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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

Key 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