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Clouston Park

1-7 Johnswood Grove, Clouston Park, Upper Hutt

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2,482sqm Land area SQM
829sqm Floor area

New 9 Year (Net) Lease On Offer


Discover a rare investment opportunity in the heart of Upper Hutt, this meticulously designed specialist care facility offers a unique blend of comfort, functionality, and potential for discerning investors and developers looking two years out. Boasting 17 bedrooms and a manager's apartment, this property is an exceptional income-generating asset leased to Healthcare of New Zealand Limited.
As the demand for specialist care facilities and established residential sites to develop continues to rise, this property offers the opportunity to expand services, improve facilities or land bank for the future.

To obtain copies of all supplementary documents please register your details at www.propertyfiles.co.nz/property/1-7JohnswoodGrove

• Large corner site 2,482sqm
• Residentially zoned land
• Commercial Lease in place until 1 May 2026
• Net Income $166,246pa plus GST

For Sale by Negotiation
Christian Taylor

Christian Taylor

Commercial Sales and Leasing

Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Mark McArthur

Mark McArthur

Residential Sales

Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Amenities


Specialist care facility

Passing income


Net income $166,246pa + GST

Occupancy


Tenant is a leading health provider

Lease


Final lease expiry 30 April 2026