Unit 102/29 Warren Street, Wanaka

Unit 102/29 Warren Street, Wanaka, Wanaka, Otago, 9305
Central Wānaka Investment & Business Opportunity

Central Wānaka Investment & Business Opportunity

Here is your opportunity to secure a profitable Management Rights business for the Belvedere Apartment Complex, located right in the very heart of Wānaka’s town centre just two blocks from the lakefront. With a well-established reputation, prime central location, and continued visitor demand, it represents an outstanding combination of lifestyle and income. Positioned adjacent to the picturesque Bullock Creek, this exceptionally well-presented complex comprises 26 apartments - 14 of which currently participate in the Management Pool. Allowing both full-time visitor accommodation and permanent residency, guests and residents enjoy a suite of shared amenities including saunas, drying and storage rooms, elevator access to all levels, designated underground car parking, and beautifully maintained landscaped gardens. All apartments include a complete, fully equipped kitchen, washing machine/dryer, bathroom, and either a ground-level patio or balcony plus mountain views, with many capturing lake vistas. This offering includes an established Management Rights business plus a comfortable 60 sqm two-bedroom on-site manager’s apartment. A full open-plan kitchen and laundry facility ensure effortless permanent living and the dining and living zone extends to a private patio, complemented by dual heat pumps for year-round comfort. A designated undercover car park and large separate storeroom complete the package, and the adjacent office/reception area provides ease of daily operations. This proven business has experienced strong growth throughout the current owner’s tenure, consistently achieving excellent occupancy rates and financial performance. Now retiring after having managed the property since 2018, the incoming purchaser will significantly benefit from extensive improvements and streamlined systems developed over the past seven years. Businesses of this calibre are rarely available in Wānaka’s downtown area so don’t miss this opportunity to acquire a quality accommodation business that delivers both investment security, and an enviable lifestyle in one of New Zealand’s fastest-growing tourist destinations. Contact us today T. 0800 4 ALTYS Complex Overview •26 × Two-Bedroom Apartments (14 currently in the Management Pool) •1 × Two-Bedroom Manager’s Apartment (Stratum in Freehold Unit 102) owned by the vendor under a Management Rights Agreement •Management Rights sold as a Going Concern •Sale attracts GST (If any) Download documents at https://filefling.co.nz/property/belvedereapa0 DEADLINE SALE: Closes 2:00 p.m. Thursday 4 December 2025 (unless sold prior)...

Central Wānaka Investment & Business Opportunity

Property Details

Property ID

NZW11154

Bedrooms

2

Bathrooms

1

Parking

1x Garages

Location

Unit 102/29 Warren Street, Wanaka, Wanaka, Otago, 9305

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