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Far North

Vendors motivated to sell - Present all offers
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Far North

Vendors motivated to sell - Present all offers

Land Price

$280,000

$318/m²

With 2-Bed Devpro 65m²

$579,999

With 3-Bed Devpro 95m²

$679,999

With 4-Bed Devpro 122m²

$779,999

Land area

880 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 Vendors motivated to sell - Present all offers?

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

$3,794/mo

Devpro

$3,641/mo

Saving

$152/mo

Devpro vs Building Code — the investment case

YearIf held (savings)If sold — resale premiumIf sold — total Devpro advantage
0yr$0$70,200$70,200
5yr$22,401$89,595$134,831
10yr$48,465$114,348$212,883
20yr$146,098$186,261$450,847
30yr$240,828$303,400$745,556

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)
$54,836
Energy (70% lower, inflating)
$139,522
HVAC servicing (less run-time)
$19,932
HVAC replacements avoided
$26,539
Total 30-year savings
$240,828

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About this section

Great opportunity - this section is well priced and the CV / Rateable value for this property sits at $270,000 Have you been searching for the ideal spot for your future build? Look no further - This 880 square metre (more or less) elevated section is located within a prime subdivision above Cable Bay. The section is elevated above the road and has a flat contour and building site with wide north facing sea views out over Cable Bay and across the Karikari Peninsula. Building covenants are in place to protect your investment and keep the high-quality feel of the neighbourhood. These include but are not limited to: • Building Covenants include - minimum house size of 140 square metres (excluding garages, carports and decks) and a height restriction of 6 metres • The subdivision is registered as a Kiwi Zone which restricts the keeping of ferrets, cats and dogs • There is power, water and phone connection to the boundary The site is located a short walk from the beautiful waters and golden sands of Cable Bay beach and a short drive from the Taipa and Mill Bay boat ramps. As well as being nearby local schools and the main shopping precinct in Coopers Beach which includes a Four Square, Medical Centre, Butchery, Bakery, Pharmacy and Beauty Salons. Call Hania today to request an information pack, or to meet on site and show you all this property offers.

Aerial imagery

See the land from above.

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