402 Orapiu Road, Waiheke Island, Auckland

Nestled on the picturesque Waiheke Island, this expansive 167 hectare freehold property at 402 Orapiu Road is a rare gem on the market after nearly four decades. The property boasts a mix of wall and roof construction materials, built in 2010, and is situated on a steep fall with views that span over the shimmering gulf to Pearl Bay and beyond. It's part of the exclusive Te Matuku Peninsula, a conservation project lauded both locally and nationally, and boasts easy access to infrastructure, including power and a water bore, making it an ideal canvas for your dream home.

With a current Capital Value of $4.2 million, this property has seen a significant increase, reflected in the latest sale of $4.8 million in February 2024, and an AVM of $3.88 million by HouGarden. The CV has been rising at a notable pace, indicating a sound investment opportunity in this tranquil, one-of-a-kind location.

For families, the property falls within the Waiheke Primary School zone, a Full Primary with a decile rating of 7. This, combined with the rich conservation history and the potential for further development, makes it a unique proposition for those seeking a slice of New Zealand's natural beauty, while being mere minutes away from world-class vineyards and the serene Onetangi beach.

Updated on April 17, 2024