Napier Health Centre
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