1 Hennessy Place, Spreydon Christchurch

Available PropertyFiles:

  • Building Warrant of Fitness.zip
  • Certificate of Insurance.zip
  • Condition assessment.zip
  • ISA Report.zip
  • Lease Agreement.zip
  • Record of Title.zip

Property Description

George Manning Lifecare is an 88-bed dual-purpose care facility (rest home/hospital) located on a substantial 7,234 sqm site. With a well-maintained appearance with recent upgrades, the property provides an annual net income of $834,990 plus GST.

The building design and layout is typical of a modern care facility of this nature and is predominantly of single-level design (with a first-floor staff room and amenities).

Room sizes are generous, and all offer ensuite facilities. The property features two central courtyards and patio development at the rear. Good onsite car parking is provided.

Occupancy rates have been historically high within the facility.

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Terms of Supply

The following information has been supplied to Bayleys Real Estate 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.

Contact Sunil Bhana

Bayleys Real Estate Limited

Licensed under the REA Act 2008

09 375 8438   021 938 660   sunil.bhana@bayleys.co.nz   All Listings

Sunil has been with Bayleys for over 20 years and his personable approach and hard working attitude has led to the conclusion of a significant number of transactions over the years, in both buoyant and difficult markets.

Sunil manages and leads Bayleys South Auckland, a high-performing and experienced Commercial and Industrial team of over 26 people who work together to ensure the best client outcomes are achieved. He also transacts in commercial, industrial, capital markets and special projects across the country, utilising Bayleys’ national network and collaborating with agents on the ground.

Sunil is motivated, results oriented, and provides a professional approach to property marketing, possessing the attention to detail essential to the smooth running of a campaign.

Consistently featured amongst Bayleys’ top performing agents and regularly positioned in the top 10% of Bayleys salespeople nationally, Sunil’s contribution and commitment to the company is also acknowledged through his multitude of awards, including the Bayleys Way Award which recognises impeccable client service and staff determination to be the best at what they do.


Contact Mike Houlker

Bayleys Real Estate Limited

Licenced under REA 2008

09 375 8437   021 945 927   mike.houlker@bayleys.co.nz   All Listings

Mike Houlker is one of New Zealand’s most experienced and successful commercial and industrial real estate salespeople.

His involvement in several billion dollars’ worth of sales and leasing transactions means he has consistently been one of Bayleys' top-performing salespeople for almost four decades. He has also received independent recognition, being awarded “Real Estate Institute of New Zealand (REINZ) National Commercial and Industrial Salesperson of the Year” three years in a row.

Since joining Bayleys in 1986, Mike Houlker has had roles in sales and management in Wellington, Sydney and Auckland. His ‘cut-to-the-chase’, plain language, practical approach to all property matters has gained him not only respect in the industry, but also huge repeat and referral business.

As an integral part of the Bayleys’ commercial and industrial team in Auckland, Mike also works with Bayleys’ wider agency network across all of New Zealand and project manages a large number of national and international marketing campaigns on behalf of Bayleys’ clients. A selection of recent sales are below.

Mike is also the Head of Bayleys Funds and Investment Products Division, that he was involved in establishing in 2001, and is qualified as a financial advisor. Bayleys provides investors opportunities to access premium, high-yielding property offerings across the commercial, industrial, healthcare, and agricultural property sectors with forecast returns paid monthly. Access to ‘value-add’ fund opportunities, and debt offerings with fixed terms and higher projected IRRs are also available. With a very wide range of clients, investment amounts range from the minimum ($10,000) through to many millions spread across multiple offerings.

Working in conjunction with one of Australasia’s leading and largest property fund managers, the ASX200 listed Centuria Capital, Mike has project managed the marketing and sales of around 70 property funds with a total combined property value in excess of $2.5 billion.

To learn more about Bayleys Funds and Investment Products Division and the current investment opportunities, please visit bayleys.co.nz/funds or contact Mike.