Grace Hospital – Stage 1
281 Cheyne Road, TaurangaGrace Hospital was acquired by Vital in December 2020 and is the only private inpatient hospital in Tauranga. It provides a range of surgical services including orthopaedics, cardiology, cosmetic surgery, urology and others. Grace is now a 51-bed, 9 operating theatre and dedicated endoscopy procedure rooms along with on site radiology and consulting services.
A 10-bed expansion reached practical completion on 6 July 2026.
It is located on a ~4ha site providing significant future expansion opportunities.
Development Summary
As at 30 June 2026 Grace Hospital – Stage 1 281 Cheyne Road, Tauranga-
$36.7m NZD Development Cost
-
Mid-26 Forecast Completion Date
| Stage | Under Construction |
|---|---|
| Spend to Date | $36.7m NZD |
| Cost to Complete | $0.0 NZD |
| Forecast Income Return | 5.5% |
