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Far North

Prime Property in New Subdivision - Must See!
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Far North

Prime Property in New Subdivision - Must See!

Land Price

$360,000

$118/m²

With 2-Bed Devpro 65m²

$659,999

With 3-Bed Devpro 95m²

$759,999

With 4-Bed Devpro 122m²

$859,999

Land area

3,045 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 Prime Property in New Subdivision - Must See!?

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

$4,209/mo

Devpro

$4,015/mo

Saving

$194/mo

Devpro vs Building Code — the investment case

YearIf held (savings)If sold — resale premiumIf sold — total Devpro advantage
0yr$0$77,400$77,400
5yr$24,898$98,784$147,230
10yr$53,459$126,076$231,001
20yr$156,086$205,365$482,066
30yr$255,810$334,518$791,656

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)
$69,817
Energy (70% lower, inflating)
$139,522
HVAC servicing (less run-time)
$19,932
HVAC replacements avoided
$26,539
Total 30-year savings
$255,810

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About this section

The vendors are motivated sellers. This property, located at 13 The Lakes Drive in a new subdivision on the northern side of Waipapa Road, offers convenient commuting to both Kerikeri and Waipapa. The site, a rear lot of approximately 3045m², features an irregular shape and flat contour, ensuring excellent sunlight exposure. Access is from the western side of the Lakes Drive, with shared accessway connecting at the properties northeastern corner, extending easterly to the rear. Town services, including power and telephone, are available at the entrance to the property. This property is ideally located, you're just a short stroll from shops, cafes, a supermarket, medical centre, and a brand-new school, with all other essential amenities nearby. Kerikeri town centre is only 6km away; and for those who love the outdoors, Rainbow Falls, Waipapa Sports Grounds, the tennis club, and football club are all within easy reach. Call us now to view this exceptional opportunity.

Aerial imagery

See the land from above.

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