Prominent main street location


186 Thames Street, Morrinsville

Asking Price NZD $695,000 + GST (if any)

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Prominent main street location | 186 Thames Street, Morrinsville | 2311241 |      X Close
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Prominent main street location


Prominently situated along Morrinsville's busy main street, 186 Thames Street offers a land area of 506sqm (more or less) with significant profile for any potential purchaser. Featuring substantial frontage allowing the property to capitalise on the considerable foot and vehicle traffic in the vicinity. The well-presented building boasts a 420sqm (more or less) footprint comprising a large, open plan retail area at the front and offices split across two levels at the rear.

With a net lease of $50,000 in place for 12 months from the date of possession and with two rights of 6 months giving the new owner a substantial holding income, the property offers several use options from tenanting as is, redeveloping or re-purposing for an owner occupier.

With its strong rural community serving one of New Zealand's most prosperous dairy farming areas, limited commercial properties on offer in the region and surrounded by national brand tenants including Farm Source, PGG Wrightson, The ToolShed and Cleland Hancox, the location has been recognised for its high-profile main street presence making this an opportunity not to be missed

Josh Smith

Hamilton

Licensed under the REA Act 2008

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186 Thames Street, Morrinsville

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Josh Smith

Hamilton

Licensed under the REA Act 2008

View profile