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Wakefield Hospital

32 Florence Street, Newtown

WellingtonNorth Island6021

New Zealand

Wakefield Hospital is operated by Evolution Healthcare, a leading healthcare provider, and serves as the largest private hospital in the Wellington region. The hospital is currently undergoing a comprehensive redevelopment and upon completion, the facility will include eight operating theatres, 47 beds, medical imaging, a 3,000 sqm medical consulting building and approximately 260 on-site car parks. The hospital provides a wide range of surgical specialities including orthopaedics, cardiology, neurosurgery and vascular surgery. Stage 1 of the project, which has been completed, involved the construction of a new building that houses medical specialist consulting spaces, a full radiology unit, and new administration and front-of-house areas. This stage earned an excellence award at the 2022 Property Council Awards in the Civic, Health, and Arts category. Stage 2, which is underway, includes the addition of new theatres and beds, with demolition completed and earthworks commenced. The project incorporates a base-isolated design to reduce the risk of critical damage during earthquakes and to enhance the likelihood of service continuity following a significant seismic event.

Wakefield Hospital located in Newton, Wellington, on a 2.2-hectare siteand approximately 4 kilometres south of Wellington’s Central Business District. The hospital is surrounded by residential properties, South Wellington Intermediate School, opposite Arvida Retirement Village and Wellington Hospital is 1km north of the property. The Hospital is easily accessible by public transit, with bus stops along the northern boundary of the site and there is strong road accessibility by car.

City
Wellington, NI
Asset Type
Hospital / Health Care Facility
Title
Freehold
Fund
Vital Trust
Ownership Interest
29%
Year Built | Renovated
1955 | 2024
Site Area
239,110 SQ FT | 22,214 SQM
GLA
155,624 SQ FT | 14,458 SQM
Occupancy
100%
WALE (yrs)
22.7
Tenants
1
Major Tenant
Evolution Healthcare
Beds
47
Theatres
6
Sophie Benfell-Brinsden
Property Manager
Sophie.Benfell-Brinsden@nwhreit.com