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Buy One or Both - Prime Orakei Land Opportunity

124 Reihana Street

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Marketed by Hamish Hargrave & Alice Gu

Buy One or Both - Prime Orakei Land Opportunity


124 Reihana Street

Orakei, Auckland

Set Date of Sale (Unless Sold Prior) at 19.05.2026 at 2:00 PM

Marketed by Hamish Hargrave & Alice Gu

A rare opportunity in the heart of Orakei, purchase either site individually or secure both 124 Reihana Street and 162 Coates Avenue together to unlock greater scale and future potential.

Positioned in one of Auckland's most prestigious coastal suburbs, this exceptional landholding in Orakei presents a rare opportunity for developers, investors, and land-bankers seeking a strategic acquisition in a high-growth location.

Set on a rectangular site, the property offers excellent scope for efficient design and future development (subject to council approval).

Key Features: • 124 Reihana: 1707 m², MHU (Mixed house urban zone) • 162 Coates Avenue: 817 m², Business-Mixed use zone • Prominent corner site spanning approximately 2,524 m² • Premium Orakei location with strong capital growth history • Ridgeline elevated position with flat rectangular corner site • Surplus to vendors' requirements - offering vacant possession • Established infrastructure and service connections available • Favourable zoning with future development potential (subject to approval) • Excellent connectivity to transport, lifestyle amenities, and the CBD

Location Highlights: • Approx. 10 minutes to Auckland CBD - convenient city commute • Approx. 2 minutes to Orakei Train Station • Easy access to Orakei Basin, Tamaki Drive and Remuera • Near Coates Ave Village cafes and shops • Short drive to Eastridge Shopping Centre

Education & Community: Zoned for highly regarded schools, including Orakei School, Selwyn College, and Baradene College, enhancing long-term desirability for families and future buyers.

Whether you're looking to develop, invest, or secure a land-bank opportunity in a blue-chip suburb, this is a rare offering in a tightly held location.

Enquire today to secure your place in one of Auckland's most desirable coastal communities.

Property Details

Suburb stats

Property ID RMU45089

Category
Multiple Properties
Status
Current
Bedrooms
4
Bathrooms
2
OSP
5
Land
2524 m²

Floor Plan

  • Floor Plan 1
  • Floor Plan 2


Local Schools

* While every effort has been made to ensure the information displayed is accurate, please check details directly with the school before making decisions based on this information.

Primary
Intermediate
Secondary
Orakei School - 640m away
Years 1-8
Co-ed
Grace Street
09 521 0657


Orakei School - 640m away
Years 1-8
Co-ed
Grace Street
09 521 0657


Baradene College - 2.0km away
Year 7-15
Girls
237 Victoria Avenue
09 524 6019


Selwyn College - 1.5km away
Year 9-15
Co-ed
Kohimarama Road
09 521 9610


Baradene College - 2.0km away
Year 7-15
Girls
237 Victoria Avenue
09 524 6019



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Make an Appointment

Send an enquiry about this property to the agent


Hamish Hargrave


Licensee Salesperson

Mobile: 021 209 2781

Phone: (09) 520 9100

Alice Gu


Licensee Salesperson

Mobile: 021 088 22550

Phone: (09) 520 9100


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Suburb Stats

Orakei


Median sale price in March 2026

$1,690,000

3% last month
27% same time as
last year

Monthly Trend

Total Sales in March 2026

120% last month
11 sales
83% same time as
last year

Monthly Sales