9 Belvedere Road, Carterton

By Negotiation
845m2
Land Area
300m2
Floor Area

+9

+8

Bang for buck on Belvedere!

Step into the charm of the 1950's with this solidly built 300m2 (approx.) gem on Belvedere! Set across three titles, totalling 845m2 (approx.) of land, this native-timber adorned building was built to last. Located just metres from Carterton's bustling main street, cafes and business, convenience meets potential. Currently partially occupied by an accountant's office, with numerous rooms unoccupied, this property offers you the potential to add value and increase your yield. Additionally, a separate self-contained unit situated at the rear of the property further enhances value and opportunity. Whether you are a first-time investor venturing into the commercial sector or a seasoned pro expanding your portfolio, this property should not be overlooked. Don't miss out on the chance to make this investment yours. Viewing is essential, see the opportunity for yourself! **The self-contained unit comes as is, where is, due to modifications made by the previous tenant.

9 Belvedere Road, Carterton

Web ID

FEC178941

Floor area

300m2

Land area

845m2

District rates

$7,513.00pa

RV

$300,000

By Negotiation
View by appointment

Contact


Liam Abbott

Liam Abbott

027 534 0663

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Property enquiry

Property enquiry for
FEC178941
Catherine Jacques

Catherine Jacques

021 892 315

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About the location


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$55,000 + GST + SAV

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

Located in the heart of High Street North, Carterton, amongst the bustling cafes and local businesses and opposite Memorial Square, you will find 83-87 High Street North. The existing building is earthquake-prone and untenantable in its current state. Demolish and start again with your own blank canvas and embrace the prospect of a new venture! Spanning 766m2, this prime piece of commercial land offers dual access points from both High Street and Stubbs Lane, ensuring seamless deliveries and convenient staff accessibility. Benefit from maximum exposure with street frontage and the added convenience of street parking for clients and customers. The potential for this site is vast, with possibilities ranging from a multi-story structure to a single-level establishment - you decide the potential! Features: • 766m2 commercial land • Dual access points • High Street frontage Don't miss this exceptional opportunity, the vendor is motivated for quick action!

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