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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HC226261

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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 24 June 2026
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Positioned on one of Hastings' busiest routes, 701B-703 Heretaunga Street West presents a rare opportunity to secure a large-scale commercial holding with profile, flexibility, and future potential. Held across three titles, the property comprises 2,184m2 of land and 1,292m2 of floor space, making it one of the more substantial offerings in this tightly held location. Featuring frontage to Heretaunga Street West, warehouse and delivery access from McLean Street, multiple access points, off-street parking, and a versatile mix of retail showroom, warehouse, workshop, office, and boardroom space, the property is well suited to owner-occupiers, value-add purchasers, and developers. Occupy as is, upgrade and lease, or operate from part of the building while generating income from the balance. Property Highlights • Vacant Possession • 2,184m2 land area • 1,292m2 floor area • Street frontage with excellent exposure • Dual access from Heretaunga Street West and McLean Street • Off-street parking and yard functionality • Showroom, warehouse, workshop, office and boardroom accommodation • Occupy, lease, add value or redevelop (subject to council requirements) • Easy access to Hastings CBD and key transport routes Contact Property Brokers today to learn more about this versatile commercial asset offering scale, functionality, and multiple pathways to create value.

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