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Milford

47 Nile Road, Milford, North Shore

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226sqm Floor area
688sqm Land area SQM

Auction

(unless sold prior)

Unique Add Value Opportunity


- Full occupancy - two retail shops and residential accommodation
- Freehold site of approx. 688sqm
- Total net rental $56,200pa + GST and outgoings
- Potential future development in popular location
- Motivated vendor retires
- Seismic grade "B"

The property is well positioned within the popular suburb of Milford North Shore. The front portion of the building comprises two retail tenancies a Thai Takeaway and long established Superette with a three bedroom residential accommodation adjoined to the rear of the building.

An excellent opportunity for an investor entering the commercial market for the first time or investor looking to add to their existing portfolio or a developer looking for a new project in the future.
The zone is Neighbourhood Centre Zone which allows up to a three storey development under the Auckland Unitary Plan.

The vendor has owned the property for fifteen years and is now motivated to sell it on.
Call now the sole marketing agents for further information.
We have open home on Saturday (2pm - 3pm).

For Sale by Auction (unless sold prior)
11am, Wednesday 28th June 2017
Bayleys House, 30 Gaunt Street, Auckland CBD

Auction
(unless sold prior)

Bayleys House, 30 Gaunt Street, Auckland

28

Jun

Time11am
Calander
Calendar
Terry Kim

Terry Kim


Commercial North Shore Ltd, Bayleys,
Licensed under the REA Act 2008
Ranjan Unka

Ranjan Unka


Commercial North Shore Ltd, Bayleys,
Licensed under the REA Act 2008
Eddie Zhong

Eddie Zhong


Commercial North Shore Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Floor Area


Retail approx. 132sqm and Residential approx. 92sqm

Invest


Commercial and Residential

Land Area


688sqm (more or less)

Open Home


2:00pm-3:00pm, Saturday, 27 May and 3/10/17/24 June

Seismic grade


"B"

Zoning


Neighbourhood Centre Zone - up to 3 storey high