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 and well presented home currently occupies the site, featuring 5 bedrooms and 2 bathrooms provides a holding income (rental income estimated between $950 - $995 per week) or a practical base while progressing planning and consents, adding flexibility to any development strategy.
This location offers an incredible edge, anchored by the brand-new Waterview Primary School and rapid access to the Northwestern Motorway and Waterview Tunnel. Whether you're heading to the CBD or exploring wider Auckland, you're only minutes away. While the area benefits from ongoing transport investment, the heavy lifting is already complete, ensuring a seamless commute.
Positioned near the transformative Te Hono project in Avondale, 31 Oakley Ave is your chance to secure a stake in Auckland's visionary urban future.
This is an ideal opportunity to secure a 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).
Features
5 bedrooms
2 bathrooms
directions_car4 carspaces
2 open car spaces
directions_car2 garage spaces
crop_free1011 m² lot size
cottageHouse
Happy sellers in Waterview
70%
sentiment_satisfied
70% of sellers in Waterview reported that their sale price either exceeded or met their price expectations.
Waterview stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 11 reviews in Waterview over the last 12 months.
Local market activity for 5 bedroom houses in Waterview
Sold
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