Clouston Park
1-7 Johnswood Grove, Clouston Park, Upper Hutt
For Sale by Negotiation
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
Christian Taylor
Capital Commercial 2013 Ltd, Bayleys,
Licensed under the REA Act 2008
Mark McArthur
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
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