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526 Pollen Street, Thames

Asking price $375,000

Listing Description

Listed: Fri, 7 Jun

Building For Sale

526 Pollen Street, Thames, Thames-Coromandel, Waikato

Details

  •   126m² Floor
  •   126m² Land
AttributeValue
Property use
Retail
Capital value (CV)
$370,000
Agency reference
RT5874

Description

When considering any commercial investment 3 of the key factors to take into consideration are the property’s location, the amount of ongoing maintenance required and the terms of the lease, so it’s an easy 3 ticks for this building. Located right in the middle of Thames’ Main Street there’s lots of foot traffic, partly generated by having both Farmers & Noel Leeming stores as neighbours, this tidy building of approx.100m2 which comes with one car park & access off the service lane to the rear is now available for purchase. By having a brand new roof installed just months ago the maintenance levels are fairly minimal and the lease runs through to 2034 if all the renewal options are taken up. The tenants, Central Seafoods has been a long term favorite with both the locals and visitors alike. Currently rented for just under $20,000 per annum plus GST and outgoings this is definitely an option worth investigating further. Full lease details available. Contact Phil for viewing options.





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Agent's details

Philip Judd

Enquire about the property

Richardsons Real Estate Ltd (Thames) MREINZ

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