Commercial

Medical investment on the coast

22 Ngaio Road, Waikanae

Office Building
dollar

Tender

Floor area
960m²
Land area
3049m²
Title type
Freehold

Map

Property description

Listing # 3261962|Listed on 7 August

Positioned on a prominent site in the heart of Waikanae, 22 Ngaio Road presents the opportunity to secure a premium medical investment underpinned by a longterm lease to an established healthcare provider.

Returning $280,000pa + GST net, the property offers investors secure income with fixed annual growth and a long remaining lease term, providing certainty of cash flow. Medical investments continue to be one of the most tightly held commercial asset classes due to their resilient tenant profile, high retention rates and strong investor demand.

Combined with Waikanae's growing population, excellent accessibility and the continued expansion of the Kapiti Coast.

To obtain copies of all supplementary documents please register your details at https://www.propertyfiles.co.nz/22ngaioroad

  • Long-term lease to an established medical practice
  • Next market rent review in 2028
  • High-quality passive investment opportunity
  • Net income of $280,000pa + GST
Your notesYour notes
Capital Commercial (2013) Ltd (Licensed: REAA 2008) - Bayleys, Wellington C&I

Johnny Curtis

Licensee Salesperson | Capital Commercial (2013) Ltd (Licensed: REAA 2008) - Bayleys, Wellington C&I
56 active listings
Capital Commercial (2013) Ltd (Licensed: REAA 2008) - Bayleys, Wellington C&I

Simon Butler

Capital Commercial (2013) Ltd (Licensed: REAA 2008) - Bayleys, Wellington C&I
149 active listings

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