59 Broadway, Matamata, Matamata-Piako

Strong Income, Split-Risk Potential

59 Broadway, Matamata
•100% IEP rating
•Returning $101,200 pa +GST & outgoings
•Main street exposure
•Well-established tenant.
Set in the high-demand commercial strip of Broadway, Matamata, this fully leased investment delivers reliable returns with future flexibility.
Currently returning $101,200pa +GST & outgoings, the 379sqm (approximately) freehold property is occupied by Osteria - one of three well-established restaurants under this respected hospitality brand. Their presence anchors the property with proven foot traffic, high profile and consistent trade.
Previously configured as three separate tenancies, the building sits on one title, offering genuine potential for a future rent lift through reconfiguration. Whether it's increasing rental yield or splitting the tenancy to spread risk, the options are there for a forward-thinking investor.
A 100% IEP rating ensures confidence in the structure and future compliance, while the location delivers foot traffic and long-term relevance in an established retail precinct.
This is an ideal fit for buyers seeking a strong-performing commercial asset with both income now and levers to pull in future.
Auction July 10th 12 pm