Located in the heart of Nelson's premier retail precinct, 205 Trafalgar Street offers investors the chance to secure a modern, fully refurbished property with an established international tenant.
Leased to Mountain Warehouse Limited, a global outdoor retailer with over 300 stores worldwide, this property delivers excellent income reliability and strong covenant strength.
Refurbished and seismically strengthened in 2020 to 100% of the New Building Standard (NBS), the building features a contemporary glass façade, modern retail fit-out, mezzanine storage, staff amenities, and rear laneway access for deliveries.
Positioned among high-profile national and local retailers, the property benefits from consistent pedestrian flow, outstanding visibility, and long-term investment appeal.
Investment Details:
- Current Annual Net Rent: $147,912 + GST + OPEX
- Lease Term: 8 years from November 2020
- Renewal: 1 of 6 years (final expiry 2034)
- Floor Area: 310 sqm (approx.)
- Land Area: 246 sqm (more or less)
- Zone: Inner City - Centre (NCC)
Additional property documents are available for download - simply copy and paste the following link into your browser: https://rwrichmond.co.nz/properties/commercial-for-sale/nelson-city/nelson-7010/retail/3392454
Asking Price: $2,850,000 + GST (if any)
A rare opportunity to acquire a blue-chip Nelson investment combining a strong tenant covenant, quality refurbishment, and unbeatable Main Street exposure.
