Listing #:1147906619

HIGH GROWTH NELSON : CBD RETAIL INVESTMENT

Location: 109 Trafalgar Street, Nelson, Nelson / Tasman
Property use: Retail
Floor area: 810-810m2
Land area: 810m2
Price: Asking price $1,700,000
Nelson is booming, with all key performance measures on the up, and with the continued growth in primary exports, tourism and aged care sectors the trajectory is sustainable.

In the current burgeoning market, prime retail investments are both rare and desirable.

This property is a substantial block of the prime retail strip.  For Sale by Private Treaty, $1,700,000 plus GST (if any)
Features:
* Established investment property
* Wide Trafalgar Street frontage
* Simply Furniture as tenant
* 810m² retail and warehouse
* IEP 40%
* Loading access from Halifax Street
* Landlord owned fit out
* Yield 7.35% (estimate)
* $125,000 market rental assessment

Agency reference #: 56482
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Asking price: $1,700,000
109 Trafalgar Street, Nelson, Nelson, Nelson / Tasman
Asking price: $1,700,000
Listed: Tue 23 Aug, 3:53 pm
Geoff Faulkner
Colliers International Nelson, (Licensed: REAA 2008)
  • Contact details
  •  (027) 2136266

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Agent's details

Geoff Faulkner
  •  (027) 2136266
Colliers International Nelson, (Licensed: REAA 2008)
(03) 5456920
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Expires: Wed 9 Jan, 10:32 am
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