Matakana land with holding income

939 Matakana Road, Matakana

Private Treaty

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Matakana land with holding income | 939 Matakana Road, Matakana | 1270207 |      X Close

Matakana land with holding income

•3.0784 hectares fee simple landholding

•Returning holding income of $128,000 net p.a. from two established tenants

•Centrally located in Matakana Village

•Zoned Residential-Single House

A rare opportunity to acquire one of the last undeveloped landholdings within the Rural-Urban Boundary (RUB) in this highly popular North-Auckland village. The property is underpinned by a fee simple landholding measuring 3.0784 hectares. The site is partially leased to Fletcher Building ready-mix concrete and Tumbleweed Nursery on leases expiring in 2029 and returning a meaningful holding income of $128,000 net per annum. (Full tenancy details are available on request.)

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.

The site is formatted to capitalize on the Residential zoning through immediate development of the unutilized area while continuing to benefit from the commercial holding income returned from the balance of the property. Proposed development scheme available on request.

939 Matakana Road, Matakana

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