Prime healthcare investment with long-term income
Bayleys Hawke's Bay presents an opportunity to secure a high-quality healthcare investment at 29A and 29B Douglas McLean Avenue, Napier.
Leased to Central Medical Napier Limited and guaranteed by Omni Health Limited, the property benefits from a 15-year lease commencing December 2025, together with two further 10-year rights of renewal.
The net rental is $251,197.73 + GST per annum effective 6 December 2026, with annual CPI reviews and five-yearly market reviews providing ongoing income growth.
Purpose-built for healthcare services, the property comprises a modern medical facility, refurbished two-bedroom apartment, and 70% NBS seismic rating. The tenant pays all outgoings, creating a highly passive investment structure.
Healthcare property continues to attract strong investor demand due to the essential nature of medical services, long-term tenant retention, and the sector's proven ability to provide stable income through changing economic conditions.
With a nationally recognised healthcare covenant and a potential lease term extending through to 2060, this represents a compelling opportunity to acquire a premium healthcare investment in a tightly held asset class.
For further information or access to the property documentation, contact Matt Webb from Bayleys Commercial.
The Deadline Sale closes at 4pm, Thursday 26 November 2026 (unless sold prior).
Leased to Central Medical Napier Limited and guaranteed by Omni Health Limited, the property benefits from a 15-year lease commencing December 2025, together with two further 10-year rights of renewal.
The net rental is $251,197.73 + GST per annum effective 6 December 2026, with annual CPI reviews and five-yearly market reviews providing ongoing income growth.
Purpose-built for healthcare services, the property comprises a modern medical facility, refurbished two-bedroom apartment, and 70% NBS seismic rating. The tenant pays all outgoings, creating a highly passive investment structure.
Healthcare property continues to attract strong investor demand due to the essential nature of medical services, long-term tenant retention, and the sector's proven ability to provide stable income through changing economic conditions.
With a nationally recognised healthcare covenant and a potential lease term extending through to 2060, this represents a compelling opportunity to acquire a premium healthcare investment in a tightly held asset class.
For further information or access to the property documentation, contact Matt Webb from Bayleys Commercial.
The Deadline Sale closes at 4pm, Thursday 26 November 2026 (unless sold prior).
Key features
Location
Located in a well-established commercial precinct, less than 1km from Napier's CBD
Lease
Brand new 15-year lease to a national medical provider
Opportunity
Returning $242,200 net + GST pa
