CBD Investment Opportunity
Land & Buildings
Cnr King & Queen Streets, Masterton

• Sound Investment Opportunity in Masterton central business district
• Zoned - Urban Business Retail
• Land area - 2658 m2 on two titles
• A well-presented retail showroom and implement shed
• Car-parking

REDUCED TO LOW $900,000's

Site Description
The property is a high profile corner site at the northern end of Masterton's central business district.
It is a level section of land consisting of two Titles with a total land area of 2658 square metres.

The road frontage on Queen Street measures approximately 61 metres and on King Street measures
approximately 44 metres. There is ample parking in the area as well as off-street parking within the site itself.
The balance of the land comprises buildings totaling approximately 640 square metres.

The Buildings

Showroom and workshop
The main building on the property comprises the showroom and workshop. Measuring 870m2, this building has
a single formed concrete floor, single brick and concrete walls, heart rimu roof trusses and a six year old zincalume
roof. There is sliding door access to King Street from a loading bay and roller door access to the yard.
There is an office, staff room and two toilets.

Implement Shed
The Implement shed is of steel construction. It measures 14 x 13 metres plus the 12 x 13 square metre enclosed
workshop. The implement shed is bolted to ground anchors, making disassembly and removal relatively easy if required.

Surrounding Area

Neighbouring properties within the immediate vicinity of 14-18 Queen Street include:

• The ASB Bank
• Liquor King
• New World Supermarket
• Reeves Office Supplies
• Mitre 10

Opportunity
There is the possibility through negotiation to purchase the adjoining property which is currently tenanted. The site
measures 1350m2.

Disclaimer
Please note - While every reasonable effort has been made to ensure the above information is correct, no responsibility
is accepted for any errors or omissions.