455 East Tamaki Road, East Tamaki, Manukau

Long Term Leases to Medical Tenants

- 4 excellent modern units, to be sold as one, returning a total net rental of $224,448 + GST
- Combined total floor area of 680sqm
- Unit A, a Pharmacy, 170sqm, with a 12 year lease from 2012
- Unit B & C, an established Medical Centre, 350sqm, a 12 year lease from 2012
- Unit D, Dentist (planned), 160sqm with a 9 year lease from 2015

Offered to the market is a quality passive investment opportunity, built circa 2005 and consisting of 4 modern retail/commercial units with a combined floor area of 680sqm.

The offering consists of Unit A, Amarsee Pharmacy, a local business with 3 branches in Auckland; Unit B & C, operated by a general practice medical clinic (East Tamaki Healthcare) founded in 1968 with a network of 26 clinics across Auckland; and Unit D, a local dental clinic which complements the existing medical tenants and ensures customers are offered a wide range of medical services.

The property benefits from dual access with entry points off East Tamaki Road and busy Te Irirangi Drive, and is situated right next to Gull Petrol Station and Storage King. The property is a short drive from both Botany Town Centre & Botany Junction Shopping Centre, while the Southern Motorway, Manukau Institute of Technology (MIT) and Middlemore Hospital are also in close proximity.

This is truly a quality investment offering with the added benefits of multiple income streams and long term leases.