152 Bridge Street, Nelson, Nelson

Rare CBD opportunity with rich history

Introducing an exceptional opportunity to own a prime piece of real estate in the heart of Nelson's CBD. Known to locals as 'The Royal Hotel' this 620sqm building occupies a high profile 577sqm site on the corner of Collingwood and Bridge Streets. This remarkable property is steeped in history and is where New Zealand's first official rugby club was formed, adding to its charm and character. The heritage facade of the building is a testament to its rich past, offering a unique blend of old-world charm and modern potential.

The central location of this property is a prime advantage as it sits near the heart of Nelson's CBD. The site offers excellent access to a range of amenities, including boutique shopping, cafes, restaurants, and entertainment venues, making it an ideal location for a variety of potential uses. The corner site provides three street access and the possibilities for refurbishment are plenty, providing ample scope for a range of uses, including mixed-use developments, commercial offices, or luxurious apartments. The large floor area of the building offers ample space to refurbish and reposition the property, making it a lucrative investment opportunity.

This property is perfectly suited to established investors and developers who recognize the value of a prime CBD location and the potential for high returns. Don't miss out on this rare chance to acquire a prime piece of real estate in one of New Zealand's most sought-after locations.

Contact Paul Vining to schedule a viewing and learn more about this exceptional opportunity to own a piece of New Zealand's history.

• High profile 577sqm corner site with rear laneway access
• "as is, where is" sale
• Some internal building refurbishment underway
• 620sqm floor area over two levels
• Level one consists of 15 rooms of accommodation
• Ground level as previous hospitality offering
• Re-purpose/re-develop or refurbish and retain existing use

For Sale - Asking Price $655,000 + GST (if any)