149-153 Thames Street

The vendor has made it clear, and is ready to sell this exceptional main street commercial investment in the heart of the fast forward township of Oamaru. This is your opportunity to become the owner of this 100% NBS rated building showing great returns in a position with an unparalleled profile. There is potential here to provide for an owner-occupier type scenario with the main ground floor lease soon becoming available. Capable of returning in excess of 10 % when fully leased. Vendor finance is now available to an approved purchaser!
Located opposite the intersection of State Highway One, where Thames Street and Severn Street connect with a very prominent road frontage from 2 directions, easy parking access on a side street, plus dedicated parking to the rear.
Consisting of a main commercial premises, currently tenanted but soon to be vacant. Five other lease-able office or retail spaces, all with leases in place. There are 14 dedicated car parks at the rear of the building, which are accessed off Coquet Street, and currently all leased.
This is a substantial building in a prominent location, in a town that is consistently being touted for it's tourism growth and future potential. The perfect location to expand our investment portfolio into, or base your future service or retail venture.
Asking price is plus GST if any. Viewing by appointment. Contact Alan to view or find out more.