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Papamoa Beach

53 Domain Road, Papamoa Beach, Tauranga & Surrounds

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1,241sqm Land area SQM
438sqm Floor area
18 Offstreet

Auction

(unless sold prior)

Medical opportunity knocks!


• New lease to Tend Health Networks Limited
• High profile site with 38 metre street frontage
• Standalone property with striking presentation
• Annual net rental: $180,000 +GST and OPEX

Outstanding opportunity to purchase a purpose built and established medical centre positioned on major arterial route Domain Road, Papamoa. This has now been leased to Tend Health, one of the largest primary health care providers in New Zealand, offering GP appointments in clinic and online.

The site has been developed with an architecturally designed two level health care centre with medical facilities on the ground floor and staff amenities on the first floor, as well as an external deck. The balance of the land includes a fully sealed carparking area for 18 vehicles, together with well-presented landscaped grounds.

This property provides investors with a premium investment asset in the highly sought after medical sector with a strong tenant covenant from Tend Health, Aotearoa's leading digital-first healthcare provider.

Given the overall quality and exceptional presentation of this property, together with the extremely desirable and high growth location, this is a compelling medical office complex not to be missed!

Auction
(unless sold prior)

247 Cameron Road, Tauranga

3

Apr

Time1pm
Calander
Calendar
Brendon Bradley

Brendon Bradley

Commercial Sales and Leasing

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

Craig Hilton

Commercial, Industrial and Development Sales and Leasing

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

Features

Land area breakdown


Sizeable 1,241sqm (more or less) site

Floor area details


Two level 438sqm (approximately) medical premises

Exposure


Located on major arterial route, Domain Road, Papamoa

Prime frontage


High profile site with 38 metre street frontage

Parking


Fully sealed carpark area for 18 vehicles including two (2) disability

Passing income


Annual net income of $180,000 +GST and outgoings