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Listed 3 months ago

ID#600209

40 Tasman Street,

The Wood

Nelson City
Offers Over $1,250,000
143
(1,539.24 sq.ft.)
220
(2,368.06 sq.ft.)

Commercial & Residential Investment Opportunity

A rare opportunity to secure a high performing, dual-income freehold property in one of Nelson's most sought-after locations. Set on 143sqm of land, this well maintained 220sqm character building delivers two dependable income streams from established tenants. The front facade of the cafe is a heritage B.

The ground floor is occupied by the ever-popular Bobby Franks Cafe, a thriving local favourite with a secure long-term lease, ensuring solid commercial returns. The apartment above is modern and well-appointed, it has three-bedrooms with a private access and is tenanted offering a reliable residential income.

Perfectly positioned in the heart of The Wood, just moments from Nelson's CBD, parks, schools, and the Maitai River, this attractive mixed-use property combines classic charm with strong investment fundamentals. With its proven tenancies, quality presentation, and consistent yields, 40 Tasman Street presents a secure, low-maintenance investment opportunity in a tightly held and high-demand area.

Offers over $1,250.000.00 +Plus GST (if any)

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Agents

Seb Hickman

Bayleys - Nelson

Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ

Gill Ireland

Bayleys - Nelson

Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ

This property was photographed by

Claire Watson

Media Specialist

Nelson

ID#600209

40 Tasman Street,

The Wood

Nelson City
Offers Over $1,250,000
proudly marketed by
Seb Hickman Gill Ireland
Bayleys - Nelson
Seb
021 029 65262
Gill
+64 22 184 2483
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