5 Oaklands Road Mount Eden, Auckland City

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
• 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.

Contact us today to request an information pack. This rare Mt Eden landholding will not last.

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