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For sale - secure medical investment, Napier

30-32 Munroe Street, Napier South

Investment Opportunities
dollar

Deadline Sale

Floor area
660m2
Land area
721m2
Title type
Freehold
On this page:

Deadline sale

Tuesday
4:00pm
03
Mar

Map

Property details

Listing # NC217698 | Listed on 19 January

Deadline Sale - closes 4pm Tuesday 3rd March, 2026.

Positioned in Napier's tightly held fringe commercial precinct, 30-32 Munroe Street presents a high-quality, two-storey medical investment underpinned by long-standing, nationally recognised tenants. The property is securely leased to The Doctors Napier, a well-established full-service medical practice operating from the site since 1990, alongside the Unichem Pharmacy, which has occupied the adjoining tenancy for more than a decade.

The buildings offer strong seismic performance and tidy clinical fit-outs, with selective upgrade opportunities available to further enhance long-term value. With lease security in place through to 2033, this is a resilient, income-focused investment within an established medical and professional services hub.

Key features:

  • Two long-term medical tenancies with strong covenant strength
  • Lease security in place through to 2033
  • Earthquake seismic ratings of 75% NBS (30 Munroe) and 90% NBS (32 Munroe)
  • Full-service medical facility including GP, physio, X-ray and specialist services
  • Regular rent reviews providing ongoing income growth

A rare opportunity to secure a cornerstone medical investment in one of Napier's most proven healthcare locations.

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