29a and 29b Douglas McLean Avenue, Marewa, Napier

High calibre medical investment

Bayleys Hawke's Bay presents a rare opportunity to secure a high‑calibre healthcare investment at 29a and 29b Douglas McLean Avenue in one of Napier's established commercial precincts.

Anchored by a brand‑new 15‑year lease to Central Medical Napier and guaranteed by Omni Health Limited, the property delivers long‑term income security supported by annual CPI rent reviews and market reviews every five years.
Along with two further 10‑year renewal options, the tenancy structure provides exceptional durability and confidence for investors seeking stable, essential‑service‑based returns.

Purpose‑built improvements, a modern medical fit out, and a 70% NBS rating underpin strong tenant retention and future adaptability.
The offering also includes a refurbished two‑bedroom apartment incorporated within the commercial lease, providing additional utility for staff accommodation.
With healthcare assets continuing to demonstrate resilience and sustained demand, this property stands out as a premium, easily managed investment opportunity.

Tenders close on Thursday 5th March at 2pm and can be submitted at the Napier Bayleys office at 180 Dalton Street, Napier.
This opportunity is also ‘unless sold prior', so do not hesitate to contact me with regards to any aspect of this document or to arrange a viewing of the property