162 Queen Street, Masterton
price TBC
316m2
550m2
Masterton commercial icon
After 28 years of ownership and being well into their retirement the owners have decided to sell this landmark Masterton commercial building constructed in 1956 for the Colonial Mutual Life Assurance Society. Located in the CBD on the northern corner of Queen and Perry Streets, the building enjoys a high profile which is accentuated by its solid construction over two levels and unique Art Deco Style. The facade of the building is regarded as architecturally significant and is listed as a heritage item in the Wairarapa Combined District Plan. The eastern and southern frontages, which open to the street, feature multiple large windows making the ground floor ideally suited for retail use. Currently, the ground floor is configured as three tenancies - all of which are leased. The first floor, accessed via a central stairwell opening from the footpath at the side of the building off Perry Street, comprises nine rooms of varying sizes along with separate women's and men's toilet facilities. Most of the building's original internal features on the first floor, including the stairwell and mosaic-tiled entrance foyer, have been retained and are in excellent condition imbuing a characteristic period feel. Street views from the second level out through steel framed windows, which give the interior an industrial chicness, add to its appeal. The first-floor rooms have been routinely rented for use as offices and studios, but the floor as a whole lends itself perfectly to development as apartments offering boutique -inner-city- living. The property, which encompasses two freehold titles, includes two off-street carparks. Additional information about this very unique and desirable property is available on request. All viewings will be by appointment and restricted to weekdays (Monday to Friday) between 10.00am and 4.00pm.
162 Queen Street, Masterton
Web ID
CC167618
Floor area
550m2
Land area
316m2
District rates
$12,422.30pa
RV
$820,000
price TBC
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About the location
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Located smack bang in the middle of Eketahuna's 'Golden Mile' is this prime piece of commercial property. At 98m2 (approx) it presents a good size and opens it up to a huge range of options for any business. Heating is by way of a freestanding fireplace and has an easement for access to the rear of the building. With well-appointed businesses either side of you, you get great foot traffic. This is very much a blank canvas, a place where you can put your own stamp on it and become your own boss!
$180,000 + GST (if any)
After 28 years of ownership and being well into their retirement the owners have decided to sell this landmark Masterton commercial building constructed in 1956 for the Colonial Mutual Life Assurance Society. Located in the CBD on the northern corner of Queen and Perry Streets, the building enjoys a high profile which is accentuated by its solid construction over two levels and unique Art Deco Style. The facade of the building is regarded as architecturally significant and is listed as a heritage item in the Wairarapa Combined District Plan. The eastern and southern frontages, which open to the street, feature multiple large windows making the ground floor ideally suited for retail use. Currently, the ground floor is configured as three tenancies - all of which are leased. The first floor, accessed via a central stairwell opening from the footpath at the side of the building off Perry Street, comprises nine rooms of varying sizes along with separate women's and men's toilet facilities. Most of the building's original internal features on the first floor, including the stairwell and mosaic-tiled entrance foyer, have been retained and are in excellent condition imbuing a characteristic period feel. Street views from the second level out through steel framed windows, which give the interior an industrial chicness, add to its appeal. The first-floor rooms have been routinely rented for use as offices and studios, but the floor as a whole lends itself perfectly to development as apartments offering boutique -inner-city- living. The property, which encompasses two freehold titles, includes two off-street carparks. Additional information about this very unique and desirable property is available on request. All viewings will be by appointment and restricted to weekdays (Monday to Friday) between 10.00am and 4.00pm.
By Negotiation
• Heart of CBD • Four rooms on the first floor overlooking Queen and Perry Streets • Ideal office or funky studio-retail space • Basic kitchen facilities • Shared Toilets • Fibre
$8,000 pa + GST
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