116 Tasman Street, Nelson Central, Nelson, Nelson

116 Tasman Street, Nelson Central, Nelson, Nelson | Tall Poppy

Triple Income in Central Nelson

116 Tasman Street, Nelson Central, Nelson

Bedrooms

7

Bathrooms

3

Floor area

170m2

Land area

370m2

Property Sold

Last update 2 days ago

Updated a day ago

About this sold property

Positioned in a highly sought-after location, 116 Tasman Street presents a rare and versatile opportunity just moments from Nelson’s vibrant city centre. With three fully self-contained units on one title, this property offers strong holding income, flexibility, and long-term upside. Currently returning $1,290 per week, it is well suited to investors looking for immediate cash flow, or buyers wanting to secure a central property with multiple income streams. Each unit enjoys its own kitchen, bathroom, living area, dedicated parking, a private courtyard, and a separate shed ideal for storage or mountain bikes, all within easy walking distance to Nelson’s cafes, shops, and amenities.

Unit 1 (Ground Floor):

Positioned on the lower level, Unit 1 offers comfortable and practical living with two well-sized bedrooms and a functional layout. The living area is light-filled by a classic bay window and connects easily to a private courtyard, creating a relaxed space to unwind. A well-appointed kitchen and bathroom support easy day-to-day living, while a dedicated car park and separate storage shed add further convenience. This unit appeals to tenants seeking low-maintenance living in a central location. There is also a lovely covered outside porch.

Unit 2 (Upper Level):

Elevated above, Unit 2 captures a pleasant outlook and enjoys great natural light throughout. Also offering two bedrooms, this unit features a welcoming living space alongside its own kitchen and bathroom. The private courtyard provides an outdoor area to enjoy, while the dedicated car space and storage shed enhance practicality. Its position and layout make it a popular option for tenants wanting both comfort and proximity to the city. This unit also features an outside deck with views of Nelson Cathedral.

Unit 3 (Ground floor):

Privately positioned, Unit 3 is a spacious three-bedroom offering excellent separation from the other dwellings. Ideal for families or larger households, it features a generous living area, its own kitchen and bathroom, and a private courtyard for outdoor living. With two carports plus additional storage via its own shed, this unit delivers extra space and flexibility, making it a standout within the property.

Please refer to the floorplans in the listing photos for the property layout, or get in touch with us today to find out more.

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Key selling points

  • 170m2
  • 0 car garage
  • 2 carports
  • 4 parking spaces

Additional property details

  • 170m2
  • 0 car garage
  • 2 carports
  • 4 parking spaces

In The Area

  • Nearest School

    Nelson Central and the Boys and Girls College

  • Nearest Public Transport

    300m away in Nile Street

  • Nearest Shops

    Nelson CBD

  • Nearest Town

    Nelson

Value Details

  • Rateable Value

    770000

  • Land Value

    530000

  • Improvement Value

    240000

  • Rates

    $8,082.56

Items Included In the Sale
  • Refer to chattels list
  • 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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