Thames
646 Pollen Street, Thames, Thames-Coromandel
For Sale by Negotiation
Remediate to remunerate
Explore the potential of 646 Pollen Street, a building redesigned in 1997 to meet tenant needs. Currently leased to a reliable government tenant, it generates circa $76,000pa +GST/OPEX. As the longtime home of the Ministry of Social Development, this well-maintained property stands out.
Offering a substantial land area of 1,015 sqm (more or less) and a 538 sqm (more or less) office space, the property stands as a practical investment. A notable feature is the spacious car park for 13 vehicles, enhancing its appeal.
While the tenant currently doesn't occupy the building, a lease is in place with a request for works. The current owner can't proceed with the required remedial works, presenting a unique opportunity for a new owner to step in, shape the property to meet tenant expectations and unlock its full potential. This investment blends simplicity with promise, inviting you to be a part of Thames' evolving landscape.
Call to discuss the tenant's requirements or future use options.
Josh Smith
Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Opportunity
To add value as Tenant has requested remedial works to be completed
Prime frontage
Situated on Pollen Street with a 21m wide building frontage
Parking
13 car parks at rear for staff
Occupancy
Currently leased to government tenant Ministry of Social Development
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