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Otaki

72 Te Rauparaha Street, Otaki, Kāpiti Coast

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301sqm Land area SQM
250sqm Floor area

Healthcare investment with new lease


Positioned on a high-profile corner site in the heart of Otaki, 72 Te Rauparaha Street presents an outstanding opportunity to acquire an affordable, fully leased investment anchored by a new long-term lease to an established healthcare provider.

Delivering secure, passive income, the investment is underpinned by a five-year lease incorporating annual 3% rental increases and rights of renewal, providing both income certainty and future growth. The premises have been refurbished to a high standard and has excellent exposure within Otaki's main commercial area.

Healthcare-tenanted investments of this calibre and price point are tightly held, call us today for details.

To obtain copies of all supplementary documents please register your details at https://www.propertyfiles.co.nz/72terauparahastreet

• Freehold corner site with excellent profile
• Net income of $61,231pa + GST + outgoings
• Annual 3% fixed rental growth on a five year lease

Tender

Level 14, 36 Brandon Street, Wellington

9
Sep

Time4pm
Calander
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Simon Butler

Simon Butler

Commercial and Industrial Sales and Leasing

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

Johnny Curtis

Commercial and Retail Sales and Leasing

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

Features

Location


Freehold corner site with excellent profile

Opportunity


Net income of $61,231pa + GST + outgoings

Growth


Annual 3% fixed rental growth on a five year lease

Available


Healthcare-tenanted investment

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