STRATEGIC PORT PROPOSITION

105, Vickerman Street, City Centre, Nelson

Price On Application

Proposed Usage
Industrial
Floor Area
552.00 m²
Land Area
359.00 m²
Description:
Property ID
1c1sx40



Workshop | Warehouse | Storage | Offices.

Port Nelson is the maritime gateway into the Nelson Marlborough region, a vital hub that underpins the top of the south economic boom. The port has had yet another record year in 2017, with records achieved for containers and the opening of the Patterson Logistics centre. Port Nelson is the largest fishing port in Australasia.

Recent expansion of the Port has consumed all available land, and now its increasingly harder to secure a foothold in this tightly held industrial precinct. Building rents are starting to climb, and as the Nelson City Industrial hub of Vanguard and St Vincent St rapidly approaches 100% occupancy, businesses are moving further afield.

105 Vickerman is one of the last chances, to secure a foothold in the heart of the port and establish a prime position to service the industrial requirement generated by this burgeoning precinct.

The building is on a very affordable ground lease, with 10 year terms and perpetual rights of renewal.

Offering over 500sqm of warehouse, workshop and offices, this multi use premises is a sharp hold for an astute investor, looking to maximise property returns without committing capital to buying the expensive and low yield land.

This property is also available for lease. 

Contact Geoff today for more information.

Enquire about this property

City Centre Area