Negotiation
High-profile Masterton redevelopment opportunity
137 Ngaumutawa Road, Masterton
Bayleys Wairarapa
1 / 31
Unclaimed
97 Queen Street, Masterton
Masterton District
Negotiation
- 1,283m²
- 883 m²
- Retail
Ideal for an Owner Operator
Step into one of Masterton's most iconic buildings… reimagined for today.
97 Queen Street is a landmark opportunity in the heart of the CBD. Originally built in 1879, this beautifully restored building carries a rich history, from Theatre to Town Hall - General Store to Masterton's very first supermarket, and now stands ready for its next chapter.
What's been created here is nothing short of exceptional. A top quality, high end renovation that respects the character of the past, while delivering the functionality and finish of a modern commercial space.
Set on approximately 883 square metres of land, with an expansive 883 square metres on the ground floor and an additional 400 square metres upstairs, the scale is impressive, but it's the flexibility that truly sets this apart.
This is a space designed for vision.
Ideal for high end retail and showroom with flexible space for hospitality, events or a function centre …. the choice would you yours. The opportunity here is to create something truly special.
The building itself has been thoughtfully upgraded throughout. Restored skylights flood the space with natural light, polished concrete floors ground the aesthetic, and neutral toning allows any business to make it their own.
With full fire protection, air conditioning, fresh air systems, and seismic strengthening to over 75 percent NBS, the foundations are already in place.
Dual access from both Queen and Dixon Streets, dedicated service and inwards goods areas, toilet facilities on both levels, plus office and storage spaces, ensure the functionality matches the scale.
Positioned right in the centre of Masterton's CBD, this is a rare opportunity to secure a building with history, presence, and endless potential.
A property like this does not come along often.
97 Queen Street is ready for its next story. The question is… what will you create here?
My notes
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Estimates from the floor area and typical New Zealand prices, not quotes. Power, gas and internet details from the Electricity Authority and Gas Industry Co registries and Chorus.
Property data
- Land area885 m²
- Property categoryUse not published
- CouncilMasterton District
- Valuation #18050-5600
From the council’s rating records and the other sources noted on hover. Bedrooms and bathrooms may come from a past listing. Built is the decade the valuer records.
Title and land
Order a title record- Title numberWN34B/672
- Title typeFreehold
- Legal descriptionPart Section 73 Town of Masterton
Registered instrumentsChecking the register… See the title summary →
Owner names and the parties to each instrument are not published on this page. Order the record of title to see them.
Getting around
Another agency selling this property too, or is it for rent? Import that listing and it shows beside this one.
Building consents
We hold no building consents for this property yet. The council may hold records we have not seen.
Unclaimed
Nobody is tracking this property yet
If it is yours, claiming it puts the council record, the title and what it costs you to hold in one place — and lets you put your lending, insurance and power out to people who compete for them.
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We check your name against the registered owner on the title before a claim is accepted. Nothing on this page changes for anyone else, and no provider is contacted until you ask.
What claiming gets you
1One live recordCouncil valuation, title details and registered interests, kept current rather than gathered again every time you need them.
2Your lending in the pictureAdd what you owe, or connect the bank, and the equity and LVR stop being a calculation you redo by hand.
3Providers compete for itPut the mortgage, the insurance and the power out to people who want the business — on your terms, when you ask.
4Everything else you ownOne search finds other titles in your name and in companies you are a director of.
Zoning and hazards
What the council's published maps say about this land. A map is a model of a storm, not a record of one: a LIM or a flood report says more.
Reading the council's maps…
What could you build here?
See whether a granny flat fits beside the house: the Building Act exemption, the national granny flat rules and the zone’s own. Then ask builders to price the shape you pick.
About Masterton
Masterton District
4,649
Properties on the rating roll
Counts describe the records we hold for this territorial authority, not a market forecast. OwnBetter has no estimate for this property. Every council figure on this page can be checked against the council's own record.
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