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Back 112 Collingwood Street
Off Market

112 Collingwood Street

Nelson Nelson

410 sq.
270 sq.
Other
Gill IrelandGill Ireland, last sold this property on 17 April 2025 after 0 days on market.

Overview

Dominant CBD corner site, fully tenanted

Panama House stands as an excellent freehold commercial property in the popular restaurant precinct of the city. Situated on a high-exposure corner site in Nelson's CBD it presents as a truly prime investment opportunity. The property is fully tenanted, featuring a well-established restaurant operator who has other premises around the country, and a local office tenant. Both tenants have established operations, ensuring consistent rental income. Maintained to a high standard, the building requires no major maintenance and boasts a 100% NBS rating. It generates a net income of $80,000 per annum plus GST and outgoings, making it an attractive proposition for investors seeking a secure asset in a prime location.

Features

410 sq. floor area
270 sq. lot size
Other

Estimated Value

We need at least 3 similar other properties sold in Nelson over the last 12 months.

Property history for 112 Collingwood Street

2025
Sold
Undisclosed
Private Sale/Treaty on 17 Apr 2025 by Gill Ireland, of Bayleys Nelson Be Nelson Ltd

Happy sellers in Nelson

<50%
Less than 50% of sellers in Nelson reported that their sale price either exceeded or met their price expectations.

Nelson stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Nelson over the last 12 months.

Local market activity for other properties in Nelson

In the last 12 months, 1 other similar to 112 Collingwood Street, have been sold.

This represents a 50% increase in other properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Nelson

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Caroline Fletcher

Sellers who recommend Caroline Fletcher have praised them for being local expert, clear communication, responsive, empathetic, honest, friendly and reliable

  •   5   (81 reviews)
  •  2 Reviews in Nelson
  •  2 Sales in Nelson
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Kat Campbell

Sellers who recommend Kat Campbell have praised them for being clear communication, local expert, honest, supportive, friendly, well-prepared and reliable

  •   4.9   (192 reviews)
  •  5 Reviews in Nelson
  •  1 Sale in Nelson
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Dennis Christian

Dennis Christian is a recommended agent for Nelson.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   4.8   (15 reviews)
  •  2 Reviews in Nelson
  •  2 Sales in Nelson
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Chris Leighton

Sellers who recommend Chris Leighton have praised them for being clear communication, local expert, friendly, supportive, responsive, stress-free process and reliable

  •   5   (166 reviews)
  •  2 Reviews in Nelson
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