204 and 204b Lascelles Street, Hastings, Hastings

Dual title investment with development potential

• Two adjoining titles
• One 2-bedroom and one three bedroom dwelling
• 1,028sqm (more or less) of land
• Periodic tenancies in place
• Deadline Sale (unless sold prior)

Bayleys Hawke's Bay presents an opportunity to acquire two adjoining titles offered together, creating a combined landholding of approximately 1,028sqm.
The properties feature two residential dwellings, both Healthy Homes Compliant and currently tenanted, delivering immediate income security.
Together, the dwellings generate a combined annual income of $60,320 (GST incl.), providing investors with a reliable return from day one. The location, close to Hastings CBD, schools, and transport links, ensures ongoing tenant demand and underpins long-term value.
Beyond the strong rental stream, the scale and positioning of this dual-title site open the door to future possibilities. Whether held as a secure investment, added to an existing portfolio, or considered for redevelopment, this offering represents a strategic opportunity in a tightly held residential precinct.

This opportunity is being sold as is, with no warranties in place from the highly motivated vendor.

Call Matt Webb from Bayleys to discuss further or to book a private viewing
Deadline Sale (unless sold prior): 2pm, Thursday 18 December 2025