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Far North

Vacant Residential Section
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Far North

Vacant Residential Section

Land Price

$95,000

$110/m²

With 2-Bed Devpro 65m²

$394,999

With 3-Bed Devpro 95m²

$494,999

With 4-Bed Devpro 122m²

$594,999

Land area

860 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 Vacant Residential Section?

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

$2,834/mo

Devpro

$2,778/mo

Saving

$56/mo

Devpro vs Building Code — the investment case

YearIf held (savings)If sold — resale premiumIf sold — total Devpro advantage
0yr$0$53,550$53,550
5yr$16,627$68,345$106,159
10yr$36,917$87,227$170,986
20yr$123,001$142,084$378,656
30yr$206,182$231,440$638,950

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)
$20,190
Energy (70% lower, inflating)
$139,522
HVAC servicing (less run-time)
$19,932
HVAC replacements avoided
$26,539
Total 30-year savings
$206,182

Talk to us

Talk to us about building on this section

Curious about building on Vacant Residential Section? Send a quick note and we'll be in touch within one business day.

About this section

Positioned at the town end of sought-after Okahu Road, this well-located flat section offers a fantastic opportunity for buyers looking to build, develop, or land bank in a prime location. Conveniently situated within walking distance to the hospital, high school, doctors, dentist, and local dairy, this property is ideal for those who value accessibility and community amenities. • Flat, well-fenced section • Cross lease half share of 860 sqm (more or less) • Located in a desirable neighbourhood • Zoned residential This section has been held by the current owners for many years, and now, with motivated vendors ready to move on, it's your chance to secure a rare slice of vacant land in this popular area. Whether you're looking to develop now or hold for future gain, opportunities like this don't come up often. Contact Keri Hokai today for more information.

Aerial imagery

See the land from above.

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