Bayleys Real Estate Ltd
Residential
Commercial
Rural
Property Services
News and Editorial
Auctions

Thames

620 Pollen Street, Thames, Thames-Coromandel

Watchlist
Share
588sqm Land area SQM
810sqm Floor area

Above and beyond the rest


• Split risk with three tenancies
• Returning $108,915.75pa + GST and OPEX
• Seismic rating 70% of NBS
• Main Street with rear access
620 Pollen Street, Thames, offers a robust investment opportunity featuring a mix of commercial and residential tenants. This property boasts a solid seismic rating of 70% NBS, providing peace of mind for investors, tenants, and lending institutions alike.
The property includes three commercial spaces on the ground floor, currently tenanted by a bakery, superette, and an Indian restaurant. Each commercial tenant also occupies a residential flat on the first floor, with access from both the main street and a rear service lane. The superette, occupying the largest commercial space, benefits from a rear storage unit and two dedicated car parks, while the other tenancies share an additional two car parks.
Investors will appreciate the property's strong seismic rating, which exceeds the minimum standard and is highly regarded by national tenants, government tenants, and insurance companies. This feature ensures long-term stability and security for the investment.

Asking Price NZ$1,925,000 + GST (if any)
Josh Smith

Josh Smith

Commercial and Industrial Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Location


Main Street location with rear access

Occupancy


Split risk with three tenancies

Seismic (NBS rating)


Strong seismic rating of 70% NBS

Floor area details


810sqm (approx.) over two levels

Have your questions answered

Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.

Request more information

Contact us and have your questions answered.