Listing details

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Huge Income - Develop Further

Listing number:112501

The Honest Lawyer 1 Point Road,  Nelson

Negotiation

About the property

Land Area:  1.3 ha

This outstanding 1.3 hectare freehold Nelson property comes with its own replica English country pub and accommodation complex trading since 1995 as ‘The Honest Lawyer” and generating $291,000 annual rental (net of usual outgoings).

The established hospitality tenant occupies part of the property which is a private peninsula in the picturesque and sheltered Waimea Estuary. The property sits above year 2100 predicted flood levels.

The tip of the peninsula (very approximately 3500m2 effective) is available for further development without impacting on the passing rental.

The Suburban Commercial zoning allows for either residential or commercial use, or it would be a great spot to build a magnificent private residence looking across the estuary to the spectacular Western Ranges while collecting the rental from the back yard. That would be the ultimate lifestyle block!

This is a truly unique opportunity that should be investigated.

  • Fabulous location
  • $291,000 net rental
  • Room to develop further
  • Character hospitality venue
  • 1.3 hectare peninsula
  • Above 2100 predicted flood levels
  • Zoning allows residential or commercial use

Contact Ken today for more information.

Agents Details

Ken Montgomery
03 545 6920
027 6 314 040
View my profile

Agency Details

Nelson Commercial Realty Ltd (Licensed: REAA 2008) - Colliers International , Nelson
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