Wanaka

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Property Details

$611,500

ID: 406552
Land Area: 285 m²
Building Area: 146

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UNBELIEVABLE INVESTMENT OPPORTUNITY NOT TO BE MISSED!!

NEWLY BUILT HOME IN WANAKA'S PREMIER DEVELOPMENT FOR UNDER $615K....!! THIS IS AN INVESTMENT OPPORTUNITY NOT TO BE MISSED!

NORTHLAKE, WANAKA

STAGE 1: LOT 25= 285m²


Magnificent glacial lakes, spectacular mountain peaks, unspoilt forests... Wanaka is one of the most beautiful towns in New Zealand. It is a sophisticated town with a peaceful ambience.

This is a unique opportunity to own part of this incredible landscape. Northlake development will be within walking distance of the new Northlake Village Centre, featuring cafés and restaurants, a child care and health care centre, swimming pool, tennis courts, and so much more!

This land and house package includes 285m² of land with an Aspiring Design home, and features excellent investment criteria:

- Regional 29.8% Capital Growth in Queenstown Lakes District;
- well planned and high quality subdivision by proven developers;
- stylish living with executive finishes throughout;
- large double glazed windows to maximise views;
- titles expected October 2017;
- no annual fees or body corporation levies;
- build contracts include fixed price clauses and no variation or escalations;
- Wanaka median house price in May 2017 was $975,000 (QV), an increase of 41.3%;
- serious shortage of good quality rental accommodation in Wanaka;
- rental appraisal $540-$590 per week;
- seasonal rental $580-$650 per week;
- all civil works complete for Stage 1 & 2

This is an Off The Plan investment meaning that the property is EXEMPT from the current LVR restrictions put in place by the Reserve Bank.

Superb as owner occupier or investment property. Don't delay - these will be snapped up quickly! It makes sense to invest in Wanaka.

Living areas: 104m²
Garage: 22m²
Alfresco: 20m²
TOTAL: 146m²

Bedrooms: 3
Bathroom: 2

Land & House Package:
$611,500


In vicinity (approximate):
Wanaka city centre, 5km
Mount Aspiring College, 4km
Wanaka Airport, 11km
Lake Hawea, 15km
Treble Cone Ski Field, 25km
Cardrona Ski Area, 38km