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)
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)
Key features
Location
Located in the heart of The Wood
Lease
Established Tenants - Bobby Franks Cafe
Multi-use
2 Tenancies - Upstairs Apartment & Downstairs Cafe
