Multi-tenanted Investment – Attractive Yield.
This freehold Milford property is an absolute winner given its location, multiple tenancies and future re-development potential. Milford is in demand from tenants and investors alike.
Situated next door to New World Supermarket this regular-shaped freehold site of 758m² (more or less) is zoned Business Town Centre allowing development up to 18 metres in height.
Offering investors a potential rental of approximately $299,000pa + OPEX and GST there are 11 tenancies including retail, hospitality and offices.
The seismic rating is 100% NBS on the retail portion and 95% NBS on the office.
Multi tenanted and offering split risk, properties like this are keenly sought after, call today for more information.
For sale by negotiation.