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.