Description
Fully Leased Medical & Creative Corner Investment
Positioned on a high-profile corner in one of Auckland’s most tightly held city-fringe precincts, 40 College Hill presents a rare opportunity to secure a fully leased commercial investment generating $136,352 net p.a. + GST.
Underpinned by two established tenants across medical and creative sectors, the property offers a diversified income stream, strong tenant covenant, and low vacancy risk — all within a blue-chip Freemans Bay / CBD fringe location.
Opportunities of this nature on College Hill are seldom available, reinforcing the long-term appeal of this offering for investors seeking secure passive income and capital preservation.
Attributes
Media
Investment highlights
Key Features:
• Fully leased investment returning $136,352 net p.a. + GST
• Split-risk dual tenancy (medical + creative)
• Recently renewed 6-year lease to established medical operator
• High-profile corner position with strong exposure
• Seismic rating of 100% NBS
• 7 on-site car parks
• Freehold 358 sqm (more or less) site
• Approx. 292 sqm net lettable area
• Located minutes from Ponsonby and Auckland CBD
• Tightly held city-fringe commercial precinct
Dual Tenants. Prime Corner. Lasting Value. Opportunities like this are rarely available – the next may be years away.
For Sale by Deadline Sale
Closing 4pm, Wednesday 13 May 2026 (unless sold prior)
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