29a and 29b Douglas McLean Avenue, Marewa, Napier

High calibre medical investment

A standout healthcare investment in Napier, offering exceptional security and long-term income. Anchored by a brand new 15-year lease to a national medical provider, the property returns $242,200 net + GST per annum, supported by annual CPI rent reviews with market every five years, and two 10-year renewal options that reinforce its enduring value.

Purpose-built improvements, a 70% NBS rating, and a modern medical fitout ensure strong tenant retention and future adaptability. Located in a well-established commercial precinct, this freehold asset also includes a refurbished two-bedroom apartment for future staff accommodation and is included in the commercial lease.

With healthcare investments increasingly sought after for their resilience and essential service profile, this offering presents a rare chance to secure a premium, easily managed commercial asset.

This standout investment opportunity is available via Tender, closing on Thursday 5th March, 2026 at 2pm (unless sold prior).