28 Centreway Road, Orewa, Rodney

Established tenant with future flexibility

28 Centreway Road, Orewa is occupied by a long-established physiotherapy practice with over 30 years in operation and more than 10 years of occupation from the premises. Coast Physio forms part of the Geneva Healthcare group, a nationally recognised healthcare provider delivering physiotherapy, rehabilitation, and community health services across New Zealand.

The property returns $38,195.06 per annum plus GST and benefits from an existing resource consent for healthcare use, supporting the continuation of the current occupation. The lease includes CPI rent reviews in 2026, 2030 and 2032, together with a market rent review in 2028, providing clearly defined rental growth through to final expiry in 2034.

The underlying Residential - Mixed Housing Urban zoning provides longer-term flexibility for alternative residential use or redevelopment over time.

Set within the Orewa township and servicing an established residential catchment, this opportunity combines established income with future flexibility.