Now even more affordable and so close to town

4/144 Nile Street, Nelson

Offers/Enquiries Over NZD $370,000

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Now even more affordable and so close to town | 4/144 Nile Street, Nelson | 4002149 |      X Close

Now even more affordable and so close to town

So well located, so peaceful and just a walk to town, is this little Nile Street gem - a simple investment starter, portfolio addition, or an affordable compact home for singles or couples.

If you're looking at an investment, this flat, one of five, is already providing solid returns with a highly regarded, long-term tenant who's very keen to stay.

And for those wanting a place to live close to town, this two-bedroom flat with garden is a terrific buy, offering scope for straight-forward but productive improvements.

Whatever your interest, this 1970s flat offers comfortable, private living with room outside to potter and a quiet spot with birdsong and hillside views.

Set well back off the street, number four is the second from the end. It benefits from a lack of road noise and street light glare and the added feeling of security.

The main bedroom is a good-size double and the lounge a roomy spot for sofa and chairs and a small table setting and with access to a private, sheltered garden.

New owners will benefit from the care and energy the tenant has put into the garden, with its cottagey style, lovely roses and a host of other plants.

The neighbours are friendly and quiet and there's a close community feel, with just the right amount of interest in each other's activities. You can enjoy your own company or be as neighbourly as you wish - and that's a plus for investors as well as owner-occupiers.

This 1972-built block is stucco-clad in the style of the day, with a painted, corrugated iron roof and concrete floor slab. Number four has recently had insulation batts added to ceiling and floor spaces, aiding winter cosiness.

In summer, you can let the breeze flow through from front door to back.

Number four has a car parking spot in the car port at the end of the drive.

The location is attractive, with Brook Stream walks close by and Collingwood Street, your nearest entry to the city, just a few blocks away.

The flat is in tidy condition, but new owners may see value in updating and refreshing the decor.

4/144 Nile Street, Nelson

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