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Waikanae

22 Ngaio Road, Waikanae, Kāpiti Coast

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3,049sqm Land area SQM
960sqm Floor area

Medical investment on the coast


Positioned on a prominent site in the heart of Waikanae, 22 Ngaio Road presents the opportunity to secure a premium medical investment underpinned by a longterm lease to an established healthcare provider.

Returning $280,000pa + GST net, the property offers investors secure income with fixed annual growth and a long remaining lease term, providing certainty of cash flow. Medical investments continue to be one of the most tightly held commercial asset classes due to their resilient tenant profile, high retention rates and strong investor demand.

Combined with Waikanae's growing population, excellent accessibility and the continued expansion of the Kapiti Coast.

To obtain copies of all supplementary documents please register your details at https://www.propertyfiles.co.nz/22ngaioroad

• Long-term lease to an established medical practice
• Next market rent review in 2028
• High-quality passive investment opportunity
• Net income of $280,000pa + GST

Tender

Level 14, 36 Brandon Street, Wellington

9
Sep

Time4pm
Calander
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Johnny Curtis

Johnny Curtis

Commercial and Retail Sales and Leasing

Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Simon Butler

Simon Butler

Commercial and Industrial Sales and Leasing

Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Lease


Long-term lease to an established medical practice

Rent review


Next market rent review in 2028

Opportunity


High-quality passive investment opportunity

Lease


Net income of $280,000 + GST per annum

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