68 St Asaph Street, Christchurch68 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 SummaryAs 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%|