- Three neighbouring deceased estates in Oneroa, Waiheke Island, have hit the market within seven days of each other.
- The properties have a combined RV of almost $5m and are expected to attract strong interest.
- One of the listing agents says deceased estates tend to sell quickly.
Three neighbouring deceased estates on Waiheke Island have hit the market within seven days of each other. All are in the prized beach suburb of Oneroa, and together they boast an RV of almost $5 million.
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The agents representing one of the estates told OneRoof that buyers were already circling, noting busy open homes and a good level of enquiry.
The homes up for grabs include a three-bedroom bright blue bach at 2 Coromandel Road; a tidy two-bedroom cottage at 117 Queens Drive; and a three-bedroom do-up at 5 Burrell Road Extension.
The deceased estate at 2 Coromandel Road, which has an RV of $2.1m, is listed with Helen and Harry Howe, of H & H Real Estate. The 118sqm house sits on a 809sqm section overlooking the Hauraki Gulf. It has been owned by three generations of the same family.
The Coromandel Road house overlooks the Hauraki Gulf. Photo / Supplied
Muz Smith told OneRoof that his grandmother and his parents had made the house their home when they were alive. He remembers spending time there with his family and his two younger brothers. “My mum and dad passed away last year, so it’s time for us three boys to let it go,” he said.
Smith said his dad was a builder and had kept the home in good condition.
Helen Howe told OneRoof a range of buyers had shown interest in the property, including locals looking to move to a better location. “Some will want to do some minor modifications to the property and then build something new, like the neighbours have done.”
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She said the property was on a level site and easy to access, which appealed to older buyers. “This one has good bones and is in a fantastic location, so we’re positive about the outcome.”
The deceased estate at 117 Queens Drive is listed with Bayleys agents Florencia Pillado and Jacob Heatley-Adams and has an RV of $1.26m. Although it sits on 1090sqm of land, the two-bedroom, one-bathroom home is only 53sqm in size. Unlike the other two deceased estate homes, the interior has been modernised and is listed with the tagline: “Country charm meets modern chic”.
Sales records also show it last changed hands in 2021 for $1.08m. OneRoof reached out to the agents for comment but had not heard back at the time of publication.
OneRoof also reached out to the listing agents for 5 Burrell Road Extension, Barfoot & Thompson’s David Dowse and Howard Gee, but they declined to comment on the sale.
A two-bedroom bach at 117 Queens Drive, in Oneroa, has been pitched as "country charm meets modern chic". Photo / Supplied
The agents for 5 Burrell Road Extension are calling on buyers to bring their hammers and nails, and an architect. Photo / Supplied
The three-bedroom, two-bathroom home sits on 1642sqm of land and is for sale by auction on April 30. “Bring your hammer, nails, and call your architect,” the listing on OneRoof said.
“Whether you choose to take on board a complete renovation or embark on the journey of building a new home, the choice is yours.”
Deceased estates aren’t all that unusual on Waiheke - the island does have a high number of legacy baches - but to have three on the market at the same time in the same suburb is odd.
Howe, who has sold a few in her time, said they usually found a buyer quite quickly unless there were structural issues.
A three-bedroom character home at 4 Grotto Street, in Auckland's Onehunga, is being sold as a deceased estate. Photo / Supplied
Barfoot & Thompson agent Catherine Henderson said in her experience, deceased estates tended to attract more buyer interest than other homes. “The buyers know that we have to sell,” she said.
Henderson is selling a deceased estate at 4 Grotto Street, in Auckland’s Onehunga, with her colleague Lindsay Hooke. She said the three-bedroom colonial-style home was one of several built more than 100 years ago by bricklayer William Kemp, who did his apprenticeship at the Tower of London.
After emigrating to New Zealand, Kemp was involved in the construction of Auckland’s Shortland Street Post Office and Onehunga’s Church of the Assumption.
Henderson said young first-time buyers had shown interest in the property, which the late owners bought in the 1970s. “They appreciate the character and want to do some work.”
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