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

Better than the bank! This inner city Napier property adjacent to Clive Square Gardens is being offered for sale. • 250m2 two storey office with 1/2 share in 1002m2 freehold unit title land area • NBS 100% • Onsite car parking • RV $920,000 Well located in the Fringe Commercial Zone with long term development potential. Fringe Commercial Zone allows commercial and residential use. Close proximity to Clive Square Gardens, adjacent to the Intercity Bus Stop and nearby is the new Art Deco Centre. Don't miss this opportunity. Move now to purchase.

$572,000 + GST (if any)