Deadline sale: Closes on Thursday 17 September 2026 at 2:00PM (unless sold prior)
• Fully leased to Tend Health Limited, returning $341,250 net per annum
• 750m² character property in a premium location
• 3% fixed annual rental increases with ratchet protection
• 16 on-site car parks and a favourable seismic rating
An outstanding opportunity to secure a prime, healthcare-anchored commercial asset in one of Auckland’s most tightly held city fringe precincts. Comprising approximately 750m² of ground floor character space refurbished to a high-quality standard, the property commands an accessible, customer-facing position minutes from the CBD, Newmarket, and key motorway arterials.
The asset offers exceptional income security and long-term capital preservation, underpinned by an institutional-grade net lease structure to Tend Health Limited with 100% of OPEX recoverable. Investors benefit from locked-in 3.0% fixed annual compounding growth alongside upward-only market reviews. The incorporated hard ratchet mechanism ensures rental returns can never decrease, effectively hedging against inflation while shielding cash flows against broader market volatility.
Tend is an established, high-growth primary healthcare provider delivering a resilient, recession-resistant tenant covenant. Supported by 16 on-site car parks, Business – Mixed Use zoning, and a favourable seismic profile, this is a turnkey, bottom-drawer passive investment designed for investors seeking predictable yield and robust downside protection.
Make contact today for further details and to arrange an inspection!
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