See the potential at 306 Hardy Street, Nelson - a mixed use hospitality and office building nestled in the CBD City Centre Zone. This property presents an opportunity for savvy investors, ambitious refurbishers, and discerning owner-occupiers alike.
Ground floor restaurant tenancy: Currently housing a thriving restaurant, the ground floor provides an excellent source of immediate income. Benefit from a well-established business while exploring the future possibilities for this space.
Vacant first floor offices: The entire first floor awaits transformation into a dynamic workspace. Customize the offices to suit your vision, whether you're expanding your business or attracting high-profile tenants.
Versatile investment: With multiple tenancies, the property offers a diverse range of income streams. Investors can capitalize on the existing restaurant lease while unlocking the potential of the vacant office space, creating a well-rounded investment.
Central location: Positioned strategically between the civil, legal, and education precincts, 306 Hardy Street is at the epicenter of Nelson's Heritage Quarter. Benefit from the prestige of this location and the foot traffic generated by neighbouring businesses.
Refurbishment potential: The canvas is yours to paint. Consider a tasteful refurbishment to enhance the property's aesthetic appeal and modern functionality. Elevate this prime location to new heights while preserving its historic charm.
• Mixed use building with unique facade - NBS rating assessed 2017 at 40%
• Restaurant tenancy on the ground floor - rental $21,720 per annum plus OPEX plus GST - final expiry December 2027
• Vacant possession of first-floor offices
• City centre zoning
• 320sqm floor area approximately
• 197sqm land area approximately
Offers Over $875,000 + GST (if any) - NOTE: The land & buildings are for sale only.
