Fully Leased Investment Property in Prime Location
Fully Leased Investment | Prime Nelson CBD Location
Positioned in the heart of Nelson City, this iconic two-storey property presents a rare opportunity to secure a fully refurbished, income-producing mixed-use asset with significant future upside.
Extensively renovated in 2019 by Scott Construction, the building has undergone a comprehensive interior and exterior transformation, combining heritage character with contemporary design. The property has been strengthened to **100% NBS**, delivering long-term security and investor confidence.
Commercial and residential leases are in place, providing immediate income while still offering flexibility for future owner-occupation if desired. The residential apartments are fully consented for both short-term and long-term accommodation use.
Adding further value is a flat, regular-shaped rear landholding within the CBD — presenting genuine development potential. Indicative plans are available from the current owner.
Key Features:
* Three separate titles (to be sold as one)
* 100% NBS seismic rating
* High-quality refurbishment completed 2019
* Mixed-use investment (commercial + residential)
* Fully fitted residential apartments
* Holding income with future flexibility
* Significant rear landholding with development potential
A rare opportunity to secure a premium CBD investment with scale, strength and upside.
Positioned in the heart of Nelson City, this iconic two-storey property presents a rare opportunity to secure a fully refurbished, income-producing mixed-use asset with significant future upside.
Extensively renovated in 2019 by Scott Construction, the building has undergone a comprehensive interior and exterior transformation, combining heritage character with contemporary design. The property has been strengthened to **100% NBS**, delivering long-term security and investor confidence.
Commercial and residential leases are in place, providing immediate income while still offering flexibility for future owner-occupation if desired. The residential apartments are fully consented for both short-term and long-term accommodation use.
Adding further value is a flat, regular-shaped rear landholding within the CBD — presenting genuine development potential. Indicative plans are available from the current owner.
Key Features:
* Three separate titles (to be sold as one)
* 100% NBS seismic rating
* High-quality refurbishment completed 2019
* Mixed-use investment (commercial + residential)
* Fully fitted residential apartments
* Holding income with future flexibility
* Significant rear landholding with development potential
A rare opportunity to secure a premium CBD investment with scale, strength and upside.
Key features
Character building
Stunningly renovated character building with no heritage requirements.
Seismic (NBS rating)
100% NBS rating, meticulously upgraded by Scott Construction in 2019.
Multi-use
Multi-use building with office and retail tenancies on the ground floor and residential apartments above.
