Add Value, Add Strength, Add Returns
Add Value, Add Strength, Add Returns
448 Pollen Street, Thames
448 Pollen Street, Thames
Auction
Auction
Listing ID 2180777
Features
-
200sqm
floor area -
508sqm
land area
Auction (unless sold prior)
|
12:00PM |
Add Value, Add Strength, Add Returns
Agents:
JoshSmith
josh.smith@bayleys.co.nz
+64 27 229 8865
96 Ulster Street, Hamilton Josh Smith josh.smith@bayleys.co.nz false MM/DD/YYYY 1440
96 Ulster Street, Hamilton
Details
| Opportunity | A motivated seller has set an auction date, making this a genuine opportunity to secure a main-street asset with growth potential. |
| Land area breakdown | This 508sqm (more or less) freehold site on Pollen Street is a low-entry investment with future upside. |
| Location | High visibility and accessibility make this main street location attractive for tenants. The rear service lane and parking add further functionality. |
| Anchor tenants | Currently returning $36,000 GST and outgoings per annum, the property provides immediate cash flow with room for growth. |
Description
Add Value, Add Strength, Add Returns
•Strengthen to add value
•Main Street offers prime positioning
•Returning $36,000pa +GST and outgoings
A prime add-value opportunity in the heart of Thames. This 508sqm (more or less) freehold site on Pollen Street is a low-entry investment with future upside.
Currently returning $36,000 GST and outgoings per annum, the property provides immediate cash flow with room for growth. The 200sqm (approximately) building, built in the 1930s, has double brick walls and steel trusses. An 18% NBS rating presents an opportunity to strengthen, upgrade, or redevelop for higher returns.
High visibility and accessibility make this main street location attractive for tenants. The rear service lane and parking add further functionality. Seismic strengthening, layout reconfiguration, or a fit-out upgrade could enhance rental income and capital value.
A motivated seller has set an auction date, making this a genuine opportunity to secure a main-street asset with growth potential.
Thank you for entering our Get finance pre-approved form.
One of our team members will be in touch within 24 hours. Or give us a call now on 0800 521585.
Josh Smith
Hamilton
Licensed under the REA Act 2008
| Mobile: +64 27 229 8865 |
| Office: +64 7 834 3816 |
| josh.smith@bayleys.co.nz |
Features
-
200sqm
floor area -
508sqm
land area
Auction (unless sold prior)
|
12:00PM |
Add Value, Add Strength, Add Returns
Agents:
JoshSmith
josh.smith@bayleys.co.nz
+64 27 229 8865
96 Ulster Street, Hamilton Josh Smith josh.smith@bayleys.co.nz false MM/DD/YYYY 1440
96 Ulster Street, Hamilton
Details
| Opportunity | A motivated seller has set an auction date, making this a genuine opportunity to secure a main-street asset with growth potential. |
| Land area breakdown | This 508sqm (more or less) freehold site on Pollen Street is a low-entry investment with future upside. |
| Location | High visibility and accessibility make this main street location attractive for tenants. The rear service lane and parking add further functionality. |
| Anchor tenants | Currently returning $36,000 GST and outgoings per annum, the property provides immediate cash flow with room for growth. |
448 Pollen Street, Thames
Open in map
Josh Smith
Hamilton
Licensed under the REA Act 2008
| Mobile: +64 27 229 8865 |
| Office: +64 7 834 3816 |
| josh.smith@bayleys.co.nz |
Share listing at 448 Pollen Street, Thames
Please login or register
Login / Register