On The Square, Martinborough, South Wairarapa

By Negotiation

1,050m2

Land Area

412m2

Floor Area
+45
+44

On the Square - A prime commercial investment

2 Memorial Square, Martinborough Building Area: 400m2 (more or less) Site Area: 1,050m2 (more or less) For Sale by Negotiation Rarely available. Strategically positioned. Full of Potential. Welcome to 'On the Square' - 2 Memorial Square, Martinborough. Positioned on a prime corner location in Martinborough's iconic Square, 'On the Square' presents an outstanding opportunity to secure a highly sought-after commercial property with multiple income streams, diversified tenancies and genuine future potential. Set on a generous 1,050m2 site with approximately 400m2 of buildings, the property benefits from a diverse mix of tenancies providing multiple revenue sources and spreading investment risk across a range of occupiers and uses. This diversified income profile offers an attractive foundation for investors seeking a secure income while exploiting potential for further growth. With Martinborough's renowned wine, hospitality, tourism, and retail offering drawing visitors from across New Zealand and overseas, the town has firmly established itself as a premier destination. Its vineyards, cellar doors, restaurants, cafes, boutique retail, and vibrant events calendar generate high volumes of visitors, with value add from an established local community. At the heart of it all is Martinborough Square - a natural meeting point for locals and visitors alike. 'On the Square' puts your investment right in the middle of this activity offering excellent visibility and exposure in a location that continues to attract people year-round. Key Features: • 1050m2 land area • 400m2 floor area • Prime corner position within Martinborough Square • Multiple existing tenancies • Multiple and diverse income streams • Diversified risk • Potential for further development and income generation, subject to the necessary consents • Positioned in one of the Wairarapa's most sought-after commercial destinations. If you are looking for a commercial investment with strong fundamentals, diversified income and genuine future potential, 'On the Square' deserves your attention. Prime location. Multiple income streams. Substantial landholding. Future upside. Enquire today to find out more.

On The Square, Martinborough, South Wairarapa

Web ID

CC232920

Floor area

412m2

Land area

1,050m2

District rates

$8,621.36pa

LV

$800,000

RV

$940,000

By Negotiation

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Greg Ariell

Greg Ariell

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CC232920

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CC174886

309m2

Land Area

570m2

Floor Area

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

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