188b St Vincent Street Nelson, Nelson City

With a government agency secured as a tenant until July 2017 and paying $1235 per month, what better investment opportunity could you hope for? Take advantage of low interest rates to start or add to your rental portfolio or invest now and move in later.

Located in the increasingly popular Victory location, it is just a 2 minute stroll to Victory School, Victory Community Centre, shops and parks. A gentle 2 kilometre walk with have you in the city centre or at the Nelson Hospital in no time at all.

This tidy, sunny, north facing home offers 2 double bedrooms, open plan living, an internal access garage and an easy care section. Slightly elevated, it enjoys a beautiful outlook to the city hills. For those few cold months of the Nelson winter, the property is heated by a heat pump.

The home is the pride and joy of our owner, who is reluctantly selling. You know how the story goes; one person's loss is another person's gain so this fantastic investment opportunity could be yours. But you will need to be quick to secure this one. Call Chris or Tracey to arrange your private inspection today.

Negotiations over $245,000 considered

RV: $205,000 (Sept 2012) Rates: $1859.10 Land Area: 1/2 share in 759m² (more or less) Floor Area: 80m²
(Source: Property Guru, Nelson City Council, LINZ)