A compelling opportunity for developers, investors, or hands-on buyers seeking a project with room to expand and modernise. Occupying a high-profile location in the heart of Eketahuna township, this property has traded for many years as a cafe and Op Shop and is now offered ready for new owners and new ideas. The site benefits from having Main Street appeal and rear service access from Bengston Street, providing excellent exposure and future design flexibility. The existing building offers a practical footprint with scope to refurbish and reconfigure, including the potential to create a bright, welcoming customer area making it suitable for food, hospitality, or other retail uses. Whether you are looking to add value through refurbishment, redevelop, or landbank in the bustling township, at this value, this is an opportunity not to be overlooked.

Buyers $185,000+

Owned by the same family for the past 30 years but now part of a deceased estate, the availability of this property for purchase presents a rare opportunity to own commercial property within Masterton's foremost retail precinct. Situated on Queen Street at the very heart of Masterton's CBD, this two-storey building has two retail tenancies on the ground floor and a separate ground floor entrance to a grand stairwell leading up to an extensive office space on the first floor. This space is currently vacant and will require some refurbishing to bring it up to a tenantable condition. Although no engineering assessment has been undertaken, the local authority has deemed the building to be earthquake prone. However, the deadline for completing any seismic work that might be required is not until August 2030. The prime location of this property affords an excellent opportunity for an investor-developer to create premises that are both highly desirable and have the capacity to generate strong yields. Please contact me for additional information and to arrange a viewing.

By Negotiation