‘Cycle Only’ Planning Applications Start July 16

July 12, 2018 | 3 Comments

The start date for receiving planning applications at the Department of Planning for apartments designated “Cycles Only” will be on July 16th, the Government announced today.

A Government spokesperson said, “The Ministry of Home Affairs would like to inform the public that the start date for receiving planning applications at the Department of Planning for apartments designated “[Cycles Only]” will be July 16th 2018.

“The public will recall that in June 2018 Government announced the creation of this new category of dwelling unit that will have an assessment number, but will be restricted from having a private car registered to the address.

“This new type of unit [one-bedroom or studio units] can provide additional income for homeowners with smaller properties who previously were unable to create a rental unit.

“No legislative changes were required to implement this new category, however, there were some minor system changes that were needed; changes that have now been made.

“This initiative achieves a Throne Speech promise to, ‘stimulate construction demand and provide homeowners with additional income.’

“Until the creation of this new category, there was no way to issue an assessment number to an address that would not automatically include the ability to register a car against the unit, thereby limiting the creation of dwelling units to those properties that were able to provide the required car parking on their site.”

“Many homeowners have space to create an additional unit, but are unable to create additional parking spaces,” said the Minister of Home Affairs  Walton Brown.

“This provides a new opportunity for home owners, who would otherwise not be able to build additional units because of parking constraints, to maximise their potential for rental income.”

Click here banner of real estate 3

Share via email

Read More About

Category: All, News, Politics

Comments (3)

Trackback URL | Comments RSS Feed

  1. Hope says:

    Under the previous arrangements, if an assessment number was provided, was there actually any requirement for a landlord to provide a parking space on the property boundaries?

  2. jaybird says:

    By the way, has anyone noticed that the Department of Planning website has been offline for weeks now? Furthermore nobody answers the phone when you call. What is going on??

Leave a Reply