Positioned on a highly visible arterial route, 811 Heretaunga Street East offers a versatile commercial opportunity appealing to both investors and owner-occupiers. Located just minutes from both the Hastings CBD (approx. 3-minute drive) and Havelock North (approx. 8-minute drive), the property benefits from excellent connectivity and access to two of Hawke’s Bay’s key commercial hubs. The property features a converted 200m2 (approx.) house set on a generous 1,138m2 (more or less) landholding, providing strong exposure and accessibility. With two tenancies in place, the property generates a net rental of $76,316.88 p.a., with all outgoings paid by the tenants, delivering a low-maintenance, passive income stream. The dual-tenancy configuration also offers flexibility - ideal for an owner-operator seeking to occupy part of the building while retaining income from the second tenancy. Key Investment Highlights: - High-profile arterial location - Approx. 3 mins to Hastings CBD | 8 mins to Havelock North - Two tenancies providing diversified income - Net rental: $76,316.88 p.a. - Outgoings paid by tenants - Owner-occupier or investment opportunity A well-located commercial asset combining income, flexibility, and strategic positioning in a sought-after Hawke’s Bay location. One tenancy is vacating 30 September 2026. A campaign is underway to secure a new tenant. Call Property Brokers today to arrange a viewing.

Deadline Sale

Rarely do we see a property that offers such a unique "blank canvas" appeal in a prime location. Situated on a generous 860m2 section, this property bridges the gap between residential comfort and commercial utility. While the 160m2 character home has seen better days, the bones of a great opportunity are right here for the visionary buyer. Whether you are looking to restore, repurpose, or start fresh, the potential for value-add here is immense. In its recent past it has been separate residential flats and a successful Tax Advisory business. The Breakdown • The land: A flat, spacious 860m2 site with excellent street profile. • The status: Residentially zoned with a highly coveted commercial use category, offering a versatile range of future possibilities. • The structure: A 160m2 footprint ready for a complete overhaul or removal. • A true "renovator's special". We aren't sugar-coating it - this building needs TLC. It is being sold in "as-is, where-is" condition, and buyers should come prepared for a project. Known issues include: • Roofing: Active leaks requiring immediate attention. • Plumbing: A broken pipe under the floorboards. • Foundation: Requires investigation. Why buy here? Location is everything. Positioned on Southampton Street West, you benefit from high visibility for potential business use while maintaining the heart of a residential zone. This is a "land bank" dream or a developer's next win. Bring your architect, your builder, and your imagination.

By Negotiation

This quality office building accommodates Ministry of Social Development (MSD) and Oranga Tamariki (OT), purpose built for these Government tenants and the property fully meets their requirements for the long term. • Seismic assessment 100% NBS • 2200m2 office area over two floors • 2795m2 freehold land; this is a significant property in Hastings • New 9-year term lease from 2021 and 4-year term respectively • Rights of renewal until 2041 • Net income circa $631,000pa plus GST This investment property has recently undergone a full internal upgrade, exterior repaint and new air-conditioning and LED lighting, which means all the work is done as an owner. This property will provide long term security and is an asset to any property portfolio. Please contact agent for full details today.

By Negotiation