Don't throw your money down the drain
318-320, Pollen Street, Thames, Thames-Coromandel
- Proposed Usage
- Floor Area
- 660.00 m²
- Land Area
- 951.00 m²
- Auction Date
- 12:00 - Dec 05, 2019
- Property ID
320 Pollen Street offers any investor a hands free low maintenance investment with Plumbing World as your anchor tenant. The property is well positioned on Thames's main street with excellent exposure to both vehicular and foot traffic. The rear of the property is accessed via a service lane allowing for ease inward and outward goods. Alongside the plumbing tenancy is Thames Acupuncture an ACC approved acupuncture and massage provider.
The 950sqm (more or less) site houses 660sqm (more or less) of building with a 291sqm (more or less) fenced yard at the rear opening in to the service lane. Plumbing World occupy the majority of the property including the yard with a large warehouse and well-presented street front showroom.
Both tenancies are returning a combined $57,500 + GST/OPEX pa in this property that has an excellent IEP making this a must for any investor.