• Split risk investment returning $34,975.80pa +GST from two established tenants
• 315sqm freehold title in the heart of Milford Town Centre
• Modest rentals with no egregious final expiry dates
• Town Centre zoning (AUP) - 18m height control
As rare as it gets a freehold bite sized investment in central Milford on Auckland's North Shore, 188 Kitchener road represents an affordable commercial investment with no Body Corporate and a plethora of options for the successful purchaser to explore.
Located in the middle of Kitchener Road opposite the brand new Milford New World and NZRPGs Milford Mall the property provides a compelling investment opportunity with secure income from two long standing tenants. Milford is characterized by its beachside position and relatively high socio economic demographic. This catchment has high levels of retail and hospitality spending and are also future apartment dwellers which is a potential development option for this site.
Freehold investments in quality locations do not come this affordable so don't miss your opportunity to secure this slice of real estate.