• 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.
