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Far North

Coastal Opportunity: 51 Matariki Place
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Far North

Coastal Opportunity: 51 Matariki Place

Land Price

$480,000

$392/m²

With 2-Bed Devpro 65m²

$779,999

With 3-Bed Devpro 95m²

$879,999

With 4-Bed Devpro 122m²

$979,999

Land area

1,226 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.

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Lifetime cost · Devpro vs Building Code

What is the lifetime cost of a 4-bed home at Coastal Opportunity: 51 Matariki Place?

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

$4,832/mo

Devpro

$4,575/mo

Saving

$256/mo

Devpro vs Building Code — the investment case

YearIf held (savings)If sold — resale premiumIf sold — total Devpro advantage
0yr$0$88,200$88,200
5yr$28,643$112,568$165,829
10yr$60,950$143,668$258,177
20yr$171,068$234,021$528,893
30yr$278,282$381,195$860,805

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)
$92,290
Energy (70% lower, inflating)
$139,522
HVAC servicing (less run-time)
$19,932
HVAC replacements avoided
$26,539
Total 30-year savings
$278,282

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Curious about building on Coastal Opportunity: 51 Matariki Place? Send a quick note and we'll be in touch within one business day.

About this section

Located on the stunning Karikari Peninsula, 51 Matariki Place offers a substantial coastal property defined by its exceptional views and extensive existing infrastructure. The property provides a private vantage point with exceptional views across Perihipe Bay and beyond. The generous 1,227 square metre section (more or less) includes a highly valuable asset: a private walkway with direct access to the beach, ensuring convenience for a coastal lifestyle. A major feature of this offering is the considerable infrastructure already established on the site. This includes flexible accommodation options with three cabins and one portacom. Essential utilities are in place, comprising two small water tanks, a connected power supply, and a composting toilet.

Aerial imagery

See the land from above.

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