Price reduced – vendor wants action

Secure a high-quality commercial investment in the heart of Matamata, the gateway to the world renowned Hobbiton Movie Set. This well-positioned property benefits from strong foot and vehicular traffic generated by tourists, commuters and loyal local patrons.

The building offers an excellent combination of open-plan and alfresco dining, a substantial kitchen and bar area, and an adjoining conference room providing versatility for the long-standing tenant. The freehold site includes generous rear car parking and fronts State Highway 24, making it a convenient stop for passing travellers.

Extensive architectural renovations were completed in 2019, and the tenant has invested significantly in the fit-out, underscoring their commitment to the location. With a secure lease in place and strong tenant history, this property presents a compelling investment opportunity.

Features:

• Freehold land area of 1,657 sqm (more or less)
• Well-presented building with ample rear car parking
• Highly regarded tenant with extensive fit-out
• Four year lease from June 2025 with rights of renewal

More information: https://www.colliers.co.nz/p-NZL67038995