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Far North

Karikari Peninsula

38 Akeake Crescent, Karikari Peninsula

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Karikari Peninsula · Far North

38 Akeake Crescent, Karikari Peninsula

Land Price

$98,000

$171/m²

With 2-Bed Devpro 65m²

$397,999

With 3-Bed Devpro 95m²

$497,999

With 4-Bed Devpro 122m²

$597,999

Land area

615 m²

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 146 Deposited Plan 354436

Title Area

679 m²

Easements

None identified

Mortgage

No mortgage

Encumbrances

None

Consent Notices

None

Covenants

None

1 registered instrument on title
Easement Instrument2005-12-21

Market position

Priced 26% below the Far North average.

This section$171/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 38 Akeake Crescent, Karikari Peninsula?

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

$2,849/mo

Devpro

$2,792/mo

Saving

$58/mo

Devpro vs Building Code — the investment case

YearIf held (savings)If sold — resale premiumIf sold — total Devpro advantage
0yr$0$53,820$53,820
5yr$16,720$68,689$106,624
10yr$37,104$87,667$171,665
20yr$123,376$142,800$379,826
30yr$206,744$232,607$640,679

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)
$20,752
Energy (70% lower, inflating)
$139,522
HVAC servicing (less run-time)
$19,932
HVAC replacements avoided
$26,539
Total 30-year savings
$206,744

Talk to us

Talk to us about building on this section

Curious about building on 38 Akeake Crescent, Karikari Peninsula? Send a quick note and we'll be in touch within one business day.

About this section

<p>This very sloping, sunny 615 square metre (more or less) section with a glimpse of Tokerau Beach. The property is situated, just up the hill from the beach and very close to the local shopping centre. It is also in close proximity to boat launching, Carrington Golf Course, and a number of spectacular white sand beaches. The surrounding neighbourhood is developing into an up and coming seaside settlement, with good covenants helping to ensure development is sympathetic to neighbouring properties and the surrounding environment. The section is clear, established in grass, and ready to be developed with power at the roadside with fair covenants including a maximum 4.5 metre building height restriction and a minimum 85 square metre enclosed space dwelling (excluding garage).<br /><br />Features:<br /></p> <ul><li>Sloping 615 square metre (more or less) section</li><li>Sunny elevated position</li><li>Close to shops and beach</li><li>Power and urban sewage at road side</li><li>Up and coming neighbourhood with good covenants</li></ul><br /> <p>For more information including the covenants please request an information pack.<br /><br />Vendor finance may be considered- terms and conditions may apply. <br /><br /><br />Call Leona Cameron to discuss this property.<br /><br /></p>

Aerial imagery

See the land from above.

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