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Whangarei

Otaika

Lot 3 Moorey Lane, Otaika

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Otaika · Whangarei

Lot 3 Moorey Lane, Otaika

Land Price

$465,000

$14/m²

With 2-Bed Devpro 65m²

$764,999

With 3-Bed Devpro 95m²

$864,999

With 4-Bed Devpro 122m²

$964,999

Land area

3.28 ha

Zone

Rural Production Zone

Natural Hazards

Flood Susceptible Area (DP)

Water

Not available

Wastewater

Not available

Stormwater

Not available

Title Type

Freehold · Fee Simple

Legal Description

Lot 1 Deposited Plan 514603

Title Area

1.45 ha

Easements

None identified

Mortgage

Yes — 1 active

Encumbrances

None

Consent Notices

Yes

Covenants

None

10 registered instruments on title
Discharge of Mortgage2020-10-09
Mortgage2020-10-09
Partial Discharge of Mortgage2018-03-02
Mortgage2018-03-02
Easement Instrument2018-01-30
Easement Instrument2018-01-30
Easement Instrument2018-01-30
Easement Instrument2018-01-30
Consent Notice2018-01-30
Easement Instrument2018-01-30

Market position

Priced 71% below the Whangarei average.

This section$14/m²
Whangarei · Rural Production Zone average$49/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 3 Moorey Lane, Otaika?

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

$4,754/mo

Devpro

$4,505/mo

Saving

$249/mo

Devpro vs Building Code — the investment case

YearIf held (savings)If sold — resale premiumIf sold — total Devpro advantage
0yr$0$86,850$86,850
5yr$28,175$110,845$163,504
10yr$60,014$141,469$254,780
20yr$169,195$230,439$523,039
30yr$275,473$375,360$852,162

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)
$89,481
Energy (70% lower, inflating)
$139,522
HVAC servicing (less run-time)
$19,932
HVAC replacements avoided
$26,539
Total 30-year savings
$275,473

Talk to us

Talk to us about building on this section

Curious about building on Lot 3 Moorey Lane, Otaika? Send a quick note and we'll be in touch within one business day.

About this section

<p>At offers over $465000, this is too good to miss. Call today to view! <br /><br />Positioned at the end of a no exit private lane in a quiet subdivision of 4 Lots with 3 good quality homes already built. With sought after easy contours this 3.27 ha lifestyle block offers a blank canvas for your rural retreat while just 13 km drive to the CBD. <br /><br />The proposed building site promises big sky views, and vistas of pasture and hills. The formed access gives you a head start to getting your build underway, plus there is a site plan and geotech report for the site which confirms the build site is not flood sensitive. Electricity service at the gate. The Covenants are reasonable and protect your investment. <br /><br />The Otakaranga Stream borders the North boundary providing access to water (draw off provisions included in information pack), wire boundary fences on the perimeter, and quality pastureland providing the option to have some animals. Grows good grass - imminently suitable for hay making<br /><br />Features:<br /><br /></p> <ul><li>Rural Production Zoning </li><li>Freehold title</li><li>3.2757 ha (more or less) and an undivided 1/4 share of 2998 sqm (more or less) </li><li>Sealed roads going eastward connect to State Highway 1 or westward to State Highway 14.</li><li>All levels of good Schools - Maungatapere Primary School (In Zone), Otaika Valley Primary School, Whangarei Girls High School (In Zone) and Whangarei Boys High School (In Zone)</li></ul><br /> <p>www.rwwhangarei.co.nz/WHC38604</p>

Site context

What surrounds this land.

Road frontage

87 m

MOOREY LANE, TAVINOR ROAD

Nearest stream

99 m

setback may apply

Nearest river

Nearest coast

5.1 km

Nearest lake

643 m

Nearest wetland

RMA s6 constraint if close

Rail proximity

6.1 km

Powerline proximity

531 m

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 514603

Deposited 2017-08-01

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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