119-121 Queen Street, Masterton
price TBC
324m2
640m2
Unique Investment Opportunity in Prime Location
119-121 Queen Street Masterton. Floor Area: 640m2 more or less Land Area: 324m2 more or less • Income derived from both commercial and residential tenancies. • Four flats on first floor - 2 x two-bedroom and 2 x one-bedroom. All flats recently fitted with new heatpumps; one flat has just been repainted and fitted with new extractor over stove, and re-tenanted. • Established retail outlet on ground floor. Recently re-leased by new business owners. • Prominent corner site on the main street of Masterton's CBD. • Convenience of bus stop alongside entrance to flats. • Ground lease paid to Masterton Trust Lands Trust - set at 5% of rateable land value fixed every 7 years. • Net income circa $60k+. • Excellent opportunity to purchase a high yield investment property in the thriving Wairarapa.
Chattels
119-121 Queen Street, Masterton
Web ID
MC74029
Floor area
640m2
Land area
324m2
District rates
$10803.60pa
LV
$245000
RV
$760000
price TBC
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If you're in the market for a property that can provide both a residence and a potential source of rental income, then this is the one for you. With its central location and 647m2 (approx) of land, it offers a fantastic opportunity for buyers looking for a home and income investment. The main residence is a comfortable home that features two generous bedrooms, one bathroom and a large living area. In addition to the main residence, there is also a two bedroom rental attached to the main house, providing an opportunity for rental income or additional accommodation for family members. The property's potential for personalisation and improvement means that it is an excellent opportunity for buyers who are looking for a long-term investment that can grow in value over time. Whether you are looking to create your dream home or generate income through rental properties, this property offers a flexible and customisable option that can meet your needs. The property's location is a significant selling point, with a two minute walk to the Plaza, the center of town and zoned for great schools. This central location makes it an attractive option for renters, increasing the potential for rental income. If you're interested in learning more about this property, don't hesitate to get in touch with me. Don't delay - call today.
Buyers $570,000+
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Here we have on offer a 1990s brick townhouse in a popular location down the end of a laneway. Situated north facing with an open plan kitchen, dining and lounge, two spacious bedrooms, one bathroom and single internal access garaging plus extra parking. All this within a hop skip and a jump to the City Centre, Palmerston North Boys High School also the Palmerston North Hospital close by. A private easy care fenced 465m2 (approx) section offering you seclusion, privacy and security. Perfect for the executive person, singles or retirees. The ideal property for the busy person or where you can lock up and leave for a while. Come see for yourself or call me today to view.
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First time on the market in 16 years! This landmark property presents a rare opportunity to purchase something unique. The property will be sold with vacant possession and could be used in a variety of ways. The land is zoned Commercial (8C), local business, and the buildings feature large open plan areas, plus supporting offices/storage. The large site of over 2000m2 has access from both Cook Street and Ferguson Street. The opportunities are endless with this versatile commercial property. • Land area: 2006m2 (more or less) • Floor area: 574m2 (more or less) • Vacant possession • Zoned Commercial (8C), local business • Large carpark
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