Delivering stability and superb upside, this well positioned commercial property on Matamata’s Broadway balances reliable cashflow with strategic long-term value. Its split-risk tenancies, income streams and location advantages ensure investor appeal.
Set on an approximate 817sqm (more or less) site, the substantial 616sqm (approx.) building is comprised of one tenanted commercial space returning $48,279 plus GST and outgoings per annum, one vacant commercial tenancy (approximately 57sqm) and a Healthy Homes Compliant upstairs five bedroom flat, with an annual return of $31,200 per annum.
A service lane and rear access suit tenants’ needs and the 67% NBS seismic score provide great peace of mind. Appealing to passive investors seeking stable returns, portfolio builders wanting diversified income streams and commercial property buyers looking for strong location fundamentals, this astute investment ticks all boxes.
Contact sole agent, Willem Brown, for further information or to arrange a viewing.