204 and 204b Lascelles Street, St Leonards, Hastings

Two dwelling investment with development potential

• One 2-bedroom and one three bedroom dwelling
• 1,028sqm (more or less) of land
• Periodic tenancies in place
• Price by Negotiation

Bayleys Hawke's Bay presents an opportunity to acquire 204 Lascelles Street which features two residential dwellings on a 1,028sqm (approximately) section, 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 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 motivated vendor.

Call Matt Webb from Bayleys to discuss further or to book a private viewing