Te Aroha, Matamata-Piako

Retail
AUD $499,619
NZD $599,000
Published on: 08 Jul 2026
Last updated on: 04 Aug 2026
Te Aroha, Matamata-Piako
Te Aroha, Matamata-Piako
Te Aroha, Matamata-Piako
+13
Te Aroha, Matamata-Piako
  • 13
Property ID: 380066134532
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Key property information

Land Size
505.00 m2
Floor Area
331.00 m2

Diversified income with 7.56% yield

Te Aroha, Matamata-Piako
Quality refurbishment and seismic upgrade to code completed in 2006 Returning $45,000pa + GST Positioned prominently on Te Aroha’s main street, 149–153 Whitaker Street presents a compelling commercial investment opportunity with a high yield.This modernised asset comprises three retail tenancies, providing the benefit of diversified income. Excellent on-street parking directly in front of the property, together with rear access and additional parking, ensures ease of use for both tenants and customers.The building underwent a comprehensive refurbishment and structural upgrade in 2006 by Fletcher Construction. Works included a new roof and full seismic strengthening, a significant advantage in today’s investment environment.Featuring a well-presented façade, practical layout, and strong exposure on Te Aroha’s primary commercial strip, this property will appeal to local and regional passive investors seeking a secure, value-add investment.

Property Details

Basic Info

Property Type
Retail
Land Size
505.00 m2
Address
Te Aroha, Matamata-Piako
Contact Agent
Alex ten Hove
Alex ten Hove
Luke Ten Hove
Luke Ten Hove
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Alex ten Hove
Alex ten Hove
Luke Ten Hove
Luke Ten Hove
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      Property ID: 380066134532

      Original Property ID: 42975472
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