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  • Buyers from home and abroad are splashing out on Nelson seaside living, snapping up nearly half  of the planned multimillion-dollar Ocean View apartments.

Bayleys Nelson real estate agents said four of the 16 pre-sold Ocean View apartments were penthouse suites valued between $1.75 million and $1.85 million.

Since August last year, the five-story block tagged for Beach Rd, Tahunanui, has seen a few adjustments with the number of dwellings dropping from 39 to 37 and prices rising from $470,000-$1.4m to $645,000-$1.86m lots.

But buyers are honing in on the five-storey Wakatu Incorporated-design overlooking Tahunanui Recreation Reserve, which is being sold in two phases.

READ MORE:
* Average Nelson house price tops half a million
* Nelson-Tasman’s housing market ‘frenzy’
* First-home buyers priced out of property market

An artist’s impression of the Ocean View apartments to be built in Tahunanui, Nelson.

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