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Whangarei

Ridgeland Farm Estate - Parua Bay
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Whangarei

Ridgeland Farm Estate - Parua Bay

Land Price

$299,000

With 2-Bed Devpro 65m²

$598,999

With 3-Bed Devpro 95m²

$698,999

With 4-Bed Devpro 122m²

$798,999

Land area

Zone

General Residential Zone

Natural Hazards

None identified

Water

Wastewater

Stormwater

0

Lifetime cost · Devpro vs Building Code

What is the lifetime cost of a 4-bed home at Ridgeland Farm Estate - Parua Bay?

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

$3,892/mo

Devpro

$3,730/mo

Saving

$162/mo

Devpro vs Building Code — the investment case

YearIf held (savings)If sold — resale premiumIf sold — total Devpro advantage
0yr$0$71,910$71,910
5yr$22,994$91,777$137,776
10yr$49,652$117,134$217,186
20yr$148,470$190,798$458,262
30yr$244,386$310,790$756,504

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)
$58,394
Energy (70% lower, inflating)
$139,522
HVAC servicing (less run-time)
$19,932
HVAC replacements avoided
$26,539
Total 30-year savings
$244,386

Talk to us

Talk to us about building on this section

Curious about building on Ridgeland Farm Estate - Parua Bay? Send a quick note and we'll be in touch within one business day.

About this section

Stage 2 of the beautiful Ridgeland Farm Estate subdivision on Freer Lane (off Owhiwa Road) Parua Bay is now complete and titles are issued. This is an attractive opportunity, presenting a blank canvas of gentle land that will inspire all the creative thoughts, located amid the high coast country of Parua Bay. Ridgeland creates a rural living community with neighbours nearby yet not too close while still providing space for peace and privacy. Each plot boasts its own distinct charm, with prices starting from $299,000 (Lot 4). Lot 5 - 8261 m2 Lot 4 - 9782 m2 Lot 3 - 1.7510 ha Design and build to compliment the beautiful northerly aspect and natural contour and serenity of the native bush. Each site offers power to the boundary, a large build platform, fresh air, open skies, and stunning rural and bush landscapes plus a security gate is to be installed across the Lane. To top it off the covenants are minor, leaving you free to decide and actualise your very own home and lifestyle as modest or courageous as you wish. A copy of the Ridgeland covenants are available in the property file upon request, they include (in simple terms) but not limited to: No Dogs (excluding disability dogs), cats or mustelids. Nominated build platforms. Fencing rules (if running stock). Adequate waste water system rules. Development to comply with engineers report, location and foundations must be certified by an engineer as per council guidelines. No disturbing overland flow paths. Storm water attenuation rules for impervious surfaces on lots 4 & 5. Located a short 5 km drive to the Parua Bay boat ramp and tavern, 5.7 km to the Parua Bay village and when heading to Whangarei city centre you can travel via Tamaterau on the coast line or through Whareora (19 km to 21 km). Start laying the foundation of your vision today! Contact Daniel Foote for further information or to arrange a time to view.

Aerial imagery

See the land from above.

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