Versatile City Fringe Investment with Established Tenant
This high-profile property at 68 Waimea Road presents an outstanding investment opportunity, currently tenanted and delivering immediate rental income. Strategically located on a busy arterial route near Hampton Street School and Nelson College, it offers excellent visibility and ongoing demand in a central fringe location.
Originally configured as a 2-bedroom residence and currently utilised for medical/disability services, the well-maintained premises features carpeted offices, a reception/waiting area, a kitchenette, and accessible bathroom facilities. The property offers flexibility for the future - either as a continued commercial investment or a conversion back to residential use (subject to necessary consents).
Key Features:
•Tenanted investment with future rent review (from 1 July 2025)
•Prominent frontage with existing signage for excellent exposure
•Shared driveway access with 4 dedicated parking spaces
•Tidy interior with heat pump, LED lighting, and wheelchair accessibility
With a price guide of offers over $450,000+GST (if any), this is an ideal opportunity for investors or buyers seeking a versatile, low-maintenance property in a sought-after Nelson location.
Contact Bevan Dixon today for more information or to arrange a viewing.
