Deadline sale: Closes on Wednesday 18 March 2026 at 4:00PM (unless sold prior)
Having been held by the same ownership for over 30 years, and recently sold to the junior doctors of the practice, this purpose-built medical centre represents a rare opportunity to secure a proven commercial asset in one of the North Shore’s most tightly held and thriving town centres. Purpose-built in the 1960s, the property has operated as a medical centre since its original development.
The property offers immediate income certainty and continuity, having operated as a medical centre for over 60 years. This long-standing presence provides confidence in the strength and sustainability of the investment moving forward. The single-level building is low maintenance and benefits from favourable Town Centre zoning, offering long-term flexibility and underlying future development potential. Milford is a thriving suburban commercial precinct with consistent vehicle and pedestrian traffic seven days a week. Servicing a large and affluent residential catchment, the area also captures steady commuter flow between Takapuna and the bays. Well-supported by convenient parking and accessibility as well as comparatively modest rental levels, Milford continues to attract quality, long-term tenants.
Affordable, secure, and rarely available, this is a compelling opportunity for both seasoned and first-time commercial investors seeking a resilient investment in a premium location.
KEY FEATURES:
• Floor area - approximately 178m² (more or less)
• Net annual income - approximately $81,000 per annum plus outgoings and GST
• Long-established medical centre Tenant; operated as a medical centre since 1963
• Favourable Town Centre zoning
• First time offered to the market in over 30 years
For further details or a full information pack, please get in touch with the sole listing agents.
See this listing on Barfoot & Thompson
