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Far North

Russell

12 Gould Street, Russell

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Russell · Far North

12 Gould Street, Russell

Land Price

$485,000

With 2-Bed Devpro 65m²

$784,999

With 3-Bed Devpro 95m²

$884,999

With 4-Bed Devpro 122m²

$984,999

Land area

Zone

Residential

Natural Hazards

None identified

Council services

Live reticulated water, wastewater, and stormwater data is not yet wired in for Far North. Check the LIM report or contact Far North District Council directly.

Title Type

Freehold · Fee Simple

Legal Description

Lot 4 Deposited Plan 35441

Title Area

766 m²

Easements

None identified

Lifetime cost · Devpro vs Building Code

What is the lifetime cost of a 4-bed home at 12 Gould Street, Russell?

Section price pre-filled from this listing. Tweak the build, mortgage, and running-cost inputs to see the 30-year picture.

The build

Mortgage

Running costs

Monthly mortgage — green-loan advantage

Building code

$4,858/mo

Devpro

$4,599/mo

Saving

$259/mo

Devpro vs Building Code — the investment case

YearIf held (savings)If sold — resale premiumIf sold — total Devpro advantage
0yr$0$88,650$88,650
5yr$28,799$113,142$166,604
10yr$61,262$144,401$259,310
20yr$171,692$235,215$530,844
30yr$279,219$383,140$863,686

If held = cumulative operational savings (mortgage interest + energy + HVAC service + replacements avoided). If sold = full net-position delta. Click any row to see the five components that make up the total advantage.

30-year "held" savings — where the money comes from

Mortgage interest (green-loan 1% off)
$93,227
Energy (70% lower, inflating)
$139,522
HVAC servicing (less run-time)
$19,932
HVAC replacements avoided
$26,539
Total 30-year savings
$279,219

Talk to us

Talk to us about building on this section

Curious about building on 12 Gould Street, Russell? Send a quick note and we'll be in touch within one business day.

About this section

<p>Three generous sections in the heart of one of the Bay of Islands’ most cherished townships offer an opportunity seldom available in Russell. Positioned to capture the morning sun and quiet valley views, each site provides a peaceful setting with the convenience of nearby cafés, beaches and the historic Russell village.<br /><br />Lot 3 is 0.1857 hectares (more or less), Lot 4 is 0.1936 hectares (more or less) and Lot 5 is 0.2041 hectares (more or less). All are serviced, with a concrete driveway providing easy access to each section. The elevated setting offers a sense of privacy, enhanced by pockets of native bush and regular birdlife. On still evenings you may even hear kiwi in the surrounding valley.<br /><br />Whether you are looking to build a permanent home, private holiday accommodation or secure a future investment in Russell township, these sites offer endless potential. Each section is within walking distance of Russell wharf, Long Beach, schools and all the essentials that make living here so appealing.<br /><br />Land in central Russell is tightly held, making this a rare chance to secure your own place in the Bay of Islands. All three sections are listed at $485,000 dollars each.<br /><br />For more information or to arrange a viewing, please contact Leigh Robertson at New Zealand Sotheby’s International Realty.</p>

Site context

What surrounds this land.

Road frontage

72 m

ASHBY STREET, GOULD STREET, HAZARD STREET

Nearest stream

229 m

setback may apply

Nearest river

Nearest coast

418 m

Nearest lake

Nearest wetland

RMA s6 constraint if close

Rail proximity

Powerline proximity

Distances are from the parcel centroid to Topo 1:50k features (LINZ). Road frontage is a proxy — centreline intersection with parcel boundary, not a legal access measure. Confirm setbacks with a district-plan check before purchase.

Survey & boundary

How well-defined are the boundaries?

Survey plan

DP 35441

Deposited 1948-02-01

Survey class

I is tightest, V is loosest

Survey marks near parcel

0

Redefinition survey

Consider budgeting

Based on plan age + survey class

Survey data from LINZ Landonline. A surveyor's boundary redefinition can cost $3–10k+ depending on site conditions — factor it in if you plan to build close to a boundary and existing marks are damaged or missing.

Aerial imagery

See the land from above.

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