Exceptional Development Opportunity on Nelson's Growth Corridor.
GBU Realty Limited is proud to bring to the market 170 Rutherford Street, Nelson.
Positioned in a high-profile location on Nelson's main arterial route, 170 Rutherford Street represents a rare large-scale development opportunity just a short walk from the Nelson CBD.
The large 5,180 sqm freehold site is spread over 12 freehold titles and offers outstanding visibility, easy access, and dual appeal to developers and investors seeking scale and future growth on one of Nelson's growth corridors.
Currently leased to Houston Motors Blenheim Limited with a demolition clause in place, the property provides holding income while retaining flexibility for redevelopment. Zoned both Inner-City Fringe and Residential, and further supported by Plan Change 29, the site enables a wide range of potential uses including high-density residential, mixed-use, or commercial development- with building heights permitted up to 24 metres (subject to Council consent).
With Nelson's ongoing growth and increasing demand for quality urban living and mixed-use spaces, this is an exceptional opportunity to secure a premium city-fringe site with significant scale, profile, and potential.
