Dual Income Investment Opportunity

  • $770,000
114 King Street North, Hastings, New Zealand
Sold By Negotiation
Dual Income Investment Opportunity
114 King Street North, Hastings, New Zealand
  • $770,000

Description

Welcome to 114 King Street North, a standout investment property right in the heart of Hastings. This is a rare opportunity to secure a versatile mixed-use building that delivers both commercial income and residential appeal.

Ground Floor — Established Commercial Tenant

Downstairs, you’ll find a well-presented commercial space currently occupied by a long-term tenant, providing steady rental income and peace of mind for investors.
The layout includes a street-facing retail frontage, excellent signage visibility, and customer access — ideal for retail, office, or service-based businesses.

First Floor — Spacious Three-Bedroom Apartment

Upstairs, a three-bedroom apartment offers comfortable living with a private entrance.
This light-filled residence includes:

  • A well-appointed kitchen and open-plan living area
  • Three generous bedrooms
  • Shower over a bath. Separate toilet.

Whether you choose to live upstairs and lease the commercial unit, or rent out both levels for dual income, this property offers flexibility and strong yield potential.

Location

Situated on the fringe of the Hastings CBD, 114 King Street North benefits from excellent foot traffic, public transport access, and proximity to cafes, shops, and local amenities.

With strong demand for both commercial and residential rentals in the area, this is a smart, future-proof investment.

The Opportunity

  • Dual income streams — commercial and residential
  • Tenant in place downstairs (ROR March 2026)
  • Vacant or tenanted options available upstairs
  • Prime Hastings location

Don’t miss your chance to own a high-performing, mixed-use freehold property in one of Hawke’s Bay’s most active investment corridors.

 

Email [email protected] or ph: 027 3295 777 today for more information or to arrange a private viewing.

  • Address 114 King Street North, Hastings, New Zealand

Details

  • Price: $770,000
  • Property Type: Commercial
  • Property Status: Sold

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