•Pacific Radiology as tenant
•Initial lease term of 12 years
•Fixed annual rental increases
•Currently returning $293,625 per annum plus GST & outgoings
•Extensive tenant fit-out
This strong performing investment outshines for location, modernity and stable income stream.
Built in 2023 the premises is occupied by New Zealand largest radiology group, Pacific Radiology Properties Ltd, who have invested extensive capital in the building and occupied it from the outset.
Fitted with key state-of-the-art medical equipment, there is little risk of vacancy and excellent prospects for landlords, with the tenancy yielding $293,625 plus GST and outgoings pa.
Alongside the extensive number of services provided at this location, the top floor serve as the Pacific Radiology’s regional office.
Set amongst major retail operators such as Kmart, Woolworths and the soon-to-be-built Pak n Save this purpose-built facility is positioned in a key location.
Direct neighbours on this site include Caci Clinic, Mavis and Co, Go Bananas Childcare and new a dental clinic.
