Sold
139 Pascoe Street,
Annesbrook, Nelson City
NZD 975,000
Property details
-
Agents
Ray White Richmond: KPV Real Estate Limited (Licensed: REAA 2008)
1 Estuary Place, Richmond Tasman District 7020
-
High-Profile Industrial with Income + Upside
Positioned in the heart of Annesbrook's tightly held industrial precinct, 139 Pascoe Street presents a compelling combination of stable holding income plus genuine upside through a surplus land component, ideal for investors or owner-occupiers planning future expansion.
The property comprises 1,250sqm (more or less) of freehold industrial land, with scope to utilise the surplus land component for yard use, additional improvements, or development, subject to any required council approvals.
A key attraction is the site's high-profile frontage and exceptional visibility to the busy Nelson Junction, with convenient access to Nelson Airport and key arterial links connecting Nelson and Richmond, an outstanding platform for business exposure and logistics efficiency.
Income in place: The main building is leased to Copy Press, with a rent of $43,000 + GST p.a. (from 1 December 2022). The tenant has one further right of renewal (3 years) from 1 October 2026, with a final expiry of 30 September 2029 if renewal is exercised.
This is a rare chance to secure a freehold industrial holding with tenant security today and land-driven upside tomorrow, in one of Nelson's most recognised commercial locations.
Enquire today for the full Information Memorandum or to arrange a private viewing.
Additional property documents are available for download - simply copy and paste the following link into your browser: https://rwrichmond.co.nz/3454855
The property comprises 1,250sqm (more or less) of freehold industrial land, with scope to utilise the surplus land component for yard use, additional improvements, or development, subject to any required council approvals.
A key attraction is the site's high-profile frontage and exceptional visibility to the busy Nelson Junction, with convenient access to Nelson Airport and key arterial links connecting Nelson and Richmond, an outstanding platform for business exposure and logistics efficiency.
Income in place: The main building is leased to Copy Press, with a rent of $43,000 + GST p.a. (from 1 December 2022). The tenant has one further right of renewal (3 years) from 1 October 2026, with a final expiry of 30 September 2029 if renewal is exercised.
This is a rare chance to secure a freehold industrial holding with tenant security today and land-driven upside tomorrow, in one of Nelson's most recognised commercial locations.
Enquire today for the full Information Memorandum or to arrange a private viewing.
Additional property documents are available for download - simply copy and paste the following link into your browser: https://rwrichmond.co.nz/3454855
Explore the area
School catchments
- Nayland College Secondary Years 9-15 State 0.90km
- Broadgreen Intermediate Intermediate Years 7-8 State 0.99km
- Nayland Primary School Primary Years 1-6 State 1.1km
- Tahunanui School Primary Years 1-6 State 1.4km
- Enner Glynn School Primary Years 1-6 State 1.5km
- Birchwood School Primary Years 1-6 State 1.5km
- Nelson Christian Academy Full primary Years 1-8 State integrated 2.0km
- Stoke School Primary Years 1-6 State 2.1km
- Nelson Intermediate Intermediate Years 7-8 State 2.6km
- Te Puna Wānanga o Te Wairepo – Victory Primary School Primary Years 1-6 State 3.0km
- Nelson College Secondary Years 9-15 State 3.4km
- Nelson College (Prep Dept) Intermediate Years 7-8 Private 3.4km
- Hampden Street School Primary Years 1-6 State 3.6km
- Nelson College For Girls Prep School Intermediate Years 7-8 Private 4.3km
- Nelson College For Girls Secondary Years 9-15 State 4.3km
- St Joseph's School (Nelson) Full primary Years 1-8 State integrated 4.7km
- Auckland Point School Primary Years 1-6 State 4.7km
- Nelson Central School Primary Years 1-6 State 4.8km
- Garin College Secondary Years 9-15 State integrated 5.0km
- Waimea College Secondary Years 9-15 State 5.6km
- TKKM o Tuia te Matangi Composite Years 1-15 State 5.7km
- Motueka High School Secondary Years 9-15 State 28.3km
- Rai Valley Area School Composite Years 1-15 State 29.5km
- Tapawera Area School Composite Years 1-15 State 36.1km
- Golden Bay High School Secondary Years 7-15 State 61.7km
- Marlborough Girls' College Secondary Years 9-15 State 63.3km
- Richmond View School Composite Years 1-15 State integrated 64.0km
- Marlborough Boys' College Secondary Years 9-15 State 64.6km
- Queen Charlotte College Secondary Years 7-15 State 65.6km
- Collingwood Area School Composite Years 1-15 State 83.0km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.
Find out how much home loan repayments will be
It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.
Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.
Photos
Contact Paul Vining
Contact Paul Vining
Paul Vining
139 Pascoe Street, Annesbrook 7011
Request a callback
Paul Vining
139 Pascoe Street, Annesbrook 7011