Artist's impression of a Paragon Model Two on a section in Kaikoura — Artist's impression

Kaikōura

142 South Bay Parade

Section of 513 m², with a Paragon Model Two.

2 bed
1 bath
63 m² home
513 m² land

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.

The section

Land: Section
Size: 513 m²
Asking: Offers over $500,000
Listed: 19 December 2025

Listed by

Harcourts Kaikoura

See the listing

How it works

1 Secure the sectionWith the agency, before it sells.
2 Plans and consentReady, so the bank can see what gets built.
3 One home loanSection and home together.
4 We build and deliverBuilt in Ohoka, then trucked in and connected.

Section, home and site work

$752,500

Section: $500,000
Model Two, premium: $183,000
Site work and transport: $69,500

Use it as

RentalHoliday letMy home

Deposit 20% Interest rate 4.99% Rent a week $350 Nightly rate $353 Nights booked 40% Weeks you use it 0

	Paid off	With a mortgage
Rent, a year
Running costs
Mortgage	$0
Left a year

Return, paid off

With a mortgage, a week

Enquire about this one

Example figures. 30-year home loan. Not financial advice.

More in Kaikōura

All escapes

Escapes Artist's impression

Kaikōura

3A Seaview Sections

$752,500

Section $500,000* · Model Two $183,000 · Site $69,500

760 m²
2 bed
1 bath
63 m²

Holiday let, a year, paid off

+$27,685 3.7%

With a mortgage, 20% down

−$11,024

Artist's impression of a Paragon Freedom 90 White on a section in Kaikoura

Escapes Artist's impression

Kaikōura

42A B & C Bayview Street

$713,500

Section $349,000 · Freedom 90 White $295,000 · Site $69,500

2 bed
2 bath
89.95 m²

Holiday let, a year, paid off

+$32,154 4.5%

With a mortgage, 20% down

−$4,549

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.

142 South Bay Parade

The section

How it works

More in Kaikōura

3A Seaview Sections

42A B & C Bayview Street

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