A purpose-built medical premises on a high-profile corner within the Clendon Town Centre is on the market, offering investors a secure, long-term opportunity amid strengthening economic conditions and high demand for healthcare services, Bayleys brokers say.

Bayleys South Auckland investment sales director Tony Chaudhary is marketing the 2,112sqm (more or less) freehold property at 17 Palmers Road for sale by deadline, closing at 1:00 pm on Thursday, 10th April 2025 (unless sold prior).

Chaudhary says the strategically positioned site is underpinned by Business – Local Centre zoning, allowing for future redevelopment up to four levels, while the existing configuration provides immediate income from a long lease to a blue-chip medical tenant.

“The property is home to the Clendon Medical Centre, a busy and respected healthcare provider that has served the community since 1985. The centre, including subtenancies to a dentist and lab rooms, is managed by South Link Health – a reputable network that includes 26 general practice medical centres.

“A new 12-year lease to the medical centre, complemented by two subtenancies, generates a net annual income of $250,000 plus GST and outgoings, providing a stable, long-term revenue stream in the healthcare sector, where demand is consistently growing, and services remain essential.”

“The circa 690sqm facility has been consistently managed to a high standard, ensuring compliance with modern medical requirements. It features consulting rooms, treatment areas, and administrative offices. An A-grade seismic assessment provides additional confidence in the structural integrity of the premises.”

The property features extensive customer parking, comprising 36 spaces, including two designated disabled access bays, which enhances its convenience for patients and visitors.

Chaudhary says the corner property perfectly aligns with the demands of a high-growth market segment.

“As New Zealand’s population grows and ages, the need for high-quality medical services becomes more acute. Properties sustaining essential service tenants, particularly those in well-connected suburban locations, are increasingly sought after by investors looking for long-term, stable returns.”

The location within the Clendon Town Centre is highly visible and accessible. Positioned at the intersection of Roscommon and Weymouth Roads, it experiences high traffic volumes and serves a broad local catchment, including the Manurewa, Wiri, Weymouth and Wattle Downs communities.

“This is a highly strategic location, some 28km from Auckland’s CBD and 15km from Auckland’s International Airport. The property is well-served by arterial roads, public transport links and major retail amenities, including a PAK’n’SAVE supermarket, McDonald’s, Mobil, NZ Post and various specialty stores.

“Zoning categorisation which favours development is an additional buoy for the property, offering flexibility for investors and developers looking to explore future intensification opportunities, aligning with broader urban growth and investment trends in South Auckland.

“As a critical area for the region’s long-term growth strategy, the southern corridor continues to evolve, attracting a growing population and with it, increased commercial activity and significant infrastructural investment.

“Given the high-profile location and future flexibility, this property presents a distinctive opportunity to secure a blue-chip medical asset in a thriving suburban centre – offering both immediate returns and long-term upside potential.