Royston Hospital
500 Southland Road, HastingsRoyston Hospital comprises a single-level hospital facility and a two-level consulting centre, originally established in 1931. Following significant upgrades, the hospital now features five operating theatres and one dedicated endoscopy procedure room.
In 2022, a standalone Orthopaedic Day Surgery Unit was completed, offering two operating theatres, four recovery beds, and six second-stage recovery bays.
The unit is operated as a joint venture between Evolution Healthcare and leading orthopaedic surgeons from the Hawke’s Bay region.
Property Summary
As at 30 September 2025 Royston Hospital 500 Southland Road, Hastings-
$95.0 Market Value
-
24.20 yrs WALE
| Asset class | Hospital (Acute) |
|---|---|
| Occupancy | 100.0% |
| Major tenant | Evolution Healthcare NZ |
| Market capitalisation rate | 5.8% |