Kawarau Park Health HubEleventh Avenue, Lake Hayes, New Zealand
The Kawarau Park Health Precinct comprises 6 newly completed separate buildings anchored by a 3-theater acute hospital with 13 inpatient beds, with supporting medical consulting, imaging and retail tenancies and located in a growing and intensifying area of Queenstown. An additional 2-floor medical office building is currently under construction and will add additional complimentary medical consulting tenancies to the health precinct. Construction is due for completion in October 2022.
Property SummaryAs at 31 December 2021 Kawarau Park Health Hub Eleventh Avenue, Lake Hayes, New Zealand
$95m Market Value
8.7 years WALE
|Occupancy||100% (of completed build area)|
|Major tenant||JV between Southern Cross and Central Lakes Trust|
|Market capitalisation rate||4.25%|