Townhouse Development

Auckland medium-density development. Built into the platform.

The NZ townhouse market is where PropertyDevPro is deepest. Whether you're building 4 units under MDRS or a 20-unit block under a resource consent, the platform's cost structure, benchmark library, and workbench are built for how medium-density residential development actually works in New Zealand.

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Auckland benchmarks

Indicative unit GVs and margins

Based on current Auckland market data. PropertyDevPro pre-loads these as starting values. You adjust for your specific site, location, and specification.

Unit typeFloor areaIndicative GVDeveloper margin
2-bed / 1-bath65–75 m²$820,000–$890,00022–26%
3-bed / 2-bath95–115 m²$1,050,000–$1,180,00024–28%
4-bed / 2-bath130–150 m²$1,250,000–$1,450,00026–30%

Indicative figures — Auckland metro average. Margins are on GDV before GST. Adjust for location premium, spec level, and site conditions.

Key considerations

From 4 units to 20. Built for the NZ medium-density market.

MDRS built in

The Medium Density Residential Standards are pre-loaded in the platform. When you enter your site details, PropertyDevPro surfaces the relevant height, setback, and coverage rules for your zone — so your feasibility reflects what you can actually build.

Per-unit cost explosion

For staged or mixed-unit townhouse developments, the Cost Workbench lets you explode any cost row into per-unit rows — so your construction cost is allocated across each unit type, and you can track the margin on a 4-bedroom vs a 3-bedroom side by side.

Unit sales scheduling

Revenue from unit pre-sales and settlements is the other side of your cash flow. PropertyDevPro lets you model pre-sale deposits and settlement receipts against your construction drawdown schedule — so you can see exactly when you need funding and when you start positive.

"I used to spend three hours updating my cash flow every time a date changed. Now I change the consent date and everything moves automatically."

Mike T., 6-unit townhouse developer, Auckland
MDRS & NPS-UD context

Why MDRS changed the townhouse equation

The Medium Density Residential Standards (MDRS) and National Policy Statement on Urban Development (NPS-UD) reshaped what is possible on Auckland residential sites. PropertyDevPro includes the context you need to evaluate each project.

Up to 3 storeys as-of-right

Under MDRS, most Auckland residential sites allow three-storey development without resource consent. PropertyDevPro flags which zone rules apply to your site.

Minimum lot sizes removed

MDRS removed minimum lot sizes in most Auckland zones. This unlocks townhouse development on sites that previously needed subdivision consents.

Carparking not required

No minimum carparking requirements under MDRS. This reduces cost-per-unit significantly for infill townhouse projects.

Auckland Council contributions still apply

Development contributions are assessed per unit based on bedroom count. PropertyDevPro pre-loads the 2024 AC schedule and calculates contributions automatically.

Platform capabilities

Built for how townhouse projects actually work

Unit explosion

Define your unit mix once. PropertyDevPro explodes it into individual unit rows — each with its own floor area, GV, and settlement anchor. Change one unit type and the totals update instantly.

Build-finance drawdown modelling

Model construction finance drawdowns against your monthly cost schedule. See peak debt by stage so you can size your facility before you approach a lender.

AC development contribution calculator

Auckland Council contributions are assessed per bedroom. PropertyDevPro calculates total contributions from your unit mix using the 2024 schedule automatically.

Scenario comparison

Compare a 6-unit vs 8-unit configuration side by side. See how adding two units affects margin, peak debt, and IRR before committing to the design.

Sales module

Enter individual unit sale prices and settlement dates. The revenue module calculates GST on margin, net proceeds, and timing of settlement receipts by month.

Construction benchmarks

Auckland townhouse construction benchmarks ($/m² by spec level) are pre-loaded so your build cost starting point is realistic, not a guess.

Unit explosion

Define a mix once. Get full per-unit cash flow.

Example: 8-unit townhouse block

4 × 2-bed units
Months 18–20$3,440,000
3 × 3-bed units
Months 19–21$3,285,000
1 × 4-bed unit (corner)
Month 22$1,380,000
Total GDV$8,105,000

Each unit row flows through to the Cash Flow tab with its own settlement date. You see exactly when revenue lands relative to your build cost schedule — and where your finance facility needs to peak.

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