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40 Korora Road, Oneroa, Auckland, 3 Bedrooms, 0 Bathrooms, House

Sold: $3,200,000

Sold on 2024 Year 2024 Month 11 Day 16

40 Korora Road, Oneroa, Auckland

3
112m2
1773m2

Nestled at the serene northern end of the bay, 40 Korora Road, Oneroa, Auckland, is a 3-bedroom, freehold property that has been a cherished secret of the same family for nearly 40 years. Constructed with fibrous cement walls and an iron roof in 1970, this 112sqm home sits on a spacious 1773sqm section with an easy/moderate rise contour. The property boasts average wall and roof conditions, and offers privacy and tranquility with views of the bay and rural landscapes. Just 700 meters from Oneroa village, it's a short walk to amenities, or a stroll down to the white sands of Oneroa Bay via the Korora Road Reserve walking track. The capital value has seen a 36.36% increase from $3,300,000 in 2017 to $4,500,000 as of June 2021, with a HouGarden AVM estimate of $4,457,500, making it an attractive investment opportunity.

With a tranquil setting that overlooks the bay and the Valley of Tranquillity, this property is not just a home but a haven. The open-plan living/dining/kitchen area with bi-fold doors opening to the deck allows for seamless indoor-outdoor living, while the log burner ensures cozy winter nights. Whether you choose to build a new house on this near-flat site or enjoy the existing home, this property offers a rare combination of privacy, convenience, and potential.

For families with children, the school zone is another highlight. The property falls within a highly-rated decile, ensuring access to quality education. This secret haven at the top of the bay is truly a unique opportunity not to be missed.

Updated on November 18, 2024

Council Data

Last update : 2024 12 11
Improvement value$250,000Increased by 66% from year 2017
Land value$4,250,000Increased by 34% from year 2017
CV(Year 2021 Month 06)$4,500,000Increased by 36% from year 2017
DeckYes
View typeFocal Point Of view - Water
ContourEasy/Moderate rise
Land area1773m²
Floor area112m²
Decade of construction1970
TitleNA1B/670
Type of titleFreehold
Legal descriptionPT LOT 2 DP 36505 1773M2
CouncilAuckland - City
Estate descriptionFSIM,1/1,PART LOT 2 DEPOSITED PLAN 36505,1773m2
Council rates$12,724.53
2023/2024
ConditionExternal Walls: Average
Roof: Average
ZoningHauraki Gulf Islands

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Waiheke High School
3.15 km
Secondary
7-15
Government
Co-Educational
EQI: 446
7
Te Huruhi School
3.25 km
Primary
1-6
Government
Co-Educational
EQI: 426
7
Waiheke Primary School
4.27 km
Primary
1-8
Government
Co-Educational
EQI: 412
7

Property history

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For developers

Unitary plan:Hauraki Gulf Islands
Land:1773m²
Title:Freehold

Surrounding facilities

Korora Road Neighborhood and Surrounding Data

Suburbs

Data analysis - Oneroa properties data
Oneroa property trend
Year
Median price
Growth
Sales count
2024
$1,575,000
-12%
24
2023
$1,790,000
-30.8%
19
2022
$2,585,000
54.3%
30
2021
$1,675,000
41.1%
27
2020
$1,187,500
8%
48
2019
$1,100,000
-12.9%
37
2018
$1,262,500
13.5%
34
2017
$1,112,000
-14.5%
25
2016
$1,300,000
27.5%
40
2015
$1,020,000
31.6%
45
2014
$775,000
-
57

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
8 Tahatai Road, Oneroa
1.29 km
2
1
60m2
Year 2024 Month 11 Day 01
$875,000
Council approved
12B Tiri Road, Oneroa
0.68 km
3
2
-m2
Year 2024 Month 09 Day 17
$1,250,000
Council approved
8 Church Bay Road, Oneroa
1.17 km
3
1
113m2
Year 2024 Month 09 Day 03
$1,900,000
Council approved
19 Tui Street, Oneroa
1.26 km
1
2
60m2
Year 2024 Month 08 Day 15
$1,265,000
Council approved
32 Ridge Road, Oneroa
2.06 km
3
1
96m2
Year 2024 Month 06 Day 30
$1,050,000
Council approved

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