Listing #:1705287538

Milford Freehold Investment - Call for price

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Location: 145-147 Kitchener Road, Milford, North Shore City, Auckland
Property use: Retail
Floor area: 775m2
Price: Price by negotiatio­n
Milford is in demand from tenants and investors alike. This freehold Milford property is for sale and is an absolute winner given its location, multiple tenancies and possible medium-term re-development potential. This is the one you have been waiting for, to add to your portfolio or start as you mean to finish.

Occupying a regular-shaped freehold land area of 758m² (more or less) and current net income of $262,525 plus OPEX and GST. Recent income from 11 tenancies was some $280,000 plus OPEX and GST (including one vacancy).

The property is built as two separate developments; one retail mall complex and the other as a commercial office block and hospitality. The IEP seismic report is favourable with 100% NBS on the retail portion and 95% NBS on the office.

For sale by negotiation - Call for price.

To download property files please copy and paste this link into your browser: http://www.propertyfiles.co.nz/property/NSC27829

Agency reference #: NSC27829
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Price by negotiation
145-147 Kitchener Road, Milford, North Shore City, Auckland
Price by negotiation
Listed: Fri 20 Jul, 12:05 pm
Rob Meister
NAI Harcourts - Cooper & Co Real Estate, (Licensed: REAA 2008)
  • Contact details
  •  (021) 900801
  •  (09) 4869260

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Agent's details

Rob Meister
  •  (021) 900801
  •  (09) 4869260
Andrew Bruce
  •  (027) 4985852
  •  (09) 4869205
NAI Harcourts - Cooper & Co Real Estate, (Licensed: REAA 2008)
(09) 4869250
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Expires: Tue 8 Jan, 7:57 am
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