Matamata
61 Broadway, Matamata, Matamata-Piako
+25
Exposure cornered!
A prime corner location gives this multi-tenanted commercial investment a strong profile.
Located at the intersection of Broadway and Arawa Street, the property has proven appeal to service-based and retail businesses and its tenants - including a beauty shop, insurance brokers, a café and hair salon - ensure a diversified income, with new leases secured or renewed in 2025.
Sitting on a land area of 253sqm (more or less), the 240sqm (approx.) building provides comfortable, air-conditioned space for tenants and an effortless return of $65,669.51 plus GST and outgoings per annum for owners.
Characterised by a strong focus on primary industries, Matamata-Piako's economy is expected to grow. This augurs well for investors in a town with low retail vacancy rates.
Contact Willem Brown today for further information or to arrange a viewing.
1030 Victoria Street, Hamilton
Jun
4pm
Willem Brown
Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Occupancy
Tenanted to a beauty shop, insurance brokers, café and hair salon
Passing income
Split-risk investment returning $65,669.51 plus GST and outgoings per annum
Floor area details
240sqm (approx.) building
Location
Prime corner site at the intersection of Broadway and Arawa Street, Matamata
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