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Far North

Kaitaia

32 Okahu Downs Drive, Kaitaia

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Kaitaia · Far North

32 Okahu Downs Drive, Kaitaia

Land Price

$265,000

$23/m²

With 2-Bed Devpro 65m²

$564,999

With 3-Bed Devpro 95m²

$664,999

With 4-Bed Devpro 122m²

$764,999

Land area

1.17 ha

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 505297

Title Area

5,004 m²

Easements

None identified

Mortgage

No mortgage

Encumbrances

None

Consent Notices

Yes

Covenants

None

4 registered instruments on title
Mortgage2023-07-07
Discharge of Mortgage2018-07-18
Consent Notice2018-06-27
PSE2018-06-27

Market position

Priced 90% below the Far North average.

This section$23/m²
Far North · Residential average$231/m²

District average computed from the active sections listed. Updated daily.

Lifetime cost · Devpro vs Building Code

What is the lifetime cost of a 4-bed home at 32 Okahu Downs Drive, Kaitaia?

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

$3,716/mo

Devpro

$3,571/mo

Saving

$145/mo

Devpro vs Building Code — the investment case

YearIf held (savings)If sold — resale premiumIf sold — total Devpro advantage
0yr$0$68,850$68,850
5yr$21,933$87,872$132,507
10yr$47,529$112,149$209,486
20yr$144,226$182,679$444,994
30yr$238,019$297,565$736,912

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)
$52,027
Energy (70% lower, inflating)
$139,522
HVAC servicing (less run-time)
$19,932
HVAC replacements avoided
$26,539
Total 30-year savings
$238,019

Talk to us

Talk to us about building on this section

Curious about building on 32 Okahu Downs Drive, Kaitaia? Send a quick note and we'll be in touch within one business day.

About this section

<p>Build your dream home here on this 2.9 acre lifestyle section only minutes to town. Views to 90 Mile Beach and Shipwreck Bay which is a 12 minute drive. Ideal family location having enough space to have a few animals or a pony for a child. Power, phone and water to the gate. Loads of potential in a sought after location. </p><p> </p><p>Asking Price $265,000 </p><p> </p><p>Contact Carla Yates 027 483 3612 </p><p></p>

Aerial imagery

See the land from above.

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