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Far North

Kaitaia

Lot 2 Subdivision of Lot 5, Okahu Downs Drive, KAITAIA

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Kaitaia · Far North

Lot 2 Subdivision of Lot 5, Okahu Downs Drive, KAITAIA

Land Price

Negotiation

Land area

5,770 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 Lot 2 Subdivision of Lot 5, Okahu Downs Drive, KAITAIA?

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

$4,157/mo

Devpro

$3,968/mo

Saving

$189/mo

Devpro vs Building Code — the investment case

YearIf held (savings)If sold — resale premiumIf sold — total Devpro advantage
0yr$0$76,500$76,500
5yr$24,586$97,635$145,680
10yr$52,835$124,610$228,736
20yr$154,838$202,977$478,163
30yr$253,937$330,628$785,893

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)
$67,945
Energy (70% lower, inflating)
$139,522
HVAC servicing (less run-time)
$19,932
HVAC replacements avoided
$26,539
Total 30-year savings
$253,937

Talk to us

Talk to us about building on this section

Curious about building on Lot 2 Subdivision of Lot 5, Okahu Downs Drive, KAITAIA? Send a quick note and we'll be in touch within one business day.

About this section

<p>Nestled amongst quality homes in the desirable Okahu Downs subdivision in one of Kaitaia's sought after locations, these two sections are awaiting title issue. </p><p>Lot 1 is approximately 6350 square metres sloping site with a small pond on the site nestled into the side of a hill with views towards the west coast. </p><p> </p><p>Lot 2 is approximately 5770 square metres with a house site sitting high on a reasonably flat building platform on the ridge with extensive views. </p><p>Both sites have driveways and building covenants to align with the integrity of the existing neighbourhood. Okahu Downs is only a few minutes' drive to town and offers a convenient location and the peace of rural living. Don't delay secure now to lock in your future. Contact Keri Hokai for more information. </p><p></p>

Aerial imagery

See the land from above.

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