Multi tenanted investment - 7% + return

82 and 84, Bridge Street, Nelson, Nelson

Price On Application

Proposed Usage
Retail
Floor Area
539.00 m²
Land Area
435.00 m²
Description:
Property ID
1c6lj07

82 & 84 Bridge Street presents an opportunity to invest in a tenanted commercial property situated less than 100 metres from Trafalgar Street in Nelson's CBD, currently offering more than 7% return on investment.

The property occupies 435m2 of Inner City-Centre zoned land over two titles, with frontage to Bridge Street and Buxton Square. Currently configured as four individual tenancies with Shoe Clinic and Electrify NZ on Bridge Street and Nelson Relax and Alibi Hair & Beauty on Buxton Square, generating a total net annual income of $99,640 + GST.

• Net annual income- $99,640 + GST
• Four individual tenancies
• Two street frontages, Bridge Street and Buxton Square
• Located approximately 70 metres east of Trafalgar Street
• 435m2 land area over two titles
• 67% NBS

82 & 84 Bridge Street are being offered for sale collectively, with an asking price of $1,395,000 + GST (if any).

Commercial investment property at this price will not last long, be quick to secure your piece of Nelson's inner-city commercial property. Call now to request the full information memorandum.


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