Liquidator Jessica Kellow confirmed the club was in solvent liquidation and said the official report would be out on Tuesday.
At least three other golf courses in the area have closed, relocated or downsized in the last few years as more land is sold for development or infrastructure.
Nearby Manukau Golf Course, now operating as Windross Farm, relocated to Ardmore after the land it was on was sold to Metlife in 2015.
Papakura Golf Club closed in 2011.
The Grange Golf Club in Papatoetoe has merged with Royal Auckland Golf Club, near Middlemore Hospital.
The merged club will operate on both courses, but some of the land at the Royal Auckland site has been sold to Mansons for development.
Now the Aviation Golf Club has closed, the nearest golf course to the airport is the merged Royal Auckland and The Grange club on Hospital Rd, 11km away.
Auckland Airport spokeswoman Lisa Mulitalo told the Herald in June this year that the two parties had a "strong relationship".
"The club has known for some time that we would ... need to take back part of the course for roading."