Auction:
11am, Tuesday 29 September 2026 (unless sold prior)
1 Estuary Place, Richmond
Our instructions, and the vendor's intentions, could not be clearer: a result is desired on or before Auction Day.
1,108sqm Freehold Section | Development & Renovation Potential | North-Facing Sea Views | Four Bedrooms + Office| As Is Where Is
If you are a builder, developer, renovator or experienced property investor looking for your next project, this substantial freehold property is well worth considering.
The property enjoys a desirable north-facing outlook towards the sea and offers genuine potential for those prepared to take on a significant project.
The existing 1940s dwelling comprises four bedrooms, an office, separate lounge, kitchen and bathroom facilities. The dwelling is in poor condition and requires significant renovation and remedial work. Buyers should approach the property with the understanding that the opportunity is primarily in the land, position and future potential rather than the current condition of the dwelling.
The property may suit a range of options, including:
- Major renovation or refurbishment
- Replacement of the existing dwelling
- Potential redevelopment or subdivision, subject to council requirements and approvals
- A builder's project or development opportunity
- An opportunity for an experienced investor looking for a property with potential
There is plenty here for those with the vision, expertise and resources to unlock the property's potential.
Sold as is, where is. Buyers should undertake their own due diligence regarding the condition of the dwelling, development potential, zoning, services, consents and any future building or subdivision opportunities.
Located just a short drive from Nelson City and Tahunanui Beach, the property enjoys a central and convenient position.
This is a motivated sale, with the vendors providing clear instructions to sell.
Contact Alex or Tom to for more information or to schedule a viewing.
Additional property documents are available for download - simply copy and paste the following link into your browser: https://rwnelson.co.nz/NSN31365
