811 Heretaunga Street, Parkvale, Hastings

Deadline Sale 24 June 2026

1,138m2

Land Area

200m2

Floor Area

+9

+8

Dual income commercial asset

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.

811 Heretaunga Street, Parkvale, Hastings

Web ID

HC226261

Floor area

200m2

Land area

1,138m2

District rates

$8,410.69pa

Regional rates

$629.44pa

LV

$500,000

RV

$580,000

Deadline Sale (unless sold prior)

Wednesday, 24 June 2026, 4.00pm

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Nigel Edge

Nigel Edge

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