Passive medical centre investment


347 Mahurangi East Road, Snells Beach

Asking Price NZD $5,100,000 + GST (if any)

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Passive medical centre investment | 347 Mahurangi East Road, Snells Beach | 1270375 |      X Close
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Passive medical centre investment


•Returning $277,027 net p.a. across five tenancies

•Near brand new medical centre development completed in 2019

•Underpinned by a 1,621sqm fee simple landholding

•Tenanted by established medical tenants including Kawau Bay Health, Unichem Pharmacy and Snells Dental

This near brand-new medical investment is on the market for the first time since completion in 2019.

The property is fully leased returning $277,027 p.a. from established medical based tenants including Snells Beach Medical Centre, Unichem Pharmacy, Snells Dental and a brand-new superette business. The property also includes a minority vendor underwrite of $30,760 for 2 years.

Positioned in the booming North Auckland region this property is set to capitalize on long-term perennial population growth fueling demand for essential medical services.

https://www.bayleys.co.nz/1270375

https://propertyfiles.co.nz/property/1270375

Henry Napier

Warkworth

Licensed under the REA Act 2008

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Chris Blair

Warkworth

Licensed under the REA Act 2008

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347 Mahurangi East Road, Snells Beach

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Henry Napier

Warkworth

Licensed under the REA Act 2008

View profile

Chris Blair

Warkworth

Licensed under the REA Act 2008

View profile