What zoning applies to this Cable Bay 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 67,697 m² (about 6.77 hectares). The remaining buildable area after existing structures is 18,297 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.

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Cable Bay · Far North

54 Morey Road, Cable Bay

Land Price

$3,400,000

$65/m²

With 2-Bed Devpro 65m²

$3,699,999

With 3-Bed Devpro 95m²

$3,799,999

With 4-Bed Devpro 122m²

$3,899,999

Land area

6.77 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 7 Deposited Plan 539133

Title Area

1,829 m²

Easements

None identified

Mortgage

No mortgage

Encumbrances

None

Consent Notices

Yes

Covenants

None

5 registered instruments on title

Easement Instrument2025-04-24

Consent Notice2025-04-24

PSE2025-04-24

Market position

Priced 72% below the Far North average.

This section$65/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 54 Morey Road, Cable Bay?

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

$19,983/mo

Devpro

$18,207/mo

Saving

$1,775/mo

Devpro vs Building Code — the investment case

Year	If held (savings)	If sold — resale premium	If sold — total Devpro advantage
▸ 0yr	$0	$351,000	$351,000
▸ 5yr	$119,783	$447,975	$618,387
▸ 10yr	$243,229	$571,742	$919,474
▸ 20yr	$535,626	$931,307	$1,668,353
▸ 30yr	$825,119	$1,517,001	$2,543,448

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): $639,126
Energy (70% lower, inflating): $139,522
HVAC servicing (less run-time): $19,932
HVAC replacements avoided: $26,539
Total 30-year savings: $825,119

Talk to us

Talk to us about building on this section

About this section

This isn't just a lifestyle block; it's a strategic investment in one of the Far North's most desirable pockets. Boasting 6.76 hectares of Rural Living Zoned land, this property is a blank canvas for developers and land-bankers alike. The Potential: Massive subdivision opportunities-explore the density and reap the rewards. The Backdrop: Breathtaking panoramic views sweeping across Doubtless Bay and toward Taipa. The Location: Minutes from the golden sands of Cable Bay and Coopers Beach, with local amenities just around the corner. Opportunities of this scale in such a prime coastal position are rare. Call Wilfred Lewin today for further information and to unlock this development opportunity.

Aerial imagery

See the land from above.

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