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Boulcott Private Hospital

Lower Hutt

Property Summary

Asset class:

Acute hospital

Market value:

$30,700,000

Market capitalisation rate:

6.85%

WALE:

22 years

Occupancy:

100%

Major tenant:

Healthe Care

Location:

666 High St, Lower Hutt

Boulcott is a 38-bed private surgical hospital located in Lower Hutt, approximately 20 kilometres north of the Wellington CBD, servicing a catchment of approximately 145,000 people. Boulcott has three operating theatres, 29 inpatient beds, a nine-bed day surgery suite and an endoscopy unit. It is located directly adjacent to the Hutt public hospital.

Boulcott is leased to ASX listed Pulse Health Group and has approximately 45 specialist consultants and surgeons who provide services across a range of surgical specialties, including orthopaedics, ophthalmology and urology services.

Contact

Drugh Woods
New Zealand Asset Manager

+64 9 973 7304
+64 21 2404 570

dwoods@vhpt.co.nz