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Greenmeadows

5 Lannie Place, Greenmeadows, Napier

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614sqm Floor area
1,518sqm Land area SQM

For Sale by Negotiation

A Caring Investment


- 20 bed secure rest home facility
- Established tenant since 2004
- Term of lease 25 years
- Net rent $100,000pa
- Floor area 614sqm
- Land area 1518sqm

Waverley House is designed especially to provide 24 hour care for residents including 20 rooms, internal courtyard, commercial grade kitchen, lounge and dining rooms.

The tenant has an excellent reputation with the community and local health authority, which explains the high occupancy rate.

This is a secure investment with an established tenant.

Tenders Close
1pm, 12 October 2016
17 Napier Road, Havelock North

Daniel Moffitt

Daniel Moffitt


Eastern Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Jake Smith

Jake Smith


Eastern Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Aged Care


20 bed secure rest home facility

Tenant


Waverley Aged Care Limited - established since 2004

Term


25 year lease, $100,000pa net rent