Bring your imagination (and your builder) to 174 Chapel Street -
Deadline Sale 2pm Thursday 12th February 2026 (will not be sold prior)

A spacious 130m2 (more or less) 1965 home brimming with potential in one of Masterton's most sought-after locations.
This four-bedroom, one-bathroom property has sadly suffered fire damage to the kitchen, laundry, and rear of the home last year. But beyond the damage lies a rare opportunity to restore, renovate, or redevelop on a generous 715m2 (more or less) flat section.

What's on offer:

• Solid 1960s bones and character features
• Large separate lounge and kitchen
• Four good-sized bedrooms
• Single garage
• Ideal flat section with street frontage

Options abound:

• Renovate and restore to its former glory (structural report recommended)
• Remove and rebuild your dream home
• Explore development potential - room for townhouses (Subject to Council Approval)

Location is key - and this one ticks all the boxes! Just moments from supermarkets, schools, and downtown Masterton, this is a rare chance to secure a valuable piece of real estate in a thriving community. Whether you're a seasoned investor, savvy renovator, or dream-home builder, 174 Chapel Street could be the start of something truly special.

BEO $355,000
Contact Rachel 021 488 280 today for more details on this unique opportunity!