Royston Hospital

Royston Hospital

500 Southland Road, Hastings

Royston 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%