25-27 Bridge Street, Nelson, Nelson

Nelson CDB development opportunity with income

25-27 Bridge Street, Nelson presents a rare opportunity to purchase three freehold titles right in the heart of Nelson's CBD with a total land area of 1,526sqm.

The property at Bridge Street in Central Nelson is occupied by the region's biggest privately-owned bus company, Nelson SBL Holdings, which has been operating in the city for more than 90-years. The central city depot straddles Bridge Street and Wakatu Lane - allowing easy and efficient entry and exit access for the Nelson SBL Holdings bus fleet - and is zoned Inner-City Centre under the Nelson City Council plan.

The property is being offered for sale with a leaseback in place for up to three years at a market rental of $146,360 net pa. The opportunity provides an advantageous situation to many purchasers as you're acquiring an asset with holding income and significant inner-city development potential.

Develop, invest, occupy or land bank? This presents a truly unique opportunity that is not to be missed.

• 1,526sqm across three freehold inner-city titles
• Holding income of $146,360 net pa
• Two wide street frontages to Bridge Street and Wakatu Lane
• Development opportunity in high demand region
• Close proximity to public car parks, retail, and hospitality