140-144 Kitchener Road, Milford

For sale by negotiation

500m² Floor Area
989m² Land Area

MILFORD - PRIMED WITH ADDED VALUE


This property has not been on the market since mid-last century, held within one family’s hands for all that time.

A prime corner site in central Milford, bounded by the main road through Milford, Kitchener Road, and Dobson Avenue. The estate is Fee Simple, comprising 989m² (more or less) of level contour. 

A single-storey building of approximately 465m² accommodates three restaurant tenancies plus a telecommunications facility at the rear of the building, returning $157,000 plus GST net per annum.

The property is zoned Business - Town Centre. An opportunity here to capitalise on the permitted building height of 18 metres. Information packs are available on request.

KEY FEATURES:
  • First time on the market since mid last century, an absolute for holding and/or developing
  • Prime corner site in Milford, a highly affluent coastal suburb on Auckland’s North Shore
  • Land area of 989m², building area of 465m² and 18 car parks
  • Established tenants returning $157,900 per annum net on favourable lease terms
  • Zoned Business - Town Centre with permitted building height of 18 metres

Property details

Location:
140-144 Kitchener Road, Milford
Land area:
989m²
Property ID:
4070659

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