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Keri Keri The Macadamia Estate Kaikohe
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Northland
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Kerikeri / Kaikohe
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'The Macadamia Estate' Lifestyle Residential
Subdivision Development,
Here's a great opportunity to invest in the development of lifestyle residential sections in an area that is considered one of the most beautiful in New Zealand.
Kerikeri is in the far north of New Zealand with a warmer climate than most of the rest of New Zealand, hence there is an ongoing demand from those wishing to live in slightly warmer climates.
For sale are 12 lots of around 4 hectares each to be developed in 4 Phases (shown in colours on the map below)
 
Features:
Flat contour.
The development includes a variety of lot sizes from around 4 hectare upwards, with some lots containing income producing macadamia tress, while others contain pristine bushland.
All lots will be fully serviced with power and telecommunications.
Roading and services are currently in place to some of the major lots.
Most sections in the development have a flat contour and are in grass or trees.
Price: $ 1,500,000
| This property pays a 7% return on the Purchase Price of the land, for a period of 2 years, during the Subdivision and Build process. |
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After 2 years it is expected that the subdivision is complete and partially sold off to repay development costs, or buildings have been erected and will provide ongoing income.
Build options:
These sections allow for your choice of house design.
An example of housing available from around NZ $200,000 + are these houses from Milestone Homes
www.milestonehomes.co.nz
 
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| Section Type: |
Rural |
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| Development Type: |
Lifestyle Residential Sub Division |
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| Development Size: |
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| Address |
Horeke Rd
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| Size: |
4 hectare each lot
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| Price: $ |
1.5 mil + GST |
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| Valuation: |
3.6 mil (completed)
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| Profit Potential |
Estimates Only |
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| Finished Sale Price |
12 x $300k |
$ 3.6 mil |
| Selling Costs |
Agent fees, lawyers etc (total 5%) |
$ 180k |
| Initial purchase price |
Land, plans and consents |
$ 1.5 mil |
| Development costs |
Development Cost
$300k to complete
Reserve contribution
12x $15k =$180k
finance 2 years $2 mil @9%
(development and resale time)
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$ 480k
$ 360k |
| Management |
Northcorp can manage this project for you. |
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Estimated Profit |
$ 1 mil |
| Contact Details |
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| Name |
Daryo or Peter |
| Company |
Darius Group |
| Phone - Landline |
+64 9 447 1641 |
| Phone - Mobile |
Daryo +64 27 524 1931 Peter +64 274 711191 |
| Fax |
+64 9 447 1642 |
| Web Site |
www.dariusrealestate.com |
Note: email addresses available by placing an "enquiry" (top right of menu)
QV Demographic report
(may take a minute to compile)
https://www.qv.co.nz/Reports/report.aspx?QPID=2064218&ID=2064218&ReportType=DP
Click on "Property Summary" (Bottom of left menu) of the QV page for more property details and map (click "Check property location on map" just under the address)
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Related sites
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Location
Click on map to zoom on "Live Map"
Click the "Hybrid" button on the "Live map" for satellite photo.
(Note: Photos depend on Zoom level - Click "Map" button to restore Streets)
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For Google Street View Click Here
SGR24RTG
/GOTXDW49
Click pictures to enlarge
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NZ $1,500,000.00
Excl GST
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