Auction Location: Colliers Matamata Office
This substantial freehold investment property is centrally located in Matamata, in the heart of rural Waikato. The site extends to 2,024m² and hosts a well presented 701m² building, together with 22 onsite car parks and wide street frontage.
The property is leased to a long established veterinary clinic, with the lease running through to March 2035. Current rental is $139,388 per annum, with annual CPI reviews plus market rent adjustments, providing both certainty and upside over the balance of the term. The tenant's security is closely tied to the strength of the surrounding rural economy, with Matamata and the wider Waikato region underpinned by a strong and enduring agricultural base, supporting consistent demand for veterinary services in the district.
The building has been assessed at 70% of New Building Standard (ISA 2018), giving purchasers confidence around seismic performance. Flexible business zoning also provides genuine scope for future expansion, adding further long term value to this opportunity.
This listing represents a rare chance to secure a well located commercial investment with a strong lease covenant, structured rental growth, and a tenant whose ongoing viability is anchored in one of New Zealand's most productive rural economies.
For more information contact Simon or Blair today.
Features:
• Lease expires 31st March 2035
• Annual CPI rent growth
• Net rental $139,388 p.a plus GST
• 2,024m² business zoned site
• Substantial 701m² building
• Room for expansion
• Building 70% of NBS (ISA 2018)
• Long establish Vet tenant
• Ample onsite customer carparking
For Sale by Auction at 11am, Thursday 15th October 2026 at the Colliers Matamata Office (unless sold prior)
