Back 130 Nile Street
Off Market

130 Nile Street

Nelson Nelson

2
2
1
113 m²
405 m²
House
Marine ConradMarine Conrad, last sold this property on 18 March 2026 after 56 days on market.

Overview

Two Flats, Prime CBD Investment

To download our information pack - copy and paste this link to your browser-https://thecoopergroup.co.nz/properties/130-nile-street/ A rare opportunity to secure a sound investment in one of Nelson's most sought-after central locations, set across two street addresses - 2 Harper Street and 130 Nile Street. This character home is configured as two, fully consented one-bedroom apartments. Currently fully tenanted, this is your opportunity to pick up an investment property and instantly generate income. The flexible nature of the property makes it perfect for dual living options or potentially restoring back to a substantial family home. This highly desired central location also presents redevelopment or longer-term land banking investment opportunities. The lower-level apartment includes a large bedroom and sunroom, along with a generous living area and kitchen. Recent updates include fresh paint and a new heat pump, making it comfortable and warm. The front garden adds charm and offers a pleasant space to relax or entertain. The upper apartment is bright, private and sunny, with its own sunroom and recently updated, spacious bathroom. This apartment has access to the rear garden - well established with mature fruit trees and vegetable beds, creating a peaceful retreat in the heart of the city. A single garage at the rear provides secure parking and extra storage - an excellent bonus in this central location. There are separate access and separate outdoor spaces, allowing privacy for the occupants of each unit. The benefit of having two separate tenancies is the added security and peace of mind across the year, as landlords a less likely to be impacted by vacancies. This has been a sound investment for our owners over the past 10 years, and both tenants are keen to remain. Close to schools, recreational activities and within walking distance to the CBD, 130 Nile Street presents an exceptional proposition - premium position, strong rental history, and flexible layout. A smart acquisition for the astute investor.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
113 m² floor area
405 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Nelson over the last 12 months, the estimated median property value of 130 Nile Street is $752k.

Median value
$752k
Estimated value range
$550k - $1.46m
Median days on market
57
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Nelson. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 130 Nile Street

2026
Sold
Undisclosed
18 Mar 2026 by Marine Conrad, of The Cooper Group

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 13 reviews in Nelson over the last 12 months.

Local market activity for 2 bedroom houses in Nelson

In the last 12 months, 3 two-bedroom houses similar to 130 Nile Street, have been sold.

This represents a 34% increase in two-bedroom houses sales when compared to the previous 12 months.

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