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Ngaruawahia

11 Galileo Street, Ngaruawahia, Waikato

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1,189sqm Land area SQM
405sqm Floor area

Prescribed for Investors


•Master leased medical centre
•A-grade rating seismic assessment
•Purpose-built healthcare facility
This purpose-built medical centre is leased to NMC No 1 Limited under a master lease structure, providing investors with a single point of tenancy.
The property is a recognised healthcare destination for the Ngaruawahia community. Occupied by an established medical practice, the improvements provide practical patient flow, covered entry, accessible facilities and generous onsite parking.
The building presents in modern condition and benefits from an A-grade seismic assessment. The current lease runs through to May 2029, with a final three-year right of renewal to May 2032.
Medical practices are built around location, patient convenience and continuity of care. For investors seeking an alternative to traditional retail or industrial investments, this offering provides exposure to the healthcare sector through a purpose-built facility occupied by an established operator. The combination of a master lease, specialised improvements, lease security and established healthcare use creates a straightforward investment supported by an essential service sector.

Auction
(unless sold prior)

1030 Victoria Street, Hamilton

30
Jul

Time2pm
Calander
Calendar
Josh Smith

Josh Smith

Commercial and Industrial Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Seismic (NBS rating)


The building is well presented & benefits from an A-grade seismic assessment.

Lease term


The current lease runs through to May 2029, with a final three-year right of renewal to May 2032.

Parking


The property benefits from generous on-site parking.

Floor area details


405 sqm floor area (approximately).

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