Add value with Josh Smith Bayleys Real Estate
One thing is for sure people are still spending! Despite covid restrictions and lockdowns over the past two years, spending is still up and the bonus of covid is that most of the spending is within our own country. It’s predominately business as usual with a few in the hospitality and tourism sectors being hit the hardestunderstandably so. Focusing this week on tenanted investment options we present to you 26 Albert Street and 7 Monk Street in Whitianga and 82 Arawa Street, Matamata. Multi tenanted and corner sites both 26 Albert Street and 7 Monk Street offer a split risk investment and high profile locations. Albert Street is set to go to auction on March 10th with Monk Street being put out for tender closing on March 10th. Whitianga is fast becoming the go to holiday destination as well as a permanent home for many. One of the fastest growing towns on the Peninsula these two investment opportunities are a must see. You can't go past an essential service provider in this day and age and especially one with a longstanding history, prime location and newly negotiated lease in place. Countdown Matamata is a safe and easy investment for those looking for a good return and a trophy opportunity. The substantial land holding with an abundance of customer parking is a rare find in Matamata and with its central location pivotal for its client base this one can't be missed.interest rates are on the rise and inflation is on the cards so now is as good a time as any to get your feet well placed on the property ladder to secure your future holdings. We have seen some record yields in the past and there is no reason that this won't continue in the future combined with the fact that with retail is going nowhere in hurry these tenanted investments are a safe bet.