Commercial
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Backed by a bank

515 Pollen Street, Thames

Investment Opportunities
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Auction

Floor area
529m2
Land area
819m2
Title type
Freehold
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Auction

Thursday
2:00pm
1030 Victoria Street, Hamilton
19
Mar

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Property details

Listing # 2180813 | Listed on 4 February
  • Secure income with proven tenant
  • Internal configuration to suit tenant
  • Strategic regional location
515 Pollen Street is a two-level commercial building leased to Westpac Bank, providing established income with defined medium-term certainty.

The property returns $76,755 per annum plus GST and outgoings. The tenant renewed its lease in December 2025 for a further three years, extending occupation through to 2028 and offering income continuity while allowing an incoming owner to manage future discussions.
The ground floor is configured for public-facing banking use, including customer service areas and ATM facilities, with the upper level dedicated to administrative offices and staff amenities. This layout supports efficient day-to-day operation and long-term occupation.
Thames serves as a regional service centre for the wider Coromandel and Hauraki area, supporting ongoing demand for essential services.
The building has benefited from completed strengthening works, supporting continued commercial use. The focus remains on income security, tenant quality, and a property that continues to perform as intended.

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