Marketing broker Danny Blair of Colliers International's Havelock North office says it is a superb opportunity to acquire a high-profile corner site in one of the Hawke's Bay's busiest locations.
"The property offers huge exposure to passing traffic, making it ideal for retail or showroom uses." he says.
"With bare vacant land rare in Hastings CBD, this is a fantastic opportunity for a developer to take advantage of the growth in this locality.
"Owner-occupiers could also make their mark by design-building their ideal premises on the site. The property lends itself particularly well to car sales or a fast-food restaurant."
Blair says the property's location, on the roundabout cornering Heretaunga St West and Pakowahi Rd, is in the heart of the established Stortford Lodge commercial area.
"The property offers large street frontages to both roads and is conveniently close to the Napier/Hastings expressway," he says.
"Properties in close proximity include Bay Ford Mazda, two service stations, Cumberland Court Hotel and the Hawke's Bay Hospital."
Blair says the former Caltex buildings have been cleared from the site and the property is available now with vacant possession.
"Opportunities like this don't come along very often, so we're encouraging interested parties to get in touch at their earliest convenience."