129 Thames Street, Morrinsville offers a multi tenanted investment on 3,844sqm (more or less) of land and a floor area of 538sqm (more or less). The property has significant frontage to Thames Street with rear access to Anderson Street offering duel access for vehicular access.
With two well-known tenants being Morrinsville Hire Limited and NV Motorcycles Limited the property is returning circa $72,000pa +GST. This prominent location offers the owner a prime position in Morrinsville with high visibility from the nearby State Highway 26, at any point if the property were to become vacant its prominent positions would be attractive to a wide range of tenants.
Morrinsville is a strong rural town in the heart of the Waikato servicing a large rural sector dominated by dairy and beef farming. With close proximity to Hamilton, Morrinsville has experienced a high demand in commercial and industrial properties making 129 Thames Street a must to add to your investment portfolio.