The $14 million hub in Rolleston was built as a commercial investment by the council to attract health services to the district.
But filling the hub with tenants has been a slow process.
The council is currently seeking expressions of interest to fill the remaining 188sq m of ground floor space and 329sq m on the first floor of the 4000sq m building.
The first storey space is currently occupied by council-owned Selwyn Water Ltd, which has been in the building since last year.
The council said if a health provider expresses interest in Selwyn Water’s space, the company would relocate.
Council commercial and corporate services executive director Allison Sneddon said the health hub was a long-term investment when asked by Selwyn Times if there was concern about the empty space.
"Given the national shortage in some areas of healthcare, including GPs, it is good to see that the hub attracted such strong interest. We are pleased that the investment is maturing into a steady income-generating asset,” she said.
Sneddon said the building currently had a gross rental yield of about 5.1% on the $14m build cost, which is in the range of standard return on a commercial lease of 5-8%.
The current tenants are Health New Zealand Te Whatu Ora and its Oromairaki Maternity Unit, general practice Phoenix Healthcare, Pacific Radiology, and Evexias Physiotherapy.
- Expressions of interest for the remaining space are open until 5pm on Friday.
