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Far North

Kaitaia

Lot 3 Okahu Downs Drive, Kaitaia

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Kaitaia · Far North

Lot 3 Okahu Downs Drive, Kaitaia

Land Price

$195,000

$39/m²

With 2-Bed Devpro 65m²

$494,999

With 3-Bed Devpro 95m²

$594,999

With 4-Bed Devpro 122m²

$694,999

Land area

4,950 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.

Title Type

Freehold · Fee Simple

Legal Description

Lot 1 Deposited Plan 160945

Title Area

2,000 m²

Easements

None identified

Mortgage

Yes — 1 active

Encumbrances

None

Consent Notices

None

Covenants

None

4 registered instruments on title
Variation of Mortgage2009-05-14
Discharge of Mortgage2002-06-17
Mortgage2002-06-17
Mortgage1999-02-08

Market position

Priced 83% below the Far North average.

This section$39/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 3 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

$3,353/mo

Devpro

$3,245/mo

Saving

$108/mo

Devpro vs Building Code — the investment case

YearIf held (savings)If sold — resale premiumIf sold — total Devpro advantage
0yr$0$62,550$62,550
5yr$19,748$79,831$121,658
10yr$43,159$101,887$193,633
20yr$135,486$165,964$417,678
30yr$224,910$270,337$696,575

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)
$38,917
Energy (70% lower, inflating)
$139,522
HVAC servicing (less run-time)
$19,932
HVAC replacements avoided
$26,539
Total 30-year savings
$224,910

Talk to us

Talk to us about building on this section

Curious about building on Lot 3 Okahu Downs Drive, Kaitaia? Send a quick note and we'll be in touch within one business day.

About this section

<p>Another REDUCTION my vendor says sell!<br />Imagine living on a small lifestyle block only minutes from town in a sought after location, which has had recent new owners move in.<br />Elevated - out of the flood zone.<br />Great house site.<br />Tar-seal road.<br />Expansive rural &amp; coastal views.<br />Stunning West Coast sunsets.<br />If you have imagined living here and that list ticks all the boxes, this is where you should be.<br />Sign the dotted line and ring a builder!</p>

Aerial imagery

See the land from above.

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