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.

•Established retail outlet on ground floor.

•Prominent corner site on the main street of Masterton's CBD.

Ground lease paid to Masterton Trust Lands Trust - set at 5% of rateable land value fixed every 7 years.

Net income circa $51.6k.

Excellent opportunity to purchase a high yield investment property in the thriving Wairarapa.

For additional information please contact Greg Ariell on 027 435 6327 or at grega@pb.co.nz