installed for the property known as 61a Wallace Street (lot 2, DP573552).