GBU Realty is pleased to offer 231 Trafalgar Street Nelson for sale.
This trophy building, sitting on a prime Trafalgar Street location has had recent substantial upgrades by the owner. The works included a new roof, shop front, and stunning fit out, leaving the new owner nothing to do but sit back and reap the rewards.
• Total net lettable area- 440 m2.
• Land area- 440 m2.
• Leased to Tasman Lifestyle & Sports Limited (trading as Stirling Sports) with a weighted average lease expiry of 5.3 years.
• Current net annual rental of $159,818, rising on 1 July 2025 to a minimum of $162,364.62.
• NBS rating of 90-100%.
This is a golden opportunity for a smart investor to secure a prime building in the tightly held market in Nelson.
