A very affordable commercial investment on one of Masterton’s most prominent north-facing corners. A sought after mix of both retail and residential with a very solid tenancy history. The seismic rating is 100% NBS (reviewed in 2015). The ground rental is restricted to 5% of rateable land value. The Wairarapa has a great growth story and this property is expected to sell for less than $500,000.
» In the heart of Masterton
» 300m² retail
» 4 apartments
» Long history of full occupancy
» $40,105.00 plus GST net rental
» NBS 100%
» Mast. Lands Trust ground lease = high yield return