• A tenanted medical investment with multiple future opportunities
• High-profile corner site in an aspirational East Auckland precinct
• Returning $74,775pa + GST and OPEX with increase due 1 November 2025
• Favourable THAB zoning provides underlying land value and development options

Located within the sought-after suburb of Meadowbank, this strategic property, which the current owners have held for almost 40 years, is now offered to the market for sale.

Existing improvements include an established and well-presented medical centre with excellent off-street parking on the corner of Blackett Cres and the main arterial of St Johns Road. This location is very close to multiple amenities and commercial hubs, including the nearby Meadowbank Shopping Centre.

Underpinned by a well-structured lease to a medical tenancy and underlying THAB zoning, this corner site property offers multiple positive attributes and will appeal to a range of buyers, including investors, future developers, occupiers, and land bankers.

A rental increase is due 1/11/2025, with final details to be confirmed.

This location provides ease of access to a range of surrounding precincts, including Remuera, Stonefield’s, Glen Innes, Lunn Ave, Auckland's Eastern Bays and is served by various transport options and ease of access to the motorway system.

For sale by deadline private treaty closing Wednesday 29th October 2025, unless sold prior.

Contact the sole agents now for further information on this exciting and rare opportunity.

Mike Adams 021 977527
mike.adams@bayleys.co.nz

Harry Cheng 021 230 6877
harry.cheng@bayleys.co.nz

All viewings are strictly by appointment.