1,438sqm
floor area
929sqm
land area
Location | High foot traffic area |
Mixed usage | Entertainment downstairs, backpackers and residential apartments upstairs. |
Opportunity | Purchase this high profile site freehold |
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
Licensed under the REA Act 2008
Mobile: +64 22 184 2483 |
Office: +64 3 546 3576 |
gill.ireland@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 280 8090 |
Office: +64 3 546 9455 |
paul.vining@bayleys.co.nz |
1,438sqm
floor area
929sqm
land area
Location | High foot traffic area |
Mixed usage | Entertainment downstairs, backpackers and residential apartments upstairs. |
Opportunity | Purchase this high profile site freehold |
131 Bridge Street, Nelson
Open in mapLicensed under the REA Act 2008
Mobile: +64 22 184 2483 |
Office: +64 3 546 3576 |
gill.ireland@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 280 8090 |
Office: +64 3 546 9455 |
paul.vining@bayleys.co.nz |
Please login or register
Login / Register