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Medical Premises with Holding Income

27-28 Douglas McLean Avenue, Marewa

Investment Opportunities
dollar

Deadline Sale

Floor area
257m2
Land area
523m2
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Property details

Listing # 67035458 | Listed on 31 July

27-28 Douglas McLean Avenue and 1A Bedford Road is located in the heart of the busy Marewa Shopping Centre, this well-positioned medical premises offers a rare opportunity for developers and owner-occupiers to secure a strategic asset in a high-profile location.

Currently occupied by Central Medical Napier, the premises are fitted out with good quality medical rooms tailored to the tenant’s requirements. The ground floor totals 193.8m² and includes a recessed entry, reception and waiting area, nurses’ office, three treatment rooms, six consulting rooms and amenities. The first floor, comprising 63.2m², features a staff lunchroom, toilet and separate records room.

There are nine car parks (six leased) located at the rear of the property on a separate title, providing valuable onsite parking in this busy suburban retail hub.

The current lease provides holding income of $103,605 + GST per annum until 31 March 2026. With the tenant relocating to the adjacent building currently under development, the timing is ideal for those looking to occupy, develop or invest in this sought-after location.

For sale by way of Deadline Private Treaty closing 3pm, Wednesday 3 September 2025 (unless sold prior). Contact Ash or Calum for further information or to arrange a viewing.


Features:

  • Land area 523m²
  • Floor area 257m²
  • Net rental $103,605 + GST
  • 9 onsite carparks (6 leased)


More information: https://www.colliers.co.nz/p-NZL67035458

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