505 Aberdeen Road, Te Hapara, Gisborne presents a compelling opportunity to acquire a defensive healthcare investment underpinned by a secure triple net lease, returning $457,358pa net + GST with an initial term of ten years.

Leased to Evolution Healthcare NZ, a leading private healthcare operator with international ownership, the strength of this tenant covenant provides a high degree of income certainty and positions the asset within a government-supported sector characterised by non-discretionary demand and resilient long-term fundamentals.

The property is occupied as the Evolve Rehabilitation Gisborne facility and comprises a purpose-built residential rehabilitation complex providing 23 private bedrooms and six two-bedroom units, set within landscaped grounds on a substantial 7,698sqm site in close proximity to the Gisborne town centre.

It supports essential residential rehabilitation services reinforcing the asset’s defensive nature and enduring relevance within the healthcare system.