Land area breakdown - 819sqm (more or less) site on major arterial Floor area details - 207sqm (approximately) purpose-built premises Occupancy - Strong tenant covenant - Papamoa Dental Centre Parking - 13 carparks positioned to the front of the site Passing income - Attractive $96,320 + GST & 100% Outgoings Opportunity - Quality Healthcare asset in growth location
An outstanding opportunity to secure the land and buildings comprising the established Papamoa Dental Centre complex, prominently positioned on the south-western side of major arterial route, Papamoa Beach Road.
The property has been comprehensively developed with a modern, purpose-built, single-level dental facility incorporating a range of well-appointed treatment and surgery rooms, together with staff amenities that extend to a private external deck area. The balance of the site is efficiently utilised, providing sealed on-site parking for 13 vehicles complemented by attractive, well-maintained landscaped grounds.
For investors, this property represents a high-quality investment within the tightly held and highly sought-after healthcare sector, underpinned by a strong tenant covenant from the established and proven healthcare provider, Papamoa Dental Centre.
The practice has recently been sold to The Dental Group, a privately owned New Zealand dental group partnering with dentists and specialists to buy and build high-quality, successful practices across the country with a shared ownership model.
Combining a quality purpose-built facility, excellent presentation and a strategic position within one of the Bay of Plenty's most desirable and rapidly growing coastal locations, this is an exceptional healthcare investment opportunity that must command serious investor consideration!
For more information or to view the property please contact Team Bradley, Bayleys No.1 commercial team in the Bay of Plenty.
