Listed: Mon, 18 Aug

Location & Potential

5 Oaklands Road, Mount Eden, Auckland City, Auckland

Enquiries over $4,500,000

6+ Beds
5 Baths
5 Living areas
360m² Floor
1115m² Land

Other Features

5 Separate toilets
2 Off-street parking

Attribute	Value
Property type	House
Parking	3 x Carports and 2 x Off Street Carparks
Agency reference	SNH32173
Broadband in the area	Fibre, ADSL, Satellite, VDSL, Wireless

Opportunities like this are rare in Mt Eden. On offer is a substantial 1115m2 (mol) freehold site, superbly positioned just steps from Mt Eden Village. Currently configured as five self-contained flats with long-term tenants, it provides an immediate and attractive income stream while you plan your next move, whether that's development, land banking, or holding for the long term.

Property Highlights:

Flat 1115m2 (mol) freehold site zoned Mixed Housing Suburban - Projected to become Mixed Housing Urban under new zoning changes
Development potential with subdivision possible (subject to council approval)
Currently returning $138,580 p.a. across five tenanted flats
Minutes walk to Mt Eden Village and Maungawhau/Mt Eden
In zone for Auckland Grammar, Epsom Girls Grammar, Mt Eden Normal School, and Auckland Normal Intermediate
Excellent public transport and motorway access with easy access to Newmarket & CBD
Close to the new Maungawhau/Mt Eden City Rail Link station opening in 2026 offering faster, more frequent connections to the CBD and wider Auckland
Owned within the same family for 50 years this property is tightly held and located in a highly sought-after street

A blue-chip location, strong holding income, and significant potential, this is a must-see for developers, investors, and land bankers alike. With demand for city-fringe land only increasing, and improved transport infrastructure set to boost the area's appeal even further, now is the time to secure a property with both immediate returns and long-term growth prospects.

Please note viewings are from the exterior only as the flats are tenanted.

Open home times

No times scheduled

Property Files

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Local Schools

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