46 Waimea Road Nelson South, Nelson City 7010

Sold on 5 Apr 2016
  • 5 Beds
  • 1 Bath

Sold By

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House in Nelson South

High Net Return and Fully Tenanted!

  • 5 Beds
  • 1 Bath

Are you looking for investment in a prime central location and ready to broaden your investment portfolio? Perhaps you already have a portfolio of properties or wish to tap into the market. This is an ideal chance to diversify which is guaranteed to please.

46 Waimea Street is a tidy commercial property set on a 738 sqm and features attractive grounds, plenty of off-street parking and double carport. Comprising a reception, waiting room, three consultation rooms for the doctors, disabled toilet, storage, and sunroom/morning tea space. At the back with its own driveway, there is one bedroom apartment, deck area, separate toilet, laundry, bathroom, great outdoor area and single garage.

Located in the popular and vibrant on Waimea Road within strolling distance to the Nelson CBD. The current lease term for the Primary Healthcare runs through to May 2018. The tenant of the apartment is on a periodic tenancy and is more than willing to stay on and can be recommended as a good tenant, making the transition to landlord an easy one. Achieving approximately 7% return (gross).

If this sounds like you, contact me today to arrange to view or drop into the open home and take care of your future.

* RV: $430,000 (Sep 2015) Rates: $4167.40 Land Area: 738m (more or less) Floor Area: 150m (Source: Property Guru, Nelson City Council, LINZ).

  • Family Room
  • Sunroom
  • Electric Hot Water
  • Heat Pump
  • Standard Kitchen
  • Combined Dining/Kitchen
  • Separate Bathrooms
  • Separate WCs
  • Electric Stove
  • Ceilings: Gib/Pinex
  • Insulation: Batts/Poly Some Internal Walls & Some Ceiling
  • Good Interior Condition
  • Single Garage
  • Carport
  • Off-Street Parking
  • Brick Base
  • Partially Fenced
  • Weatherboard Exterior
  • Good Exterior Condition
  • Single Storey
  • Level Section Contour
  • Easterly Aspect
  • City Sewage
  • Town Water
  • Street Frontage
  • Above Ground Level
  • Public Transport Nearby
  • Shops Nearby
  • Air Conditioning
  • Close To Schools
  • Close To Shops
  • Close To Transport
  • Garden
  • Polished Timber Floor
  • Secure Parking

See all features

  • Curtains
  • Extractor Fan
  • F/Floor Cover
  • Heated Towel Rail
  • Light Fittings
  • Stove
  • Cooktop Oven
Property ID:





738m² / 0.18 acres


Double carport, single garage, off street parking