•Fully income producing stand alone, returning $49,700pa plus GST/OPEX
•Recently upgraded to 80% NBS Earthquake rating
•Principal tenant on new 6 year lease term
Comprising two tenancies with new fitout underway for an established retail brand for 138sqm (more or less), and with a vendor two year rental guarantee on the smaller vacant tenancy comprising 110sqm (more or less).
Potential for owner occupier here, or passive investment opportunity. Beautifully presented with heritage façade, structurally upgraded to provide a unique quality character space positioned in the heart of Thames commercial sector.
Thames is the hub of the Coromandel Peninsula with a strong commercial sector, wide ranging professional services representation, and a sub 10% “main street” retail vacancy rate. This delightful property enhances the heritage value of Thames CBD which attracts tourists and has a strong primary trade area comprising Hauraki Plains and Thames Coast.