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Exposure cornered!

61 Broadway, Matamata

Retail Property
dollar

Deadline Sale

Floor area
240m2
Land area
253m2
Title type
Freehold
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Deadline sale

Thursday
4:00pm
25
Jun

Map

Property details

Listing # 5806353 | Listed on 22 May

A prime corner location gives this multi-tenanted commercial investment a strong profile.

Located at the intersection of Broadway and Arawa Street, the property has proven appeal to service-based and retail businesses and its tenants - including a beauty shop, insurance brokers, a café and hair salon - ensure a diversified income, with new leases secured or renewed in 2025.

Sitting on a land area of 253sqm (more or less), the 240sqm (approx.) building provides comfortable, air-conditioned space for tenants and an effortless return of $65,669.51 plus GST and outgoings per annum for owners.

Characterised by a strong focus on primary industries, Matamata-Piako’s economy is expected to grow. This augurs well for investors in a town with low retail vacancy rates.

Contact Willem Brown today for further information or to arrange a viewing.

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