The woman said a red Holden also pulled up and two more people got out. At that point she called the police.
Armed police closed off Raihara St at Broadway and at Memorial Drive, near the Far North District Council offices.
Meanwhile the man who reportedly pointed the gun jumped over the back fence and fled on foot towards Mangakahia Rd.
Acting Detective Senior Sergeant Mark Dalzell said police were still making inquiries and working to locate the manat edition time yesterday.
No firearm was found at the property and it was not yet clear if a gun really was involved.
Police knew the man they were looking for, he said.