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Number one office investment in the Wairarapa

101 Chapel Street, Masterton

Office Building
dollar

Tender

Floor area
584m2
Land area
959m2
On this page:

Map

Property details

Listing # 1424 | Listed on 13 April 2022

An office building without parallel in the growing Wairarapa. This very modern property with a terrific high-stud ground floor occupies a very prominent NW-facing corner on SH2 in the centre of Masterton.

Fully leased - it is future-proofed, being spacious, modern and light throughout. There are two principal tenants and two ancillary leases, one being a purpose-built modern storage/garage addition of 76m². There are 17 car parks.

This is also one of Masterton's few two-level buildings with lift access to the second floor.

If pride of ownership and positive tenant relationships matter for you - then inspection of this investment should be a priority.

The net rental, at $60,866.00 is well below market by virtue of the vendor being a philanthropic trust.

Tender closes 12:00pm Thursday 1 July 2021

For further information including access to our data room, please view the property on our website gollins.co.nz


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