Maximize your property’s potential by dividing it into multiple tenancies! Boost your income, attract diverse tenants, and enhance property value with our expert services.
Dividing a commercial building into multiple tenancies can significantly enhance revenue potential by maximizing the use of available space. Property owners can attract diverse tenants, increasing occupancy rates and providing flexible leasing options tailored to various businesses. This approach not only generates additional income but also allows for better financial management by spreading risk across multiple tenants. Furthermore, adapting spaces to suit emerging market needs can lead to improved property value and long-term investment growth, making it a strategic move for property owners, Swanee Construction can help you through this transition.
Modifying a property to create new tenancies requires obtaining building consents from the Christchurch City Council to ensure compliance with building codes and zoning regulations. This process involves submitting detailed plans and specifications of the proposed changes
Before undertaking any modifications, it is crucial to check the relevant planning zones for the property to ensure that the intended use complies with local regulations. This involves referencing the Christchurch District Plan to confirm what activities and land uses are permitted within the property's zone
If the property is not being formally subdivided into separate lots but rather divided into tenancies within the existing structure, public notification as required for land subdivision is not applicable. However, owners must still comply with building and zoning regulations
If you are wanting your commercial property to be subdivided into separate lots Swanee Construction can also help with this process
High quality. Great service. Great communication. I've been working with Swanee for years and he always delivers.
Swanee worked on the construction of my house, a large property in Redcliffs. Always reliable and willing to go the extra mile.
Love dealing with Swanee - honest, reliable and always good for a laugh and an excellent tradesman.
Swannee is great to deal with, honest and fair and does what he says he will.
We have been using Swanee Construction for over 5 years. We have always found them to be professional and to finish a job to a high quality.
Swanee is great!! Everything was done in a Timely manner with great communication.
Increased Revenue Potential: Dividing a commercial building into multiple tenancies can significantly boost rental income by diversifying tenant profiles.
Enhanced Property Value: Well-planned subdivisions attract more interest, ultimately increasing the overall market value and investment return.
Risk Mitigation: Multiple tenancies spread financial risk, ensuring that income continues even if one tenant vacates the space.
Flexible Leasing Options: Offering various tenancy sizes and layouts accommodates a range of businesses, enhancing tenant appeal and occupancy rates.
Budget: Establishing a realistic budget is crucial for all projects, and it's important to factor in potential unforeseen costs.
Local Council Regulations: Understanding and complying with local council regulations and building consent requirements is essential.
Sustainability: Incorporating sustainable materials and energy-efficient designs can be beneficial for both the environment and the business.
Future-Proofing: Designing a space that can adapt to future changes in technology and customer needs is important.
