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The Wood

40 Tasman Street, The Wood, Nelson

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143sqm Land area SQM
220sqm Floor area
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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)

Offers/Enquiries Over NZ$1,250,000 + GST (if any)
Gill Ireland

Gill Ireland

General Manager

BE Nelson Ltd, Bayleys,
Licensed under the REA Act 2008
Seb Hickman

Seb Hickman

Commercial, Industrial and Residential Sales and Leasing

BE Nelson Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Location


Located in the heart of The Wood

Lease


Established Tenants - Bobby Franks Cafe

Multi-use


2 Tenancies - Upstairs Apartment & Downstairs Cafe

Floor area details


Downstairs 117sqm approximately & Upstairs 103sqm approximately

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