Property listing ID: 4098552
Held by the same ownership for over 30 years, this purpose-built medical centre represents a rare opportunity to secure a proven commercial asset in one of the North Shore’s most tightly held and thriving town centres. Purpose-built in the 1960s, the property has operated as a medical centre since its original development. Offering a new owner immediate and reliable income security and a single-level building that is low maintenance and underpinned by favourable Town Centre zoning, creating long-term flexibility and underlying future development potential. Milford is one of Auckland's most thriving suburban commercial precincts with consistent vehicle and pedestrian traffic seven days a week. Servicing a large and affluent residential catchment, the area also captures steady commuter flow between Takapuna and the bays. Well-supported by convenient parking and accessibility and arguably very modest rental levels, Milford continues to attract quality, long-term tenants. Affordable, secure, and rarely available, this is a compelling opportunity for both seasoned and first-time commercial investors seeking a resilient investment in a premium location. For further details or a full information pack, please get in touch anytime. KEY FEATURES: • Floor area - 178m² (more or less) • Net annual income - approximately $87,402 per annum plus GST • Long-established medical use since the 1960's • Favourable Town Centre zoning • First time offered to the market in over 30 years
Listed by Barfoot & Thompson , Jeevan Concisom (North Shore Commercial) , Nick Brown (North Shore Commercial)