304 Pollen Street, Thames, Thames-Coromandel

National branded tenant - Entry level investment

• National branded tenant - leading automotive parts distributor
• Strategic location with customer parks and rear service lane access
• Returning $55,352 per annum plus GST and outgoings
• 6 year lease from November 2023 with 3 years right of renewal
• Entry level investment opportunity for passive investor

Our vendors move offshore provides a rare opportunity to acquire this long held well located main street investment property comprising 436sqm (approximately) of retail/warehouse space and 508sqm (approximately) fee simple dual frontage land holding. Operating from the current site for 20 years, BNT Automotive is a blue-chip national tenant trading from over 60 locations in NZ and offers a strong tenant covenant with proven record of business stability. Residential investors may consider adding balance to their portfolio with this solidly performing passive investment offering a net return in an environment where property operating costs are ever increasing.

A rare opportunity to secure an affordable easily managed quality commercial investment in Thames, the engine room of the Coromandel!

Call now for appointment to view.