Back to Whakatāne, New Zealand

164 Otakiri Road, Edgecumbe, Whakatane, Bay of Plenty

Whakatāne, New Zealand

Guide Price

$649,000

1,100,000 NZD

PROPERTY TYPE

house

BEDROOMS

3

BATHROOMS

2

164 Otakiri Road, Edgecumbe, Whakatane, Bay of Plenty - Photo 2
164 Otakiri Road, Edgecumbe, Whakatane, Bay of Plenty - Photo 3
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Description

Set on 5.23 hectares of flat, fertile land, 164 Otakiri Road presents a prime opportunity to a buyer with vision to extract the most from this opportunity. Properties offering this much usable land in such a practical

location are tightly held - and this one is ready for immediate action. Just minutes from Edgecumbe and within easy reach of Whakatane, Kawerau, Rotorua and Tauranga, this is space without the sacrifice of convenience. The land is a standout: flat, versatile and recently planted in maize, with a proven history of productivity. Lifestyle, grazing, cropping or future potential - this property gives you options, and plenty of them. The substantial three bedroom home plus office is move in ready, with multiple living areas and seamless indoor outdoor flow to the swimming pool - perfect for family living and entertaining from day one. Property

highlights include: 5.23ha of flat, productive land Large three bedroom home plus office Multiple living areas with excellent flow outdoors Swimming pool for year-round lifestyle appeal Double internal access garage Two bay pole shed plus two bay lock-up shed with workshop Our vendors are highly motivated and want this property sold. Well located lifestyle properties of this scale are rarely available - early inspection is strongly recommended, as hesitation may mean missing out. Price is + Gst (if any).

Location

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Living in Whakatāne

Morning surf before work, weekends tramping through Lord-of-the-Rings landscapes, and a laid-back culture where shoes are optional and nature is never more than ten minutes away.

Visa

Skilled Migrant Category Resident Visa — points-based system requiring a skilled job offer in NZ. New pathways opening August 2026 for trades workers and those with 5+ years experience. Accredited Employer Work Visa is the faster route if you already have a job offer.

Learn more: The Complete Guide to Moving to New Zealand

Key Fact

NZ has strict biosecurity laws — importing food, plants, or outdoor gear can result in heavy fines. The work-life balance is exceptional, but the job market is small and remote from everywhere.

Learn more: What You Need to Know Before Moving Abroad
See all New Zealand listings

New Zealand at a glance

How New Zealand scores for American expats

💰Cost of Living
Expensive
🛡️Safety
Very safe
🗣️English Spoken
Widely
🏥Healthcare
Excellent
🌬️Air Quality
Clean
📶Internet
Moderate
🚶Walkability
Moderate
🚇Transit
Limited

Cost of buying in New Zealand

Estimated fees and ongoing costs for this property

Closing Costs

3-5% of purchase price

  • ·No stamp duty
  • ·Legal/conveyancing: NZ$1,500-3,000
  • ·Building inspection: NZ$500-800
  • ·LIM report: NZ$300-400

Annual Costs

Property Tax

0.3-1.5% of government valuation (varies by council)

Insurance

NZ$1,500-3,000/yr

HOA / Condo Fees

NZ$300-600/mo for apartments (body corporate)

Good to Know

Agent Fees

Seller pays (2.5-4%)

Foreign Buyer Note

Foreign buyers BANNED from existing homes (2018 ban). Can only buy new-build apartments in large developments.

Legal help in New Zealand

Hire your own attorney — not the seller's. We'll match you with a vetted local lawyer.

Need a local attorney in New Zealand?

We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer — yours.

Contact Agent

Phillip Berry - Property Brokers Ltd (Licensed: REAA 2008) - Whakatane

Next steps for moving to New Zealand

Interested in this property? Here's how to move forward.

1

Understand the buying rules

Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.

2

Sort out your visa

Owning property doesn't give you the right to live there. Research residency options before you buy.

3

Plan your finances

Understand currency risk, international wire transfers, and whether you can get a local mortgage.

4

Know your tax obligations

US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.

5

Set up healthcare

Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.

6

Run the full checklist

Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.

Source

realestate.co.nz

Portal listings

Currency

NZD