What zoning applies to this Karikari Peninsula section?

This section is zoned Residential with a maximum site coverage of 35%. Zoning rules determine what you can build and how much of the site you can cover.

How big is this section?

The section is 767 m². The remaining buildable area after existing structures is 1,355 m².

Are there any natural hazards on this section?

No natural hazards are currently flagged against this section in district GIS layers. Standard geotech checks are still recommended before purchase.

What title type does this section have?

The section title type is Freehold. There is currently a registered mortgage on the title which will be discharged on settlement. The title has a registered covenant — check the conditions before purchase.

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Karikari Peninsula · Far North

48 Banyan Road, Karikari Peninsula

Land Price

$165,000

$215/m²

With 2-Bed Devpro 65m²

$464,999

With 3-Bed Devpro 95m²

$564,999

With 4-Bed Devpro 122m²

$664,999

Land area

767 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 178 Deposited Plan 385838

Title Area

1,352 m²

Easements

None identified

Mortgage

Yes — 1 active

Encumbrances

None

Consent Notices

None

Covenants

Yes

7 registered instruments on title

Mortgage2024-01-15

Discharge of Mortgage2016-02-29

Mortgage2008-03-06

Easement Instrument2008-01-23

Covenant2008-01-23

Market position

Priced 7% below the Far North average.

This section$215/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 48 Banyan Road, 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

Section price

Floor area

m²

Devpro build

= $4,098/m²

Building-code build

= $3,698/m²

Mortgage

Deposit

Term

Standard rate

Green rate (Devpro)

Devpro qualifies for green home loans (typically 1% off)

Running costs

Energy (BC, yr 1)

$/yr

Energy (Devpro, yr 1)

$/yr

Devpro uses ~70% less

Energy inflation

%/yr

HVAC replacement (today)

Heat pump + ERV supply + install

HVAC inflation

%/yr

HVAC life (BC)

Leaky envelope = HVAC works ~7× harder

HVAC life (Devpro)

Appreciation

%/yr

House+land market growth

Devpro resale premium

Realised at sale on house+land

Monthly mortgage — green-loan advantage

Building code

$3,197/mo

Devpro

$3,105/mo

Saving

$92/mo

Devpro vs Building Code — the investment case

Year	If held (savings)	If sold — resale premium	If sold — total Devpro advantage
▸ 0yr	$0	$59,850	$59,850
▸ 5yr	$18,811	$76,385	$117,008
▸ 10yr	$41,287	$97,489	$186,839
▸ 20yr	$131,741	$158,800	$405,971
▸ 30yr	$219,291	$258,668	$679,287

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): $33,299
Energy (70% lower, inflating): $139,522
HVAC servicing (less run-time): $19,932
HVAC replacements avoided: $26,539
Total 30-year savings: $219,291

Talk to us

Talk to us about building on this section

About this section

Nestled within an upmarket and developing subdivision, this 767 square metre (more or less) section provides the opportunity for someone to build their coastal dream home. This sunny north-west facing section located at the end of a cul-de-sac and has a gentle contour overlooking the manmade pond central to this subdivision. The section provides the opportunity to build your dream home in the beautiful Karikari Peninsula, near the iconic beaches including Matai Bay, Tokerau, Rangiputa and Puheke. In addition, it's within convenient proximity to retail amenities, Carrington Estate Golf Resort and Winery and boat ramps. Covenants across the subdivision protect your investment, including a maximum 8 metre building height restriction and a minimum 85m2 enclosed building space (excluding garage) - Power and phone are at the boundary along with urban sewage. For more information on the covenants, please request an information pack. Don't miss out on the opportunity to build your dream coastal home on this ideally located section. Contact Rachel Dugmore today for an information pack.

Site context

What surrounds this land.

Road frontage

0 m

AKEAKE CRESCENT, BANYAN ROAD, WHATUWHIWHI ROAD

Nearest stream

56 m

setback may apply

Nearest river

—

Nearest coast

217 m

Nearest lake

42 m

Nearest wetland

1.2 km

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 385838

Deposited 2007-03-01

Survey class

—

I is tightest, V is loosest

Survey marks near parcel

Redefinition survey

Unlikely needed

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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