Russell · Far North
Share 2 Moturoa Island, Russell
Land Price
$1,800,000
$1/m²
With 2-Bed Devpro 65m²
$2,099,999
With 3-Bed Devpro 95m²
$2,199,999
With 4-Bed Devpro 122m²
$2,299,999
Land area
146.99 ha
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
Moturoa Island
Title Area
146.99 ha
Easements
None identified
Mortgage
No mortgage
Encumbrances
None
Consent Notices
None
Covenants
None
43 registered instruments on title
Market position
Priced 99% below the Far North average.
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 Share 2 Moturoa Island, Russell?
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
$11,681/mo
Devpro
$10,738/mo
Saving
$943/mo
Devpro vs Building Code — the investment case
| Year | If held (savings) | If sold — resale premium | If sold — total Devpro advantage |
|---|---|---|---|
| ▸ 0yr | $0 | $207,000 | $207,000 |
| ▸ 5yr | $69,843 | $264,190 | $370,410 |
| ▸ 10yr | $143,350 | $337,181 | $557,120 |
| ▸ 20yr | $335,868 | $549,232 | $1,043,991 |
| ▸ 30yr | $525,482 | $894,642 | $1,621,452 |
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)
- $339,490
- Energy (70% lower, inflating)
- $139,522
- HVAC servicing (less run-time)
- $19,932
- HVAC replacements avoided
- $26,539
- Total 30-year savings
- $525,482
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