This is a fantastic opportunity to invest in a future Development in Nelson, the Sunshine Capital of New Zealand.
Real Estate is all about location and 46 and 48 Trafalgar Street are as prime as it gets! Situated on the Main Street of Nelson City only 2 minutes walk to the CBD. The City fringe block of 1609m² Freehold land is suitable for high density housing. Nelson City Council has granted the Vendor Resource Consent to construct 13 Freehold Townhouses on the land.
Australian and Singaporean Investors are able to purchase such a Development. Other International buyers may also qualify if they seek Overseas Investment Office approval under current Government Legislation, whereby they are increasing the New Zealand Housing Stock, which is currently in short supply.
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