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Listing Description

Listed: Thu, 16 May

MILFORD SHOPS - PRIME LOCATION

172-174 Kitchener Road, Milford, North Shore City, Auckland

Price by negotiation

Details

  •   178m² Floor
AttributeValue
Property use
Retail
Agency reference
4035560

Description

For sale by deadline private treaty closing 4:00pm, Wednesday 19 June 2024 (unless sold prior) Ground Floor, 129 Hurstmere Road, Takapuna

Up for sale for the first time ever, these two retail shops are occupied by long-term tenants, House of Travel and Maxwells Drycleaning, producing a combined net income of $90,540 per annum + GST. 

Milford's main strip is one of the North Shore's busiest retail hubs, comprising a wholesome blend of quality retail offerings that service the large catchment of affluent residents daily as well as capturing the constant flow of commuters between Takapuna and the bays. Shoppers enjoy excellent parking and access to a diverse range of goods and services, while Tenants enjoy modest rents compared to their counterparts which is why Milford is such a successful retail hub.

Affordable and secure, this excellent opportunity should not be overlooked by any investors. Get in touch for a full information pack.

KEY FEATURES:

  • Two shops: 69m² and 178m² (more or less)
  • Respective net annual income: $24,000 and $66,540
  • Purchase individually or together
  • Successful retail location with an exceptional customer base
  • First time on the market

Map





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Agent's details

Enquire about the property

Barfoot & Thompson North Shore Commercial, (Licensed: REAA 2008)

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