First time to the market in 20 years, these two high profile sites adjoin each other.
The combined sites offer a truly unique opportunity to secure a large prime commercial land holding with passing yield.
Located in the heart of Wanaka with elevated views of the Lake and mountains and consists of two individual titles, totalling 6,269 sq m. This is the largest land holding in the main town area to come to market for a very long time.
6-22 Ardmore Street, is a substantial two level 1,061 sq m building on a 3,905 sq m site, currently operating with two commercial retail leases in place. Expansive main road frontage, with substantial on-site parking facilities dual access ways.
57 Hedditch Street, currently is operated by the owners as Wanaka Heights Motel, comprising of 10 rooms (8 rooms equipped with Kitchen facilities and 2 with kitchenettes) and incorporating a separate three-bedroom managers accommodation. The 670 sq m building sits elevated on 2,364 sq m site, with lake and mountain views.
Wanaka is a thriving resort town with a healthy community, strong trade industry and has a medium house price range of NZD $1,490,000. The rapidly developing area is rich with lifestyle amenities and offers a great retreat away from the busy city life. Lake Wanaka is framed by the township and mountain ranges. With Treble Cone and Cardrona ski fields, biking, hiking tracks, vineyards, water sports, aviation, hunting, fishing, golf and much more all available locally for you to enjoy. Only 63 kms to the Queenstown Airport.
With room for further development, this property offers a substantial Wanaka holding to your real estate portfolio. Call now for your Information Pack or to arrange a physical or virtual viewing.
*Boundary lines are indicative only.
*Price is plus GST if any