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28 Riverside

Nelson Nelson

2
1
1
110 m²
506 m²
House
Currently for sale - view listing

Overview

Renovate, Develop or Landbank

After proudly calling this property home since 1981, the current owner is ready to begin an exciting new chapter, creating an exceptional opportunity for the next owner to secure one of Nelson's most sought-after landholdings. Positioned just minutes from the vibrant Nelson CBD, this is a property packed with potential. Whether you're a developer looking to unlock the value of the site, a renovator ready to transform an original home, or an astute investor searching for a prime location, 28 Riverside deserves your immediate attention. Offered to the market at Enquiries Over $959,000, this property is priced significantly below its current RV of $1,070,000, presenting outstanding value in a tightly held location. Set on a 506sqm freehold section, the existing 1940s home offers approximately 105sqm of accommodation, providing plenty of scope to renovate, extend, or explore future development possibilities, subject to the necessary council approvals. Location is everything, and this address delivers. Enjoy the convenience of being within easy walking distance of Nelson's cafés, restaurants, shopping, schools and city amenities, making it an incredibly appealing proposition for homeowners and developers alike. Adding further peace of mind, the owner has lived here for more than four decades and confirms the property has never experienced any flooding issues during her ownership. Opportunities like this are becoming increasingly rare. Secure a premium city-fringe address, add value through renovation or redevelopment, and capitalise on a location where demand continues to remain strong. The owner's motivation is genuine and she is ready to move on to her next chapter. Don't miss your chance to make this remarkable property the beginning of yours. Contact us today.

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
110 m² floor area
506 m² lot size
House

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 15 reviews in Nelson over the last 12 months.

Local market activity for 2 bedroom houses in Nelson

In the last 12 months, 4 two-bedroom houses similar to 28 Riverside, have been sold.

This represents a 20% increase in two-bedroom houses sales when compared to the previous 12 months.

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