Mixed use commercial investment opportunity


131 Bridge Street, Nelson

Asking Price NZD $2,500,000 + GST (if any)

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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


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

• One and two bedroom residential apartments

• Income potential circa $175,000 net pa when fully let

• NBS 67%

• Commercial land bank opportunity

Gill Ireland

Nelson

Licensed under the REA Act 2008

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Paul Vining

Nelson

Licensed under the REA Act 2008

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131 Bridge Street, Nelson

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Gill Ireland

Nelson

Licensed under the REA Act 2008

View profile

Paul Vining

Nelson

Licensed under the REA Act 2008

View profile