Retail property for lease | 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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Meeting tenant needs

From large national tenants, such as The Warehouse, to small family-owned businesses in the central business district, retailers make up a significant proportion of our tenants, many with medium to long-term leases.

We are continually upgrading and developing suitable properties, many within the central business district, to meet the needs of existing and new retail tenants. Large areas in and around Masterton’s CBD have been owned by the community, through MTLT, since the town began its development in the 1800s.

Through the Trust, the Masterton community owns these properties and benefits through grants from rental income returned year after year.