Rarely are properties of this calibre offered to the market in Milford. Featuring a longstanding vet clinic on a long term lease which has been in occupation at this property for over 24 years, and a modern 3 bedroom, 2 bathroom first-floor apartment with 2 car parks, this is a mixed-use investment that demands serious consideration.
The popular veterinary clinic which is an essential service and fully operational over lockdown has recently been purchased by Animates Holdings Ltd - New Zealand’s leading pet retail store. They are committed to a long term lease with a net commencement rent of $108,680 pa over net lettable area of 866.5m² + seven car parks, showing excellent long term upside.
Inspections are strictly by appointment only. Call either of the Sole Agents now to register your interest or to arrange a viewing.
*Boundary lines are indicative only.
The modern, first-floor apartment has been tastefully renovated in 2016 and features three well-proportioned bedrooms and two quality bathrooms. The rental for the apartment has been independently appraised at $43,940 pa (March 2021), however, will be settled as vacant possession.
Centrally located on a 1,146m² fee simple title accessed from Shakespeare Road, the property is only a 3 minute walk to the Milford Shops and a short 15 minute stroll to Milford Beach. Other amenities such as North Shore Hospital, Smales Farm, Takapuna CBD, Takapuna Beach, Wairau Park are all in close proximity and Auckland’s CBD Is a short 12 minute drive away (off-peak).
DEADLINE PRIVATE TREATY 3RD NOV 2021 16:00 (UNLESS SOLD PRIOR)