Mixed use commercial investment opportunity


131 Bridge Street, Nelson

Private Treaty

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Mixed use commercial investment opportunity | 131 Bridge Street, Nelson | 4003430 |      X Close
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Mixed use commercial investment opportunity


Deadline Sale (unless sold prior)

Closes 4pm, Wednesday 14 April 2021

288 Trafalgar Street, Nelson

Prime freehold commercial site of 929sqm located in Nelson city's busy Bridge Street precinct with a mix of hospitality, accommodation and residential tenancies.

The ground floor consists of a large scale hospitality tenancy with a new 10 year lease from February 2020. The first floor comprises a well appointed backpackers, with rear access from New Street and two modern residential apartments fronting Bridge Street.

• Long term commercial leases

• Short term residential tenancies

• One and two bedroom residential apartments

• Income potential circa $175,000 net pa

• NBS 67%

• Commercial land bank opportunity

131 Bridge Street, Nelson

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