SOLD: Lifestyle Freehold Investment Apartment in Wanaka

Fabulous Freehold Unit For Sale in Top Wanaka Location

On offer is one of Wanaka’s great accommodation unit titles, within an established and well known tourism accommodation complex, in a superb location, with just a short walk to the Wanaka CBD. The Motel boasts a variety of accommodation options, including apartments, a honeymoon spa unit and a specially equipped disabled access unit, plus the property features a large swimming pool and great BBQ area for the guest’s enjoyment, plus everything else guests need to make the most of their Wanaka experience.

KEY FEATURES

• Top Wanaka location
• Freehold Unit Title Apartment
• Flexible accommodation offerings
• Interconnecting 2-bedroom apartment and a studio apartment
• Large in-ground swimming pool, available December to April
• Great BBQ area – perfect for summertime dining
• Guest laundry, bike & golf club storage space, and a ski drying room for the wintertime
• Plus there is a large car park area to accommodate boats, trailers and tour buses

Unit 6 comprises a 2-bedroom apartment and an adjoining and interconnecting lockable king-size studio, which allows this investment property to be rented out flexibly as a 2 bedroom apartment and a separate income stream from the King Studio, which is very popular with the corporate market. The configuration of this large investment unit allows for a 1, 2 or 3 bedroom accommodating 2, 4 or 6 guests

Both the 2-bedroom apartment and King Studio both have separate entrances on the upper level, and with the interconnecting internal door, the unit can be a large 3 bedroom, 2 bathroom apartment accommodating up to 6 guests in the 3 bedrooms.

The Investment Unit is described as: Unit 23, comprising 96.3m2 and Unit 24 comprising 27.40m2 (approx.). There is one car park described as AU6 located on the property, please register and view the documents for full details.

The complex enjoys excellent occupancy as the motel and managed managements complex creates great configuration for all guest requirements within the complex.

The owners have the right to use the investment unit for 30 days each year, and the rest the year the unit is in the management pool for the Motel Business owner and Management Rights manager to let out the unit within their business known as Fairway Motel and Apartments. If the investment owner does not use the 30 days each year, the unit will remain in the pool to let out as normal to guests.

Summer’s coming, secure this unit now and you could not only be enjoying additional income, but you could also be enjoying the Central Otago sunshine, wines and spectacular lifestyle this summertime with friends and family, and then be hitting the slopes at Cardrona or Treble Cone in the wintertime – whats not to love? Contact Adrian now to arrange your viewing.

For more information or to arrange your private viewing, please contact specialist Accommodation Business Broker, Adrian Chisholm, AREINZ, on 021 727 888 or email Adrian@tourismproperties.com.

If you would like to know more, please register here on our website, and then navigate to the Documents tab above the main image, and request access to the confidential information, thank you.