1-7 Johnswood Grove, Clouston Park, Upper Hutt Springlodge

Available PropertyFiles:

  • /1. Information Memorandum/
    • 1_7 Johnswood Grove - Information Memorandum.pdf
  • /2. Lease Documents/
    • Deed of Lease Springlodge Flats 1 Johnswood Gr Upper Hutt.pdf
    • deed of renewal executed.pdf
  • /3. Titles/
    • Title - 3153584-1.pdf
    • Title - 3153585-1.pdf
  • /4. BWOF/
    • CS0005 - BWOF Pending Letter 2023.pdf
  • /5. Insurance/
    • Spring Lodge Insurance 2023 Schedule.pdf

Property Description

Discover a rare investment opportunity in the heart of Upper Hutt, New Zealand. This meticulously designed specialist care facility offers a unique blend of comfort, functionality, and potential for discerning investors. Boasting 17 bedrooms and a manager's apartment, this property is an exceptional income-generating asset leased to a leading health provider. As the demand for specialist care facilities continues to rise, this property offers the opportunity to expand services or improve facilities, increasing the potential for even greater returns on your investment in the future.
• A specialist care facility
• Net income $174,361pa + GST
• Tenant is a leading health provider
• Lease term three years from 1 May 2023

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Terms of Supply

DISCLAIMER AND STATEMENT OF GENERAL POLICY
The following information has been supplied to Capital Commercial (2013) Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.
Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.
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Contact Christian Taylor

Capital Commercial (2013) Limited, Bayleys,

Licensed under the REA Act 2008

04 499 6022   021 964 828   christian.taylor@bayleys.co.nz   All Listings


Contact Mark McArthur

Capital Commerical (2013) Limited, Bayleys

Licensed REAA 2008

+64 4 528 2422   +64 27 453 3701   mark.mcarthur@bayleys.co.nz   All Listings

Mark has lived in Upper Hutt for all but 9 years of his life. After 30 years with McArthur Real Estate, Mark joined Tommy’s and now with the recent merge is delighted to be involved with another family run company of Bayleys Hutt Valley. Mark enjoys an enviable reputation in real estate in the Hutt Valley, as did his father before him. As a company, and sales team, Bayleys enjoys a similar reputation, and practise’s real estate in the same ethical manner with clients and customer’s needs coming first.

Mark has a great knowledge of the real estate industry. He believes in “putting back”, evidenced by his role, for 25 years, as an elected member of the Wellington District Committee of Real Estate Institute of N.Z. (including 2 years as President). In 2003 he was honoured by his peers and awarded a Fellowship of the Institute.

Mark has also been a keen supported of Wellington Free Ambulance and led the charge in raising funds and refurbishing the ambulance station in 2005/6. After a fantastic Upper Hutt community effort funds were raised and the station was completed, in 18 months, and there was enough left over to help purchase an ambulance. He is currently involved with “Friends of Upper Hutt Ambulance Station” raising funds to pay for the annual running costs of the Upper Hutt station.

Mark has a passion for Upper Hutt with its community, businesses, lifestyles, environs and all the opportunities the young city offers. “Upper Hutt caters for all ages, all walks of life and, no matter what the hobby or pastime, there is an outlet for it in Upper Hutt”. He has helped well in excess of 600 homeowners in Upper Hutt.