â¢Freehold investment returning $111,000 net p.a.
â¢Diversified income across four tenants, including Bayleys Real Estate and Elle + Riley
â¢Centrally located in Matakana within 200m of Matakana Markets
â¢Underpinned by a 1,549sqm fee simple landholding
⢠Potential development site
A seldom-found opportunity to secure a retail character investment located centrally in Matakana.
38 Matakana Valley Road is a tenanted asset returning $111,000 net p.a. from four tenants, including national franchise Bayleys Real Estate and high-end cashmere retailer Elle + Riley.
The freehold title measures 1,549sqm and benefits from rare amenities such as ample car parking and an on-site and fully consented water bore. The property was renovated in 2015 to accommodate its current retail use.
Located in Matakana, some 45 minutes North of Auckland, this property sits at the juncture to a prestigious lifestyle region presenting a wide variety of beaches, national parks, marine reserve, mooring facilities and an all-tides boat ramp nearby.
The property is positioned within walking distance to key amenities such as Matakana Four Square, Matakana Primary School, an extensive range of artisan shops and services, and Matakana Cinema and Markets.
For sale by auction (unless sold prior) at 10am on 17 February 2022 at Bayleys Warkworth, 41 Queen Street, Warkworth 0910.
Contact the sole agents now for further information.