Why you should read this? Alternative ways to improve land value.
#1. Getting a local council zoning change is another way of creating value.
While this can be incredibly expenses with soooo many consultants it can be a smart way of increasing marketability and value.
For example, In regional pockets of NZ their are many suburban shops that sit on very deep sites. A zoning change say to residential (if council district scheme and town planning allows) could free up after demolition, marketable & valuable land lots.
To add a comparative lens: in many European cities, there’s traditionally less rigid separation between residential, retail, and light commercial uses. Mixed-use buildings — where people live above or behind their businesses — are common and culturally embedded. This integration offers several advantages:
Enhanced security: Continuous occupancy deters vandalism and improves passive surveillance.
Reduced commuting: Living and working in the same space cuts travel time and supports local economies.
More vibrant environments: Mixed-use zones foster walkability, street-level activity, and community cohesion.
These models could inspire zoning reform in New Zealand, especially in regional areas where legacy commercial sites are ripe for reimagining. Curious to hear if any councils are already exploring this kind of flexibility?
Hi @chris-newkids@Salicifolia. What a brilliant idea. Every time I drive through a NZ town I often ponder how a town image could change and replace some of those ugly vacant shops that must be earthquake risks!
Hi all, @chris-newkids@Salicifolia@Hopefullone. This has been successful for a client of ours. A good surveyor and town planner are needed in the commercial and industrial sector. Be-careful of old contamination and historical artefacts. I included a link on this.
For: Developers, added value investors, Owners
Category: Industrial, commercial, rural land,
Why you should read this? Alternative ways to improve land value.