Woodham House, a large Rest-Home and Healthcare facilty located in Linwood, adjacent to the Christchurch CBD.
Leased to Healthcare NZ, New Zealand's largest provider of community-based health, rehabilitation and disability services, on a full nett lease - providing a excellent investment option for the 'hands off' investor.

The Main Building consists predominantly of lounge, dining and kitchen areas, with the modern 'south wing' extension providing multiple bedrooms with ensuite facilities. A five year old two-unit property completes the on-site healthcare facilities, adjacent to the car park area.

The buildings areas have been upgraded to a high level providing a pleasant living environment for the residents, with established trees and maintained gardens providing a park-like environment for all.

Annual rental of circa $185,000 plus GST - with all property outgoings also paid by the tenant.

Price $2,400,000 yielding 7.7% nett.