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Masterton 4 and 4A Grey Street, Masterton

4 Bedrooms2 Bathrooms1 GarageID MU230068

Tender (will not be sold prior) 7 July 2026 | Property Brokers Ltd, 84 Chapel Street, Masterton | 2:00pm

Double the opportunity

Whether you're seeking a multi-generational living solution, a home with additional income, or a high performing investment property, this versatile property is sure to impress.

Offering two Healthy Homes compliant dwellings on low-maintenance sections, this is an opportunity that provides flexibility, comfort, and strong investment credentials.

The front home was relocated to the site and, at the time, extensively upgraded with re-piling, re-plumbing, and re-wiring. It features three bedrooms, spacious family living, two toilets, and a separate laundry. Year round comfort is assured with a heat pump, freestanding wood burner, and Smart Vent system. The fully fenced section provides a safe and secure environment for children and pets.

The second dwelling offers excellent independent living with its own garage, separate laundry, two toilets, and heat pump. Ideal for extended family, tenants, or additional income, it complements the property perfectly.

Both homes enjoy their own outdoor decking areas, creating inviting spaces to relax, entertain, and soak up the sunshine throughout the day. The easy care grounds mean less time spent on maintenance and more time enjoying the lifestyle and returns this property offers.

Currently returning a strong rental income, this is an attractive option for investors seeking a sound return, while also appealing to those looking for a home and income opportunity or accommodation for extended family.

Conveniently located close to the town centre, train station, and a range of schooling options, this property delivers on both convenience and versatility.

Opportunities offering two quality dwellings, low maintenance living, and multiple income or lifestyle options are rarely found, make sure this one is at the top of your viewing list.

Open Home

Sun 21 June 2026
12:00pm - 12:30pm

Features

Land | 549 m²Rates | $4,659.40LV | $175,000RV | $395,000

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Benn Milne

M 027 526 5026 P 06 304 8619

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