155 Kitchener Road, Milford Rare freehold investment in Milford

Available PropertyFiles:

  • /A. Record of Title and Interests/
    • Interest 10756862_1.pdf
    • Interest A44391.pdf
    • Interest A51565.pdf
    • Interest A66556.pdf
    • Interest A66557.pdf
    • Interest A67639.pdf
  • /A. Record of Title/
    • Kitchener Road 55_title_NA5C_550.pdf
  • /B. Lease Documents/
    • Deed of Lease 155 Kitchener dated 15_4_2016.pdf
    • Lease Renewal & Variation 155 Kitchener 2022.pdf
    • Rent review.docx
    • Rental Certificate 155 Kitchener Road.pdf

Property Description

• Quality entry-level freehold commercial investment
• Prominent Milford location with excellent street profile
• Established healthcare tenant returning $72,590pa

Quality freehold commercial investments in this price bracket are extremely scarce in Milford and across the North Shore. Prominently positioned on Kitchener Road, this property offers investors an affordable entry into one of Auckland's most
desirable North Shore locations, with reliable rental income and excellent street profile.

The property benefits from a long-standing optometry tenant providing an established income stream. Having been held by the current owners for 32 years, the property also features a generous rear land area accommodating 7 car parks,
offering practical utility and potential future upside.

Milford remains one of the North Shore's most tightly held commercial centres, supported by an affluent surrounding residential catchment, consistently low vacancy and strong demand for both commercial and residential property.

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Terms of Supply

The following information has been supplied to Bayleys Real Estate Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.
Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.

Contact Michael Nees

Bayleys Real Estate Limited

Licenced under the REAA 2008

+64 9 489 0963   +64 21 182 3085   michael.nees@bayleys.co.nz   All Listings

Michael is a Senior Broker at Bayleys Commercial on the North Shore. Specialising in Investment Sales, Michael has concluded in excess of $200 million of transactions of this nature and has been a top 5 Broker at Bayleys North Shore for the last 3 years.

Recognised as one of the leading Investment Sales Brokers across all agencies on the North Shore, Michael has amassed numerous accolades in his career including membership to a distinguished national group of brokers under the age of 35 to achieve specific key performance indicators.

This blend of experience and results combined with a youthful passion and enthusiasm for his work has produced an impressive track record of record prices/yields and a reputation for being able to conclude some of the most challenging transactions in the market in recent memory.

Michaels philosophy is simple, to add value to his clients transactions by any ethical means necessary. Armed with a Degree in Property Valuation and Management and a determined and tenacious nature this often involves going beyond the “extra mile” to achieve the best outcome for his valued clients.

Michael has a proud North Shore heritage being a Rangitoto College and Massey University alumni and is passionate about the future of the region.