347 Mahurangi East Road, Snells Beach, Rodney

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