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Multi-Tenanted Commercial Cash Cow

191 Thames Street, Morrinsville

Retail Property
dollar

Deadline Sale

Floor area
924m2
On this page:

Deadline sale

Thursday
4:00pm
02
Oct

Map

Property details

Listing # L35360971 | Listed on 28 August

Positioned in the heart of the Morrinsville main street, this rare opportunity comprises of six ground floor business premises plus two residential units on the upper level.

The ground floor is home to well-established tenants including Pattison Jewellers, Cathay Takeaway, Imagine If, and a newly leased business, ensuring reliable income streams. To the rear, with convenient back-street access, you'll find an additional privately leased office area along with the Contact Care business.

With a strong mix of commercial and residential tenants, this property provides excellent income diversity and long-term investment security.
Our motivated vendors are committed to meeting the market, and early inspection is strongly recommended.

Key features include:

  • High profile location
  • Unique character architecture
  • Land area: 924m2
  • Business Zoning
  • Dual street frontages for maximum exposure
  • Spread of risk with 8 tenants
  • Expected commercial rental income of $104,893 + GST and OPEX
  • Expected residential rental income of $43,680
  • Earthquake rating of 67%

For further details or to arrange a private viewing, please don't hesitate to contact Dave 027 457 9060 or Neil 027 662 2186 today.

For sale by deadline (unless sold prior) 2nd October 2025.

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