Opportunities of this scale within Masterton’s residential zone are increasingly rare. Set across approximately 1.38 hectares, this substantial landholding offers buyers a chance to secure a property with space, flexibility and future potential.
The property currently includes multiple dwellings, providing options for extended family living, rental income, or holding income while future plans are considered. With generous land surrounding the homes, there is plenty of room to explore how the site could evolve over time.
For those with vision, the size and residential zoning may present an exciting opportunity to investigate further development possibilities, subject to the appropriate council approvals and requirements.
Whether you are a developer seeking your next project, an investor looking for a land bank opportunity, or a buyer wanting space and versatility within town, this is a property that deserves serious consideration.
Purchasers are advised that the property is offered in its current condition and are encouraged to carry out their own inspections, investigations and due diligence prior to making an offer.
All offers considered on 15 April 2026 at 1pm - unless sold prior.