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Listing Description

Listed: Mon, 6 Nov

Freehold going concern with Development Options

45 Collingwood Street, Nelson, Nelson / Tasman

To be sold by deadline sale (by 13 Dec)

Details

  •   714m² Floor
  •   1146m² Land
AttributeValue
Property use
Hotel/Leisure

Description

PRIME CBD FRINGE LOCATION

  • Waimarie On Riverside provides astute investors with the opportunity to secure a freehold going concern consisting of one 2 bedroom apartment, a studio apartment, and 6 motel units.
  • The property sits on a generous 1146 sqm site on the north-eastern fringe of the Nelson central business district.
  • The rear southern boundary adjoins the Maitai River and creates a pleasant outlook for the owners accommodation, adjoining Riverside Apartment, and Maitai Suite.
  • The location is considered ideal for a high density residential redevelopment, being within easy walking distance of the CBD, a supermarket, the Riverside pool, and easy access to the walkway along the side of the Maitai River.
  • This property should not be missed, as it provides investment with a multitude of investment and development options.
  • Established trading history and holding income for future plans (confidential enquiries welcome).

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