Positioned in Waterview's tightly held 'Golden Circle', 31 Oakley Avenue offers a rare 1,011m² level site within a Mixed Housing Urban zone, combining scale, simplicity and strong development potential. Sites of this size and ease are increasingly scarce in established city fringe locations, where demand for higher-density housing continues to grow.

The flat, rectangular contour provides an efficient building platform with minimal need for retaining or complex earthworks. Early assessments indicate potential for approximately six to eight terrace homes or a larger apartment-style development, subject to council approval, making this a compelling option for developers seeking scale and efficiency. A substantial 280m² well presented home currently occupies the site, featuring 5 bedrooms and 2 bathrooms provides a strong holding income or a practical base while progressing planning and consents, adding flexibility to any development strategy.

The location is a key advantage, just moments from Waterview School and within easy reach of the Northwestern Motorway and Waterview Tunnel, providing fast access to the CBD and wider Auckland. Continued transport investment further strengthens the area's long-term appeal, but the major work has now been done.

With a current CV of $2,270,000 (2024), this is a well-positioned opportunity to secure a substantial landholding with immediate utility and significant future upside in a growth focused zoning environment.

AUCTION: 2.00pm, Thursday 21 May 2026, at 3 Pompallier Terrace, Ponsonby (Unless Sold prior).