Positioned on the established city fringe at 16C Vanguard Street, this fully leased commercial investment delivers diversified income from two complementary food industry tenants — with minimal landlord involvement required.
The single-level building of approximately 168sqm comprises two separately fitted-out tenancies occupied by Gelato Roma and Moving Foods NZ Ltd, both operating in food manufacturing and distribution. Each tenant has invested significantly in their own fit-out, underpinning occupancy and reducing your capital outlay.
Constructed circa 1980 and substantially upgraded in 2019 — including internal alterations and carpark improvements — the building carries a strong 90% NBS seismic rating. Five on-site car parks and Commercial Zone C zoning provide operational flexibility and support a broad range of future uses.
The property sits within the tightly held Vanguard/St Vincent commercial precinct, within walking distance of the Nelson CBD and with direct arterial access to State Highway 6, the Port of Nelson, and Nelson Airport.
Fully leased, well-rated, and genuinely low-maintenance — this is a clean entry into commercial property ownership with established income from day one.
For Sale $650,000.00 +gst (if any)
