FEATURED SALE PROPERTIES

Prime location residential redevelopment

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• Strong holding income spread across 6 motel units a riverside apartment, Maitai suite and managers accommodation.

• Strategic land holding on a high profile 1,146m2 corner site located on the fringe of the Nelson CBD with wide frontage to Riverside.

• Long standing freehold going concern providing solid income base.

• Prime location for high density residential redevelopment.

• Potential to subdivide and sell Riverside apartment independently.

• Golden opportunity for a smart investor to secure a prime investment in a tightly held market in Nelson with future redevelopment options.

• Owner occupier opportunity with multiple income options.

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Walkthrough of the property: 

https://youtu.be/bU3NGUfQa-A

Development Opportunity with Holding Income

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• 869 m2 Land Area

• 180 m2 Building Area

• Low site coverage

• Current holding income $31,350.00 plus GST

• Zoning- Commercial Zone A

• Queen Street and Oxford Mews dual frontages

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Strategic Central Location Investment for sale via tender

 

• A rare opportunity has emerged in the heart of Motueka with the upcoming tender of 7 & 8 Hickmott Place.​

• Can be sold separately or combined.

• Currently owned by the Tasman District Council, these properties offer exceptional potential for investors, developers, and business owners seeking a prime location in Motueka's commercial precinct.

• The properties are available for sale individually or as a whole, providing a combined area of 6,743 m2.

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Strategic Central Location Investment for sale

 

• Lease area: approx. 380m2 (260m2 ground and 120m2 storage).

• Wide frontage, approximately 9.4m.

• Surroundings retailers include Cotton On, Whitcoulls, Paper Plus, Farmers, Stirling Sports and many more.

• Absolute Prime Retail location with high foot traffic.

• Central Trafalgar Street Position.

• NBS rating of 90-100%