03/11/2026
SOLD | 701–703 Heretaunga Street West, Hastings
This substantial commercial freehold on one of Hastings’ busiest routes has sold to an owner-occupier.
The property:
2,184m² of land across three titles
1,292m² of showroom, warehouse, workshop and office space
Frontage to Heretaunga Street West, with delivery access from McLean Street
Sold with vacant possession
The campaign:
20+ enquiries
10 viewings
3 serious parties competing at the end
The purchaser was attracted by the site’s flexibility. With significant land, dual access and a mix of building types, they see a range of future uses for the land and buildings. Sites of this size with main-road exposure are rarely available in Hastings, and the level of demand reflected that.
What we’re seeing in the market:
Commercial enquiry across Hawke’s Bay has been rising over the past two months. Investors are active and looking for opportunities across all asset classes, with a range of reasons for buying. For owners considering their options, conditions are improving.
Congratulations to the purchaser and thank you to the vendor for their trust throughout the process.
If you own commercial or industrial property in Hawke’s Bay and want to understand what it’s worth in today’s market, I’m happy to have a confidential conversation.
