Listing Description
Main Street presence with diversified income
149-153 Whitaker Street, Te Aroha, Matamata-Piako, Waikato
To be sold by auction on 19 Mar, 2:00 pm
Details
| Attribute | Value |
|---|---|
| Property use | Retail |
| Property ID# | JPL409 |
| Agency reference | 5804168 |
Description
*Multi tenanted investment – providing split risk *Quality refurbishment and upgrade completed in 2006
Positioned prominently on Te Aroha’s main street, 149–153 Whitaker Street presents a compelling commercial investment opportunity.
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.
With approximately 107sqm of vacant space available to lease, the property offers a clear opportunity to enhance rental income and further strengthen returns.
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.
The property is for sale by way of auction at 2pm, Thursday 19th March 2025 (unless sold prior).
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