•Suitable for retail, office, or showroom use
•954sqm (approx.) floor area
•Rear access with car parking
•Vacant space of 662sqm (approx.)
Spanning a landholding of 1,206 sqm (more or less) of commercially zoned land in the heart of Morrinsville, 199 Thames Street offers a prime opportunity for add-value investors, owner-occupiers, or developers to establish a foothold in this fast-growing regional town.
With 662 sqm (approx.) of vacant space, you have the flexibility to lease, use it yourself, or repurpose the area into several smaller tenancies. The adjoining 292 sqm (approx.) is tenanted by “Good as Gold,” a variety store that has been a staple in the community since 2011, providing a steady and reliable presence.
A holding income of approximately $33,000 per annum + GST/OPEX provides time for redevelopment or planning of the vacant space and offers security with a long-standing tenancy in place.
Situated on the main street, the property enjoys high visibility and foot traffic, making it an attractive option for businesses seeking exposure. The rear access with dedicated parking enhances convenience for both staff and customers. The layout of the vacant space is predominantly open-plan, offering a versatile environment that can be customized to suit various business needs.
Whether you are looking to bring large-scale retail to Morrinsville, establish a bustling office, or create a dynamic showroom, this property has the potential to meet diverse requirements. Additionally, the vibrant and growing community ensures a supportive environment for new and existing businesses.
Now is the perfect time to act on this one-off opportunity. Due to the vacant nature of the premises, it's an ideal moment to buy and make it your own. Contact us today to explore the possibilities and secure your future in Morrinsville.