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Back 316 Blockhouse Bay Road
Off Market

316 Blockhouse Bay Road

Avondale Auckland

9
9
9
283 m²
1765 m²
Other
Last sold for $3,300,000
Banson ChongBanson Chong, last sold this property on 01 July 2025 after 0 days on market.

Overview

Investment or Development? You Decide

Here's your chance to secure a strategic landholding in a highly desirable, rapidly developing pocket of Avondale Blockhouse Bay border. Spanning a generous 1,765sqm (Mixed Housing Urban Zone) with both stormwater and wastewater onsite, this property is an exceptional proposition for astute investors and visionary developers alike. • Currently, the property features nine existing units (7 x studios, 2 x one-bedrooms) • Producing approximately $180,000 in annual rental income - giving you instant returns from day one. But the real opportunity lies in the future: • Option 1: Subdivide the existing units into 9 individual titles and sell down or hold for long-term gains. • Option 2: Build 8 freestanding homes with double garages - perfect for the growing demand for standalone family residences. • Option 3: Develop 14 terrace houses with single garages - a popular choice for modern urban living. • Option 4: Go bold with a comprehensive development of 42 walk-up apartments - maximise yield in this high-growth area. Location-wise, it's hard to beat. Just moments to Blockhouse Bay Village, LynnMall, top schools, and excellent public transport links, this is an area on the move. Whether you're looking to bank a solid income stream, unlock significant capital gains, or transform the site into a new residential community, 316 Blockhouse Bay Road offers options to suit every strategy. The future is here - will you seize it? Contact us today to secure your slice of the Blockhouse Bay story.

Features

9 bedrooms
9 bathrooms
9 carspaces
9 open car spaces
283 m² floor area
1765 m² lot size
Other

Estimated Value

We need at least 3 similar 9 bedroom other properties sold in Avondale over the last 12 months.

Property history for 316 Blockhouse Bay Road

2025
Sold
$3,300,000
Auction Sale on 01 Jul 2025 by Banson Chong, of Ray White Remuera (Megan Jaffe Real Estate Ltd)

Happy sellers in Avondale

77%
77% of sellers in Avondale reported that their sale price either exceeded or met their price expectations.

Avondale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 65 reviews in Avondale over the last 12 months.

Local market activity for 9 bedroom other properties in Avondale

Nearby agents

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Alex Wu

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Sarah Tiplady

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Mark Bryant

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Piyush Setia

Piyush Setia is a recommended agent for Avondale.  They have 5 local sales and collected 3 local reviews across the last 12 months.

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