Turn the tables with this investment

513, Pollen Street, Thames, Thames-Coromandel

$1,100,000

Proposed Usage
Industrial
Floor Area
460.00 m²
Land Area
657.00 m²
Description:
Property ID
1c75924

Located in the heart of Thames, 513 Pollen Street, Thames offers a prime tenanted investment you can sit back and relax with.
With a new lease in place including built in rental growth over the next 2 years to $62,500 on 1 June 2020 and $67,500 on 1 June 2021, and recent earthquake strengthening being completed bringing the building up to 90% NBS, this is the type of hands off, feet up investment you dream about.
Surrounded by neighbouring national brand tenants Farmers, Westpac, BNZ and Noel Leeming, the property sits in the middle of an area recognized by many as the central hub of activity in the bustling town.
513 Pollen Street, Thames has everything the astute investor needs with a strong lease, excellent IEP and a prime location this one should not be overlooked.

Enquire about this property

Thames Area