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Far North

Russell

Lot 1 Pukematu Lane, Russell

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Russell · Far North

Lot 1 Pukematu Lane, Russell

Land Price

$690,000

$64/m²

With 2-Bed Devpro 65m²

$989,999

With 3-Bed Devpro 95m²

$1,089,999

With 4-Bed Devpro 122m²

$1,189,999

Land area

1.08 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.

Mortgage

No mortgage

Encumbrances

None

Consent Notices

Yes

Covenants

None

4 registered instruments on title
Discharge of Mortgage2022-03-03
Mortgage2020-10-05
Consent Notice2018-12-17
Easement Instrument2018-12-17

Market position

Priced 72% below the Far North average.

This section$64/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 Lot 1 Pukematu Lane, Russell?

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

$5,921/mo

Devpro

$5,556/mo

Saving

$366/mo

Devpro vs Building Code — the investment case

YearIf held (savings)If sold — resale premiumIf sold — total Devpro advantage
0yr$0$107,100$107,100
5yr$35,198$136,690$198,376
10yr$74,059$174,454$305,736
20yr$197,286$284,168$610,840
30yr$317,610$462,880$981,817

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)
$131,617
Energy (70% lower, inflating)
$139,522
HVAC servicing (less run-time)
$19,932
HVAC replacements avoided
$26,539
Total 30-year savings
$317,610

Talk to us

Talk to us about building on this section

Curious about building on Lot 1 Pukematu Lane, Russell? Send a quick note and we'll be in touch within one business day.

About this section

<p>Right in the heart of Russell large 1.0794 ha ( approximately 2.67 acres ) natural bush site with stunning views across the village, over the harbour to Te Haumi, Paihia and towards Waitangi. <br /><br />Enjoy mesmerising evening sunsets .<br /><br />Private and sunny.<br /><br />Great access. Small subdivision with large sites.<br /><br />Located high and mighty, adjacent to a prestigious gated subdivision.<br /><br />Waiting for your dream home to be built.<br /><br />Representing great value at only $690,000.<br /><br />This one is not to be missed. Why not view today !!<br /></p>

Site context

What surrounds this land.

Road frontage

363 m

PUKEMATU LANE

Nearest stream

306 m

setback may apply

Nearest river

Nearest coast

367 m

Nearest lake

Nearest wetland

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 510449

Deposited 2017-04-05

Survey class

I is tightest, V is loosest

Survey marks near parcel

0

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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