40 Arawa Street, Matamata, Matamata-Piako

Literally "bank it"

•Situated in the heart of a strong rural town
•National brand tenant returning $59,325 pa +GST/OPEX
•IEP strengthened above 67%
Put your money in the bank- literally! 40 Arawa Street offers a well-presented building with a national brand tenant- Westpac (NZ) Investments Limited. Earthquake strengthened to above 67% of NBS and a new roof make this property a must for would be investors. Located in the ever popular Arawa Street, within the Matamata CBD where vacancies are limited, giving investors security in the property if it was ever to go vacant.
Matamata is a strong rural town located in the heart of the Waikato supported by the dairy, equine and cropping industries. It is also the home of the world famous "Hobbiton" attraction the movie set remaining from the Lord of the Rings Trilogy.
With deposit rates so low 40 Arawa Street offers a solid investment supported by the local economy that has thrived through Covid representing a premier investment opportunity.