Positioned in the heart of Hastings, just moments from shops, schools, and everyday amenities, this versatile property presents an outstanding opportunity for savvy investors and developers alike.
Set on a generous freehold site, the property has been consented into two separate two-bedroom flats—offering immediate dual-income potential. The front flat is currently vacant and previously achieved $390 per week, while the rear flat is tenanted at $370 per week, with a reliable occupant keen to remain.
Both flats are Healthy Homes compliant, providing peace of mind and meeting modern rental standards.
There’s clear value-add potential here. Retain the existing configuration for steady returns, undertake renovations to enhance rental yield, or explore development options for a multi-unit project (subject to Council approval). With solid fundamentals and room to improve, this is an opportunity to unlock future gains.
Opportunities like this—combining income, location, and future potential—are increasingly hard to secure. Contact Team Green - Laurie & Jana to secure your viewing time today!