Here is a prime investment opportunity in the heart of Nelson. With a strategic location, versatile spaces, and a solid rental history, this property offers a unique proposition for savvy investors.
•Four residential properties onsite:
- To the front - a spacious four bedroom, one bathroom character villa
- At the rear - a block of three, two bedroom, one bathroom apartments
•Exceptional rental returns:
- The villa is used as an Airbnb and attracts strong demand from the tourism sector
- The three apartments are fully tenanted attracting excellent residential rental returns
•Only 1KM from the Nelson CBD
•Excellent opportunity for an astute landlord/business person to acquire
A fresh, extensive renovation, completed only three years ago, has modernised the four-bedroom villa with contemporary colours, carpets, wiring and services, while retaining many of the original character features of the period.
Options abound: live in the Villa while renting the apartments, use the Villa for holiday accommodation, or explore subdivision possibilities. The returns make it a viable business opportunity.
We encourage your enquiry on this property at your earliest convenience. Don't miss the chance to unlock the full potential of 200 Nile Street, Nelson, and secure your future!
For a copy of our comprehensive booklet or to arrange a private viewing, contact Nina James.
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 1.03 km | 3 | 1 | 110m2 | 2024 06 21 | $550,000 | Council approved | |
 | 1.11 km | 2 | 1 | -m2 | 2024 04 29 | $730,000 | Council approved | |
 | 0.73 km | 2 | 1 | -m2 | 2024 04 17 | $690,000 | Council approved | |
 | 0.45 km | 3 | 1 | 153m2 | 2024 02 08 | $845,000 | Council approved | |
 | 0.84 km | 2 | 1 | 65m2 | 2024 01 16 | $525,000 | Council approved |