Property Description
Last year’s complete refurbishment of this prime Wairarapa investment property saw colossal amounts of steel and concrete added to take the building to a minimum 75%+ NBS.
The accountants on the first floor (400m2) have been here since 1984 and have now taken a new 8-year lease. The entire ground floor (1040m2) is leased on a new 6-yr term (plus renewals) to Crackerjack, owned by a rich-list NZ family that jointly founded The Warehouse.
» $245,500.00 net rental (plus GST) – tenants pay all outgoings
» Masterton Library $10.75m upgrade just confirmed directly opposite
» Advantageous rent reviews – definite rental and capital growth
» 2023 strengthening and upgrade included new power connection, switchboards etc
Contact Chris or Olly Gollins for a detailed property information pack.

Strengthened and Completely Refurbished

75-81 Queen Street, Masterton

1,560 m²
Basic Details
Listing ID : 1745
Listing Type : For Sale
Land Area : 1,354 m²
Floor Area : 1,560 m²
Contact Agent