A rare slice of untouched beachfront land is for sale in the Coromandel.
The 40ha Matapaua Bay property in Opito Bay has sea views towards Whitianga and Hot Water Beach and its own sheltered bays visited by passing yachts.
Thirty-five minutes north of Whitianga and three hours from Auckland, it has been valued by the council at $4.85 million - the price of almost five Auckland homes at the city's average price.
The property comes with consent to subdivide it into up to 14 residential homes, and 2km of concreted roads and power and electricity infrastructure for each of the future homes.