574-578 Pollen Street, Thames, Thames-Coromandel

Multi-Title, Multi-Tenant, Add Value Opportunity

•Multi-tenanted income across three freehold titles.
•Prime frontage on the main street.
•Add-value potential with flexible layout and scope to improve IEP rating.
Positioned on Thames' main street, this three-title investment provides income today while reflecting its IEP position in both price and yield. This makes it a play for cash investors who can recognise the upside in hands-on ownership.
Currently occupied by two established tenants, 574-576 Pollen Street is run as one tenancy but could be reinstated as two shops to diversify cashflow. The adjoining 578 Pollen Street provides a separate income stream, creating a practical multi-tenant footprint.
The property also benefits from rear service lane arrangements with the neighbouring owner, offering functional delivery access to complement its high-profile frontage.
While the overall IEP rating is low, 574-576 meets the minimum standard, giving buyers a compliant base with a clear pathway to add value through future upgrades to 578.
This is not a passive investment. It is suited to cash buyers with the appetite to unlock value through refurbishment, tenant mix, and long-term strategy in a proven regional location.