Iconic Matakana investment

Lot 2, 1151, Leigh Road, Matakana, Rodney

Auction

Proposed Usage
Retail
Description:
Property ID
1c6lqkd

*** AUCTION POSTPONED - new auction date to be confirmed ***

•Standalone premises on a significant Freehold title measuring 2,913sqm
•Located in the iconic Matakana Country Park
•Diversified profile returning $172,998 + GST and Outgoings pa from multiple tenancies
•Tenants include Stables Restaurant, Smiths Bar, The Craft Co-op, Uptown Tattoo, The Simple Signman and Matakana Carriages

This is a rare opportunity to purchase an iconic character investment located in a popular North-Auckland tourist destination. The property has a diversified cash flow from 5 tenancies returning approximately $172,998 + GST and outgoings pa, including the recently refurbished Smiths Bar and Stables restaurant. Positioned within the Matakana Country Park, the property benefits from the complementary commercial offerings available within the park including a cafe, fitness centre, and conference centre. Further benefited by substantial redevelopment of the commercial area now underway. A full master plan of the park is available upon request. This asset represents a strategic investment with likely perennial upside.

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Matakana Area