Commercial

Exceptional health sector investment opportunity

406-410 King Street North, Hastings

Office Building
dollar

Deadline Sale

Floor area
3973m²
Land area
7651m²
Title type
Freehold

Map

Property description

Listing # 2803384|Listed on 6 August

One of New Zealand’s largest independent healthcare providers, an enviable tenant covenant with a 20-year lease (commenced April 2026), additional rights of renewal and market rent reviews, and annual fixed rental uplift of 2.5% p.a.

Hastings Health Centre Limited is one of the largest primary and urgent care providers in New Zealand, operating general practice, urgent care, specialist consulting, radiology, pharmacy, and allied health services. A showcase award-winning purpose-built modern healthcare facility occupying a prime CBD corner location make this an investment fit for any long-term investment portfolio.

Constructed in 2019 to exacting standards, this three-level facility provides a 3,973sqm gross floor area (plus 205sqm canopy) on a freehold corner site of 7,651sqm. A fully sealed carpark offering 131 marked carparks with three accesses to the site is complemented with attractive landscaping thoughtfully designed for amenity and function.

Purchase a significant shareholding in the holding company which owns this A-grade asset to boost your portfolio in one of New Zealand’s most sought-after investment sectors in one of New Zealand strongest regions.

Further information available upon request and completion of NDA.

Your notesYour notes
Eastern Realty Ltd (Licensed: REAA 2008) - Bayleys, Havelock North

Richard Wilson

Eastern Realty Ltd (Licensed: REAA 2008) - Bayleys, Havelock North
10 active listings
Eastern Realty Ltd (Licensed: REAA 2008) - Bayleys, Napier

Kerry Geange

Licensee Salesperson | Eastern Realty Ltd (Licensed: REAA 2008) - Bayleys, Napier
27 active listings

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