Rural investment oozing potential
4711-4715, State Highway 29, Matamata, Matamata-Piako
- Proposed Usage
- Development Site
- Land Area
- 293320.00 m²
- Auction Date
- 12:00 - Aug 15, 2019
- Property ID
This trifecta of an investment is a three-way winner collectively returning circa $285,000 pa +GST. Potential exists for future development and leasing opportunities. The package comprises three diverse properties on individual titles in prime dairy country.
State highway frontage ensures high profiles for the multiple commercial tenants that occupy part of this significant slice of real estate strategically placed between Tauranga and Hamilton.
Winton Stockfeeds Ltd and Animal Bedding Supplies are based on an 8ha site along with Agrivision occupying the substantial 2300m2 Warehouse. All tenancies are effortlessly accessible and have ample parking. Further returns are generated through productive cropping on 29.330ha of leased land.
Rounding off this astute investment is a large modern family home and a rented cottage. The spacious 370m2 house sits on a private 7002m2 lifestyle block some 10 minutes from Matamata. Rarely does a comprehensive investment of this magnitude present itself where manifold returns and potential for growth are so strong.