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Savvy investors, take note! Perfectly positioned close to Masterton's shops, rail, and amenities, this versatile property offers an exceptional opportunity with two self-contained flats on one title - delivering a strong rental return and future potential. The home has been smartly divided into a one-bedroom flat and a two-bedroom flat, each with its own kitchen, living area and bathroom. Both are tidy, well-maintained, and attract reliable tenants. For investors, this is a proven dual-income performer with potential to further enhance returns. For families, the configuration offers independence and connection - ideal for accommodating parents, adult children, or guests while maintaining privacy. Whether you're looking to add to your portfolio, live in one and rent the other, or explore future redevelopment options, this property offers flexibility and financial rewards. This is an ideal low-risk, high-return investment in the heart of Wairarapa. Key features: • Two separate flats (1-bedroom + 2-bedroom) • Excellent rental income and occupancy history • Walking distance to Masterton shops, rail, and schools • Strong investment with potential to enhance further • First home buyer with opportunity to utilise additional incomeA solid performer in a sought-after location - properties like this don't last long!