About | Masterton Trust Lands Trust

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- 1. 2022 Annual Report
    
    19 Jul
    
    The Trust is pleased to present our annual report for the year ended 31 March 2022. The Trust exceeded $1 million in grants for the first time in five years, and three years into the six-year strategy our finance and grants objectives are on... Read more
    
    Masterton community to benefit from $1.5m
    
    31 May
    
    Community-owned Masterton Trust Lands Trust has announced an historic annual grants budget of $1.5 million for 2022/23. It coincides with the Trust’s 150th year.
    
    The $1.5 million represents the largest amount of money the Trust has ever... Read more
    
    MTLT supports local students to experience Outward Bound
    
    23 Nov
    
    A recent Outward Bound (OB) hosted event in Masterton acknowledged financial supporters and celebrated the achievements of 14 local senior college students. The students successfully completed a high endurance three week course of outdoor... Read more
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A town’s rich legacy

Masterton Trust Lands Trust is a unique community-owned property trust, established in 1871 to own and manage surplus land not sold to Masterton’s working class settlers.

The original £165 parcel value of the trust lands has grown into a significant holding of commercial land and buildings in and around the centre of Masterton, valued at more than $68 million.

Income from property rentals is returned to the local community in the form of grants for educational, cultural and community activities. This concept has played a key role in the evolution of the town and continues to do so today.

We now lease 80 properties to around 100 local, national and international tenants. We continue to develop and refurbish property to meet the specific needs of new and existing tenants.