Chance to take temperature of capital’s coast
A premium, purpose-built medical facility on the rapidly developing Kāpiti Coast, 60km north of Wellington, is being offered for sale with vacant possession.
Located at 2 Presentation Way, Paraparaumu, the modern building was constructed in 2018.
It is being marketed by Dean Anderson, associate director at Colliers Paraparaumu. It is presented for mortgagee sale by tender, closing 2pm, Wednesday April 24.
The building spans approximately 640sq m on a 2411sq m freehold site with 27 onsite, sealed carparks.
Ready for immediate use, it has 11 consultation rooms, two theatre rooms, a separate office and reception areas.
“Vacant possession makes this ideal for owner-occupiers or as an investment opportunity,” Anderson says.
“There is growing demand for medical services in the area with Kāpiti being Wellington’s fastestgrowing region.
“It’s rare to see a turnkey medical facility on the market in Kāpiti.”
Anderson says national and local brand businesses are nearby, making the Presentation Way site an extremely convenient location.
Entry is through automatic glazed doors into a well-lit double-height foyer.
Interior spaces feature carpeting in the reception and offices, with vinyl flooring in most consultation rooms, theatre rooms, and amenities.
Each consultation room and the manager’s office have hand basins and heat pumps for individual climate control.
Anderson says an additional portion of the building, currently designated for office space, offers flexibility for expansion with openplan offices, separate offices, storage, toilet facilities and a kitchenette with an adjoining staff area.
Presentation Way is a newly developed cul-de-sac running parallel to Kāpiti Rd, branching off from Milne Drive.
Surrounding properties include an electrical wholesaler, Northpower office, physiotherapy clinic, a church, school and a Z Energy service station to the rear.
Nearby medical facilities such as Pacific Plus and Pacific Radiology enhance the area’s appeal for medical-related businesses.
Kāpiti Landing, a 125ha business and retail park built around the regional airport and featuring 25ha of landscaped parks, serving a primary catchment of 50,000 residents, with national occupiers like New World and Mitre 10 Mega, is also nearby.
The property is just 300m from the Kāpiti Expressway (SH1), providing easy access both north and south.