Rentals Artist's impression Oamaru, North Otago
114B Reservoir Road
$617,000
Section $350,000 · Model Three $195,000 · Site $72,000
- 1.1 ha
- 3 bed
- 1 bath
- 81 m²
Rent, a year, paid off
+$16,380 2.7%
With a mortgage, 20% down
−$15,359
Lifestyle Herbert, North Otago
Lifestyle block of 4.3 ha, with a Paragon Freedom 90 White.
Brand new
Warm, dry and built to NZS 3604. Nothing to fix.
One price
Section, home and site work, on one home loan.
Built in Ohoka
Your home is built while the section settles, then trucked in.
Low deposit
New builds sit outside the Reserve Bank deposit limits. Ask your bank.
Listed by
Harcourts Oamaru
Rentals Artist's impression Oamaru, North Otago
$617,000
Section $350,000 · Model Three $195,000 · Site $72,000
Rent, a year, paid off
+$16,380 2.7%
With a mortgage, 20% down
−$15,359
Rentals Artist's impression Kakanui, North Otago
$576,000
Section Offers over $339,000 · Model Two $165,000 · Site $72,000
Rent, a year, paid off
+$12,535 2.2%
With a mortgage, 20% down
−$17,095
Rentals Artist's impression Oamaru North, North Otago
$536,000
Section $329,000* · Model One $135,000 · Site $72,000
Rent, a year, paid off
+$9,416 1.8%
With a mortgage, 20% down
−$18,156
Sections are real listings from harcourts.net as at 27 October 2026. Where a section has no asking price, the sums use the middle price for the area (marked *). Totals add the home and $60k site work (foundations, consent, services) plus transport from Ohoka. Mortgage is one home loan at 4.99% over 30 years. A year's figures allow 2 empty weeks and a letting agent for rentals, 35% of takings for holiday-let costs, rates, $2,000 insurance and upkeep; rents and holiday figures are area estimates. Home images are artist's impressions. Not financial advice.
Handcrafted from North Canterbury. Fixed pricing, no hidden costs. Talk to Luke about your build.