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Matamata

19-31 Arawa Street, Matamata, Matamata-Piako

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2,584sqm Land area SQM
1,143sqm Floor area
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First time on the market after some 55 plus years!


• Substantial office buildings of 1,143sqm (approximately)
• Sizeable 2,584sqm commercial landholding (more or less)
• Professional offices with strong tenant credentials from six leases
• Solid income earner returning $195,517 + GST p.a and OPEX
• Sought after town centre position in tightly held business precinct
• Split risk investment property for peace of mind and long-term hold

Positioned in the thriving township of Matamata, this substantial single level office complex must appeal to astute investors seeking to secure a split risk / multi tenanted asset. The fully leased premises offers a diversified income stream from a quality mix of professional consultants plus a cell tower.

Long established anchor tenants Edmonds Marshall Lawyers and Anexa Veterinary Services together with Imatec Solutions, Lotus Psychology, Physio Direct and Connexa Limited, provide a destination professional office hub in the heart of downtown Matamata.

Seldom does an investment opportunity present itself to the provincial commercial market with such strong tenant credentials, impressive annual net income and being situated in a very stable regional locality.

Given this asset is on the market for the first time after some 55 years of the same family ownership, this is arguably a quality acquisition for any property portfolio!

For more information call the sole agents today!

Auction
(unless sold prior)

247 Cameron Road, Tauranga

12
Mar

Time1pm
Calander
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Brendon Bradley

Brendon Bradley

Commercial Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Ryan Bradley

Ryan Bradley

Commercial and Industrial Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Josh Smith

Josh Smith

Commercial and Industrial Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Land area breakdown


Sizeable 2,584sqm commercial landholding (more or less)

Floor area details


Substantial office buildings of 1,143sqm (approximately)

Lease


Professional offices with strong tenant credentials from six leases

Location


Sought after town centre position in tightly held business precinct

Passing income


Solid income earner returning $195,517 + GST p.a and OPEX

Opportunity


Split risk investment property for peace of mind and long-term hold

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