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Medical income plus Devonport land value

29 Anne Street, Devonport

Office Building
dollar

Deadline Sale

Floor area
150m2
Land area
581m2
Title type
Freehold
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Deadline sale

Thursday
4:00pm
10
Sep

Map

Property details

Listing # 1507451 | Listed on 5 August
  • Long-standing medical tenancy, recently renewed for a new lease term (subsidiary of Tend)
  • Standalone freehold medical investment on a 581sqm site
  • Easy walking distance to Devonport Village, the waterfront, and ferry terminal
  • Commercial income underpinned by enduring residential value

Positioned within one of the North Shore's most tightly held suburbs, 29 Anne Street presents a rare opportunity to acquire a standalone medical investment occupied by Tend. The long-standing tenant has recently committed to a new lease term, providing investors with established income from an essential healthcare use.

Beyond the current income, the property occupies a substantial freehold site in a sought-after residential setting. Assets of this nature are increasingly difficult to secure in quality locations, offering an attractive combination of immediate commercial income and long-term underlying land and residential value.

The wider location is also set to benefit from Peninsula Capital's proposed investment in Devonport town centre, including new residential, hospitality, retail, and commercial development. This significant private investment reinforces confidence in the continued evolution and long-term desirability of the village.

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