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Act now to secure this rare investment opportunity for sale in Milford. This freehold property comprises of 2 commercial tenancies and 2 x residential apartments providing an ideal opportunity for an investor to hedge both sides of the property market.
Freehold building spans over two levels and with a land area of 261m² (more or less). With a building area of 296m², additionally, the property includes the rare advantage of four car parks conveniently located at the rear of the building, accessible via a right-of-way (ROW).
Whether you are seeking a new investment opportunity or a versatile space to make your own, this property is a must-see.
Two long-term commercial tenants occupying the ground floor and returning $98,000 + GST + Outgoings p.a. Situated on the first floor are 2 brand new 2-bedroom self contained apartments which are being sold with vacant possession, offering you the opportunity to either occupy or rent.
Features:
- Freehold site of 261m²
- Building area of 296m² (more or less)
- 4 Tenancies (2 commercial + 2 residential)
- Off street parking
- Long standing commercial occupation
- Zoned Business - Town Centre
Contact the team at NAI Harcourts today to arrange a viewing and for further Due Diligence information.
