28 Riverside, Nelson Central, Nelson

28 Riverside, Nelson Central, Nelson | Tall Poppy

Renovate, Develop, Landbank - $171,000 Below RV!

28 Riverside, Nelson Central, Nelson

Bedrooms

2

Bathrooms

1

Floor area

110m2

Land area

506m2

Enquiries Over $899,000

Full Property Pack

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Updated 2 days ago

Open homes

Add an Open Home to your calendar

  • Sun 18 Oct 2:45 pm - 3:15 pm

Sunday

18

October

Next Viewing

About this property

After proudly calling this property home since 1981, the current owner is ready to begin an exciting new chapter, creating an exceptional opportunity for the next owner to secure one of Nelson's most sought-after landholdings.

Positioned just minutes from the vibrant Nelson CBD, this is a property packed with potential. Whether you're a developer looking to unlock the value of the site, a renovator ready to transform an original home, or an astute investor searching for a prime location, 28 Riverside deserves your immediate attention.

Offered to the market at Enquiries Over $959,000, this property is priced significantly below its current RV of $1,070,000, presenting outstanding value in a tightly held location. Set on a 506sqm freehold section, the existing 1940s home offers approximately 105sqm of accommodation, providing plenty of scope to renovate, extend, or explore future development possibilities, subject to the necessary council approvals.

Location is everything, and this address delivers. Enjoy the convenience of being within easy walking distance of Nelson's cafés, restaurants, shopping, schools and city amenities, making it an incredibly appealing proposition for homeowners and developers alike.

Adding further peace of mind, the owner has lived here for more than four decades and confirms the property has never experienced any flooding issues during her ownership.

Opportunities like this are becoming increasingly rare. Secure a premium city-fringe address, add value through renovation or redevelopment, and capitalise on a location where demand continues to remain strong.

The owner's motivation is genuine and she is ready to move on to her next chapter. Don't miss your chance to make this remarkable property the beginning of yours.

Contact us today.

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Key selling points

  • 110m2
  • 1 carport
  • 2 parking spaces

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We can send you links to all of the documents we have on hand for this property.

Including Council documents and titles if available.

Allow 5-10 mins for the request to be processed.

Additional property details

  • 110m2
  • 1 carport
  • 2 parking spaces

In The Area

  • Nearest Public Transport

    Bus stop by fresh choice

  • Nearest Town

    Nelson

Value Details

  • Rateable Value

    $1,070,000

  • Land Value

    $980,000

  • Improvement Value

    $90,000

  • Rates

    $7,587.55

Items Included In the Sale
  • Bathroom Extractor Fan x1
  • Clothes Dryer
  • Dishwasher
  • Electric Hob (induction)
  • Electric Oven
  • Fixed Floor Coverings
  • Fridge
  • Garden Shed
  • Heat Pump x1
  • Heat Transfer System (HRV)
  • Heated Towel Rail(s) x2
  • Heater(s) x2 in bathroom(s) and x2 panel heaters
  • Laundry Tub
  • Letterbox
  • Light Fittings
  • Rangehood
  • Security Lights
  • Smoke Detector(s)
  • Washing Machine
  • Window Treatments
  • Solar panel on roof
  • Microwave (slightly damaged)
  • We are revolutionising real estate by offering crystal-clear pricing, industry-leading marketing and processes to get you the best possible price on your property.

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