30-32 Munroe Street, Napier South, Napier

By Negotiation
721m2
Land Area
660m2
Floor Area

+16

+15

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Property / Commercial / Sale / 30-32 Munroe Street, Napier South, Napier

For sale - secure medical investment, Napier

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.

30-32 Munroe Street, Napier South, Napier

Web ID

NC217698

Floor area

660m2

Land area

721m2

LV

$970,000

RV

$2,800,000

By Negotiation
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Nigel Edge

Nigel Edge

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