What zoning applies to this Far North section?

This section is zoned Residential with a maximum site coverage of 35%. Zoning rules determine what you can build and how much of the site you can cover.

Are there any natural hazards on this section?

No natural hazards are currently flagged against this section in district GIS layers. Standard geotech checks are still recommended before purchase.

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Far North

Russell Okiato Lifestyle

Land Price

$450,000

$86/m²

With 2-Bed Devpro 65m²

$749,999

With 3-Bed Devpro 95m²

$849,999

With 4-Bed Devpro 122m²

$949,999

Land area

5,218 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.

Lifetime cost · Devpro vs Building Code

What is the lifetime cost of a 4-bed home at Russell Okiato Lifestyle?

Section price pre-filled from this listing. Tweak the build, mortgage, and running-cost inputs to see the 30-year picture.

The build

Section price

Floor area

m²

Devpro build

= $4,098/m²

Building-code build

= $3,698/m²

Mortgage

Deposit

Term

Standard rate

Green rate (Devpro)

Devpro qualifies for green home loans (typically 1% off)

Running costs

Energy (BC, yr 1)

$/yr

Energy (Devpro, yr 1)

$/yr

Devpro uses ~70% less

Energy inflation

%/yr

HVAC replacement (today)

Heat pump + ERV supply + install

HVAC inflation

%/yr

HVAC life (BC)

Leaky envelope = HVAC works ~7× harder

HVAC life (Devpro)

Appreciation

%/yr

House+land market growth

Devpro resale premium

Realised at sale on house+land

Monthly mortgage — green-loan advantage

Building code

$4,676/mo

Devpro

$4,435/mo

Saving

$241/mo

Devpro vs Building Code — the investment case

Year	If held (savings)	If sold — resale premium	If sold — total Devpro advantage
▸ 0yr	$0	$85,500	$85,500
▸ 5yr	$27,707	$109,122	$161,179
▸ 10yr	$59,078	$139,270	$251,383
▸ 20yr	$167,323	$226,857	$517,186
▸ 30yr	$272,664	$369,526	$843,518

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): $86,672
Energy (70% lower, inflating): $139,522
HVAC servicing (less run-time): $19,932
HVAC replacements avoided: $26,539
Total 30-year savings: $272,664

Talk to us

Talk to us about building on this section

About this section

Convenient section in the Bay of Islands PRICE REDUCED Situated in a handy position, with a close drive to the Russell / Opua car ferry and a short drive to Russell Village. An elevated build site overlooking native bush and a small view of the water. If you enjoy walking , the bush that connects to the Russell to Opua board walk track right on your door step, you can walk to and from Russell, or catch the ferry and extend your walk all the way to Paihia and Waitangi! A blank slate to create your entry into the Bay of Islands. Great for a family syndicate holiday getaway, retreat cabin, a home away from home, bring your imagination and inspiration. Make an appointment to view

Aerial imagery

See the land from above.

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