Bite sized medical investment, Eastbourne
An attractive opportunity to secure a tidy freehold investment in the heart of Eastbourne, with an established medical tenant and an accessible price point.
Occupied by The Doctors Muritai, the property benefits from a recently renewed lease, returning $62,278pa net plus GST and outgoings. The lease runs through to 30 June 2029, with one further four-year right of renewal.
Formerly a residential dwelling, the property comprises a 448sqm freehold site, approximately 130sqm of building area, and parking at the front of the property.
Positioned directly opposite Eastbourne Village, the premises benefit from a well established location close to local shops, cafes and essential services.
For investors seeking a straightforward, income-producing investment, this property is a must see.
To obtain a copy of all supplementary documents please register your interest at https://new.propertyfiles.co.nz/id/149MuritaiRoad
• Established medical premises serving Eastbourne since 1998
• Leased to The Doctors Muritai, renewed to 30 June 2029
• Freehold investment with a net return of $62,278pa + GST and outgoings
Occupied by The Doctors Muritai, the property benefits from a recently renewed lease, returning $62,278pa net plus GST and outgoings. The lease runs through to 30 June 2029, with one further four-year right of renewal.
Formerly a residential dwelling, the property comprises a 448sqm freehold site, approximately 130sqm of building area, and parking at the front of the property.
Positioned directly opposite Eastbourne Village, the premises benefit from a well established location close to local shops, cafes and essential services.
For investors seeking a straightforward, income-producing investment, this property is a must see.
To obtain a copy of all supplementary documents please register your interest at https://new.propertyfiles.co.nz/id/149MuritaiRoad
• Established medical premises serving Eastbourne since 1998
• Leased to The Doctors Muritai, renewed to 30 June 2029
• Freehold investment with a net return of $62,278pa + GST and outgoings
Key features
Passing income
$62,278pa net + GST and outgoings
Lease
Silverstream Health Centre Limited, trading as The Doctors Muritai. Renewed to 30 June 2029, with one further four-year right of renewal
Location
Directly opposite Eastbourne Village and the Rimu Street shops and cafés, with a pharmacy and bus stops nearby
