68 St Asaph Street, Christchurch

68 St Asaph Street, Christchurch

68 Saint Asaph Street, Christchurch

A modern single level 7,700sqm building approximately 300m south of Christchurch Public Hospital – the main public hospital for Christchurch and New Zealand’s second largest hospital.

The facility is constructed to a high seismic rating following the Christchurch earthquakes and is rated significantly above current building code requirements.

Property Summary

As at 31 December 2021 68 St Asaph Street, Christchurch
68 Saint Asaph Street, Christchurch
  • $52.35m Market Value
  • 8.5 years WALE
Asset class Medical Office Building
Occupancy 100% (includes 2 year vendor rental guarantee on ~30% of the premises)
Major tenant Canterbury District Health Board; Syft Technologies
Market capitalisation rate 4.5%