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Matamata

12 Peria Road, Matamata, Matamata-Piako

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286sqm Floor area
1,214sqm Land area SQM

Asking Price NZ$1,400,000

Reap the benefits - four incomes


•286sqm (approx.) floor area
•1,214sqm (approx.) land area
•Fully occupied, low maintenance units
•Currently returning $70,460 (approx.) pa
An easy choice for an investor, this tidy complex of four units, is fully occupied and superbly located. Occupants can stroll the short 400m distance into town. With so many amenities in walking distance, tenancy demand will always be high. Each unit has two double bedrooms, an HVAC, separate laundry, a rear courtyard, a trim front lawn and an internally accessed carport. The section is fenced and low maintenance, perfect for a busy landlord. With four yields off one property, landlords can achieve good investment stability, minimal void periods, a constant stream of income and excellent cash returns. A desirable asset, these low-risk units will greatly benefit an investment portfolio.

Willem Brown

Willem Brown


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Four


yields off one property

High


occupancy rates

Significant


land holding in central Matamata