An exceptional opportunity to secure a modern, high-quality medical investment in one of Auckland's fastest-growing residential catchments.
Completed in 2024, this medical facility is leased to Infinity HealthGroup Limited, an established healthcare operator with multiple locations. The property benefits from a 15-year lease commencing in April 2024, with two further five-year rights of renewal extending through to 2049.
Currently returning $306,773.14 net per annum + GST and outgoings, the rental income will increase to $315,976.33 net per annum from April 2027. The lease incorporates fixed 3% annual rental increases, complemented by five-yearly market rent reviews, offering investors predictable rental growth and long-term income stability.
Strategically positioned on prominent Hobsonville Road, the property benefits from excellent exposure, convenient motorway access and proximity to Westgate and NorthWest Shopping Centre. The surrounding Hobsonville and West Harbour areas continue to experience substantial residential growth, supporting ongoing demand for essential healthcare services. The medical centre operates a convenient seven-day walk-in service, complemented by an on-site pharmacy and other healthcare providers, creating an established and accessible healthcare destination.
The modern 2024 construction minimises anticipated near-term capital expenditure, making this an attractive, low-maintenance investment opportunity.
Key investment highlights:
• 15-year lease with two further five-year rights of renewal
• 3% fixed annual rental increases plus five-yearly market reviews
• Net income increasing to $315,976.33pa from April 2027
• Modern 2024-built medical facility with ten (10) allocated car parks
• Strategic high-growth Hobsonville location with excellent accessibility
A compelling opportunity to acquire a modern healthcare investment offering secure passive income, built-in rental growth and long-term investment fundamentals.