189 Milton Street The Wood, Nelson City

Commanding a superb elevated position with sweeping city and mountain views, this versatile Nelson property offers not just lifestyle, but serious investment potential.

Currently configured as a spacious three-bedroom, two-bathroom home with dual living areas, the property provides multiple income options - live upstairs and rent the lower level, operate a home business, or convert into two fully self-contained dwellings for strong dual rental returns.

With its warm aspect and all-day sun, the home has been beautifully maintained and designed for flexible use. The upper level features modern open-plan living, great natural light, and stacker doors opening to a sunny deck - perfect for entertaining or relaxing. Upstairs also includes a large master, second double bedroom, and a full bathroom with separate toilet.

The lower level offers an independent space complete with its own lounge or office, generous bedroom, bathroom, and kitchen - ideal for Airbnb, long-term rental, or professional workspace.

Additional features include two heat pumps for year-round comfort, a single garage, and off-street parking.

Situated in one of Nelson's most sought-after locations - just minutes from the Botanic Gardens, Centre of NZ, and the CBD - this property delivers both strong lifestyle appeal and reliable investment fundamentals.

Investment Highlights:

• Elevated position with panoramic city and range views
• Dual-living layout - easily configured for two income streams
• Proven location for short- and long-term rental demand
• Warm, low-maintenance home with solid returns potential
• Close to city amenities, schools, and Nelson's outdoor attractions

A standout opportunity to secure a high-performing, flexible property in a premier Nelson location. Invest in lifestyle and income - all from the same address.