33 Campbell Street, Karori
34132197
GOLD STANDARD INVESTMENT OPPORTUNITY
Tommy’s Real Estate is proud to present 33 Campbell Street, Karori, for sale, by tender.
The Karori Medical Centre in Campbell Village. Nestled between Donald and Campbell Streets in the heart of Karori, Campbell Village is a premium new residential development bringing contemporary architecture and modern living to one of Wellington’s most sought-after suburbs. This thoughtfully master planned community features 142 freehold residences, each is a standalone dwelling, designed with quality, lifestyle and longevity in mind.
Located on Campbell Street, within the village, the Karori Medical Centre is a purpose built, brand new building offering a full suite of medical services including consulting rooms, office space, reception and waiting areas coupled with the specific medical requirements for plumbing, CCTV, fire and safety systems
Developed by Gibbons Co. in collaboration with leading architects Designgroup Stapleton Elliott, Campbell Village offers a diverse range of homes to suit every stage of life.
An Agreement to Lease has been executed with the new medical center taking possession upon completion.
Key terms:
• 15 year NET lease (Triple NET Lease)
• 3 x 5 year renewals
• Net income $544,000 + GST per annum plus annual contribution for the fit out (8%)
• Annual CPI increase and market rent reviews in place with hard ratchet clause.
Take advantage of the recently announced government legislation ‘Investment Boost’ allowing 20% deduction in the first year.
Investment opportunities of this nature are extremely rare so all interested parties are encouraged to make contact with the exclusive brokers below.
For sale by Closed Tender on the 19th March 2026 at 12pm. (will not be sold prior)
Please contact Nicki Cruickshank 021 380 650 or Ben Castle 021 616 220 for more information
Property Information
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