Bowen Hospital
98 Churchill DriveBowen Hospital is a two-level hospital facility and five-level specialist consulting building, originally constructed in 1971.
The facility has undergone upgrades and renovations including a $34m development adding 3 operating theatres and consulting building housing consulting space, an endoscopy unit and chemotherapy clinic operated by a partnership between Icon Cancer Care and Evolution Healthcare.
Recent development works completed in November 2023 include the fitout of one theatre, new sterile stores, expansion of consulting suites and refurbishment of inpatient rooms.
The facility now has 7 theatres (including 2 endoscopy procedure rooms) and 21 hospital beds.
Property Summary
As at 30 September 2025 Bowen Hospital 98 Churchill Drive-
$67.7 Market Value
-
24.20 yrs WALE
| Asset class | Hospital (Acute) |
|---|---|
| Occupancy | 100.0% |
| Major tenant | Evolution Healthcare NZ |
| Market capitalisation rate | 5.5% |
