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#2201329

Thames

417 - 429 Pollen Street, Thames, Thames-Coromandel

Watchlist

+12

392sqm

458sqm

Park your funds in a solid investment

Prime Investment Opportunity in the Heart of the CBD. This well-established car dealership tenant has been a cornerstone in the region for years. Occupying three titles in Thames, the property offers dual access via a service lane, ensuring maximum visibility and convenience.
Generating a solid income of $72,500 per annum plus GST and OPEX, this is a reliable investment with a trusted tenant. Secure your stake in this thriving business hub, benefitting from a long-standing tenant and a strategic CBD location.

Auction

(unless sold prior)

96 Ulster Street, Hamilton

Mar

12pm

Open map

Josh Smith

Hamilton

+64 27 229 8865

josh.smith@bayleys.co.nz

Success Realty Ltd, Bayleys,

Licensed under the REA Act 2008

Features

Anchor tenants

"Linn Motors" has utilised this site for decades and is well known within the region for its dealership of new and trade-in vehicles as well as servicing and repairs.

Floor area details

The building comprises a showroom, office, storeroom and adjoining mechanics workshop and has a combined footprint of 290sqm (more or less).

Lease

Term of five years with three renewal rights of five years and a final expiry of 30 March 2041 this longstanding and proven business provides a solid investment opportunity.