Pictures21

Map

48 Schoolhouse Bay Road, Kawau Island, Hauraki Gulf Islands

$399,000

3

1

2

79m²

1,214m²

One of NZ's Cheapest Island Homes!

If you're tired of the daily grind and craving an escape from city chaos, this could be your golden opportunity.

Set in the unspoilt beauty of Kawau Island, this three-bedroom, one-bathroom home sits on a generous 1,214m² lightly bushed section and offers exceptional value for buyers with vision, tools, and a sense of adventure.

Let's be clear - this home needs work.

It is not polished or perfect. This is a project property, ideal for renovators, builders, or anyone keen to roll up their sleeves and create something special. The reward? Affordable island ownership and the chance to add serious value.

The Home

• Three bedrooms (two upstairs, one downstairs - ideal for guests or a home office)

• One bathroom

• Spacious open-plan living area

• Large windows (Auckland Council sign-off) allowing great natural light

• Functional kitchen ready for modernising

• Currently tenanted on a month-to-month basis - liveable while you plan improvements

Outdoor Living

• Two wraparound decks

• Mature trees providing privacy, shade, and birdsong

• A peaceful, natural setting that truly feels a world away

Location & Lifestyle

• Short walk or approx. 3-minute drive to Schoolhouse Bay Public Wharf

• Easy access to boating, fishing, kayaking and paddleboarding

• Regular ferry services 7 days a week, up to 4 sailings daily

• Strong island community and genuine off-grid living potential (solar, rainwater, gardens)

The Numbers

• CV: $400,000

• Rates: approx. $929 per annum

• One of the most affordable island homes currently on the market in New Zealand

Finding an island property at this price point is rare. If you are searching for a diamond in the rough with character, potential, and serious upside, this is it.

This opportunity won't suit everyone, but for the right buyer, it could be life-changing.

LIM and Property File available.

Contact Debbie today to arrange further details and take the first step toward your island adventure.

Additional details

Type

House

Property ID

L34042507

Listed on

11/02/2026

Updated

11 days ago

Property insights

OneRoof estimateRating valuationProperty history

Rating valuation

OneRoof mentions

Listed for sale on OneRoof for 18 days (last updated on 11 February) and was last sold in 2025 for $320,000. Its latest rating valuation by Hauraki Gulf Islands council is $400,000 as of 2024. There are 6 3-bedroom properties for sale nearby. There are 29 properties for sale in Kawau Island.

Property data

Time On OneRoof

17 days

Type of title

Freehold

Floor area

79m²

Land area

1,214m²

About the area

Market insights

Insights for all bedroom homes in Kawau Island

Property type

All property types

Bedrooms

All

Time (yrs)

5 yrs

Home services

Mortgage Calculator

NEW

Fortnightly Repayments

Loan term

Total interest

Interest rate

Total cost

Press calculate to work out your mortgage repayments and how quickly you can pay off your loan.

Find out what you can afford Apply now

Disclaimer

Home Improvements Loan calculator

Get a house insurance quote

On your side with these great benefits

Natural disaster cover for earthquakes, natural landslips, hydrothermal activity, tsunami, natural fires, & volcanic activity.

Temporary accommodation for you, your family, and your pets if you need to be evacuated from your home.

Get replacement keys and locks if yours get lost or stolen and pay no excess.

Access to AMI HomeHub, our first-class home repairer that brings together a team of experts to take care of your home claim repairs from start to finish.

Learn about these great benefits and more

*Exclusions and limitations apply. Talk to us about these or refer to the full policy document which can be found on our website.

Kawau Island, Hauraki Gulf Islands

Kawau Island is a suburb which lies within the Territorial Authority of Auckland - Rodney, one of 75 residential suburbs which form the wider region. Kawau Island is the 30th largest suburb of Auckland - Rodney in terms of the total number of residential housing stock. Kawau Island provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1920 - 1929. The majority of the residential housing stock in the locality was constructed between 1950 - 1959. Residential housing stock in Kawau Island is made up of approximately 81% residential housing and 18% lifestyle properties.

Learn more

Advertise with OneRoof