Residential
More from realestate.co.nz:
Agents News

28 Church Street, Masterton, Masterton

Historic character, dual income, endless potential

dollar

Tender

House
House
Bedroom
5
Bathroom
2
Land area
1410m2
Title type
Freehold
Garage
2
On this page:

Open homes

Sunday
1:15pm - 1:45pm
21
Jun

Tender

Tuesday
2:00pm
07
Jul

Property details

Listing # MU226542 | Listed on 16 June

Step back in time and discover the charm, character, and opportunity this unique 1930's bungalow has to offer. Originally built as one grand family residence, this impressive property has been thoughtfully converted into two self-contained flats, each offering comfortable living with 2-3 bedrooms each and their own heat pump for year-round comfort.

Throughout the home, many of the original features have been lovingly retained, showcasing the craftsmanship and elegance of a bygone era. From stunning chandeliers and the beautiful cloak bay to the rare inclusion of a large original safe, this property is rich in history and character that simply cannot be replicated.

For investors, the appeal is immediate. Both flats are currently tenanted, with tenants keen to remain, providing instant income from day one. For those seeking flexibility, the property also lends itself to a variety of commercial or professional uses, having previously operated in a commercial capacity. Adding even more value is the separate section included on the title and multiple sheds.

Whether you're considering future development, additional parking, extra income opportunities, or simply securing land for the future, the possibilities are yours to explore. Location is key, and this property delivers. Situated just moments from Masterton's town centre, you'll enjoy the convenience of being within walking distance to supermarkets, shops, cafes, schools, and local amenities. A nearby walkway provides easy access through to Queen Elizabeth Park, offering a wonderful recreational space right on your doorstep.

Whether you're looking for a sound investment, a character-filled commercial premises, or a property with future potential, this exceptional offering combines history, location, and opportunity in one compelling package.

Don't miss your chance to secure a piece of Masterton's heritage with multiple income streams and endless possibilities.

Your notes
Add notes for your personal reference. This can only be seen by you.

Additional features

Roofing: Corrugated Iron (new roof)
Exterior Cladding: Plaster/Monolithic plaster - Rough Cast/Stucco (cavity/no cavity)
Exterior Joinery: Timber
Lot Features: Fenced - Full
Internal Features: Heat Pump x 2

Schools and childcare in the area

$
$
% p.a.
years
$0 per week
Contact the agent
Name  (required)
Email  (required)
Phone  (required)
I'd like to enquire about:
Your message

By continuing, you agree to our terms of use and privacy statement.