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Napier Health Centre

Napier

Property Summary
As at 30 Jun, 2016

Asset class:

Medical office building

Market value:

$11,150,000

Market capitalisation rate:

9.1%

WALE:

3.5 years

Occupancy:

100%

Major tenant:

Hawke's Bay District Health Board

Location:

76 Wellesley Road, Napier

The Napier Health Centre is the first comprehensive ambulatory facility in the Hawke's Bay and provides day-patient and outpatient services to the population of Napier and its surrounding community.

Services provided include 24-hour urgent medical, laboratory, radiology (x-ray), minor surgeries, physiotherapy, occupational therapy and speech-language therapy and low-risk maternity care, with facilities for birthing and post-natal stays.

The facility was purpose built for the Hawke's Bay District Health Board in 1999 and is subject to a head lease to the Hawke's Bay District Health Board. The facility has been constructed on a large corner site on the fringe of Napier's CBD.

 

 

Contact

Drugh Woods
New Zealand Asset Manager

+64 9 973 7304
+64 21 2404 570

dwoods@vhpt.co.nz