Invest or Live in this City Location with Endless Possibilities192 Collingwood Street
This is an opportunity like no other. . . 192 Collingwood Street has 3 very tidy units all on one title giving you the freedom to do what you choose with the 506sqm central city section and over 300sqm of dwellings. The location is just an easy 5-minute walk from central Nelson City, close to sought-after schooling for all ages and everything you could ever need or want. Unit 1 is on the ground floor of the front building and consists of 2 double bedrooms, separate kitchen, laundry, family bathroom and a good-sized lounge/dining area, and this unit has the benefit of the fenced front yard. Unit 2 is on the upper level of the front building and has 2 double bedrooms, sunroom/office, family bathroom, laundry, a spacious kitchen that flows into an open plan dining/lounge area, and also has the benefit of views out over the neighbouring gardens and to the city. Unit 3 is a standalone 2 story townhouse at the back of the section that has spacious lounge/dining and kitchen, family bathroom, separate toilet and laundry all on the ground level, then venture upstairs to the 3 bedrooms that also have the elevated outlook. Another bonus is there is off street parking for all 3 units which is hard to find so close to the city. There are endless opportunities here, you could live in the back townhouse and rent out the front 2 units, buy as a sound investment and rent out all 3 for a solid return, it could be a family purchase where different generations can pool their funds together and spread out over the different dwellings, and there is even the possibility with council permission to develop the block into modern high density apartment style living close to the city. This is an amazing opportunity.
The units are currently all tenanted, so viewings are limited. Call Team Delany today.