Listing Description
Buy one, buy three or buy all six!
3/402 Queen Street East, Hastings Central, Hastings, Hawke's Bay
To be sold by deadline sale (by 11 Feb)
Details
| Attribute | Value |
|---|---|
| Property type | Unit |
| Capital value (CV) | $490,000 |
| Agency reference | HVU219465 |
| Broadband in the area |
Description
Positioned right in the heart of Hastings CBD in a commercial service zone, this well-maintained block of six flats can be purchased as individuals, or as a whole block offering a strong, ready-made investment with genuine flexibility. Arranged in two tidy rows of three, each flat features a practical two-bedroom layout, with spacious lounge rooms and good-sized bedrooms. The fundamentals are solid and the hard work has already been done.
All the flats are rental compliant and have benefited from key upgrades including full re-wiring, modernised roofing, new gutters, and updated bathrooms throughout - delivering peace of mind and reduced maintenance going forward. All tenants are happy to stay on, providing immediate holding income with a combined rental return of $2,620 per week - making this an attractive option for investors looking for a set-and-forget asset from day one. The location underpins it all. Sitting just a short walk from New World and moments from the heart of Hastings, the convenience on offer ensures consistent tenant demand.
Whether purchased as a full block or as individual units, this is a rare opportunity y to secure a high-performing investment in a tightly held central location. Strong income, proven demand, and flexibility built in - opportunities like this are seldom available so come along to one of our viewing windows and decide for yourself.
Open home times
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