316 Blockhouse Bay Road, Avondale, Auckland

SoldJul 1, 2025

316 Blockhouse Bay Road, Avondale, Auckland

$3,300,000

283 m²

1765 m²

Other

•

1 day on the market

Sold: Jul 1, 2025

What's around 316 Blockhouse Bay Road

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.