FEATURED SALE PROPERTIES

Unlimited Potential

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• This property is located on the edge of Nelson/Tasman's fastest growing residential development. 

• Industrial building and offices

• High stud warehouse of 546m2 plus canopy of 246m2 

• Separate administration/ office block

• 8044 m2 land area providing future flexibility

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Zoned Rural Industrial A, the property provides a generous 8044 m2 of land which is currently planted in grape vines at the front of the section.  On the central part of the property sits a modern office/cellar door of 118 m2 plus a storage area of 16.8 m2 currently leased on flexible terms.  Towards the rear of the property lies a modern high stud warehouse with canopy area totaling 792 m2.

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This property offers so much opportunity for purchasers with a multitude of needs.  Whether you are an owner/occupier needing office space, a business requiring a great warehouse, or a family needing a property that offers room to stretch out, and within easy access of the Richmond action, this could be the opportunity you have been waiting for.

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Walkthrough of the property: 

https://youtu.be/NjrtkwoyGX4

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

Prime Mixed-Use Investment or Owner / Occupier Opportunity

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For Sale by Deadline Sale – 14 March 2025

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• GBU Realty is proud to exclusively bring to the market 114 Hardy Street.

• Located at 114 Hardy Street, this impressive mixed commercial building is a rare gem in Nelson CBD. Perfectly positioned to take advantage of inner-city amenities, this property is
  ideal for savvy investors or owner-occupiers seeking a seamless blend of city living and
  rental income.

• This strategic property is currently leased to Arts Council Nelson Incorporated, Pilates Nelson Limited, two small office leases; a spacious, recently renovated two-bedroom
  apartment.

• The property has a land area of 562 sqm and a nett lettable area of 760 sqm.

• Whether you’re an investor looking to expand your portfolio or a city dweller dreaming of
  urban living with rental returns, 114 Hardy Street offers endless potential.
   

To find out more about this exciting property do not hesitate to contact Craig to arrange an inspection today.

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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