Deadline Sale - closes 4pm Tuesday 3rd March, 2026.
Positioned in Napier's tightly held fringe commercial precinct, 30-32 Munroe Street presents a high-quality, two-storey medical investment underpinned by long-standing, nationally recognised tenants. The property is securely leased to The Doctors Napier, a well-established full-service medical practice operating from the site since 1990, alongside the Unichem Pharmacy, which has occupied the adjoining tenancy for more than a decade.
The buildings offer strong seismic performance and tidy clinical fit-outs, with selective upgrade opportunities available to further enhance long-term value. With lease security in place through to 2033, this is a resilient, income-focused investment within an established medical and professional services hub.
Key features:
• Two long-term medical tenancies with strong covenant strength
• Lease security in place through to 2033
• Earthquake seismic ratings of 75% NBS (30 Munroe) and 90% NBS (32 Munroe)
• Full-service medical facility including GP, physio, X-ray and specialist services
• Regular rent reviews providing ongoing income growth
A rare opportunity to secure a cornerstone medical investment in one of Napier's most proven healthcare locations.
