Our Christmas gift to the community is providing space in our Star Block property (next to Vivo on Queen Street) rent-free for the Christmas Wonderland display, open six days a week from 1-24 December. Now in its seventh year, the fantastic... Read more
Community-owned Masterton Trust Lands Trust (MTLT) yesterday announced positive financial results and a small increase in overall property portfolio value for the 12 months ended 31 March 2018. Read more
Over many years we have developed purpose-built properties for a diverse range of local, national and international tenants – petrol stations, professional services, trade suppliers, rural services, restaurants and iwi organisations.
Many of the Masterton’s key commercial businesses lease property from MTLT. Overall, about 85 percent of our property is used for commercial purposes. In recent years, this has delivered a return of more than 7% per annum.