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Property Ref: 26261
Lifestyle Freehold Investment Apartment For Sale 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.
- 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.
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26261 | Freehold Investment Unit in Wanaka | Income Statement
26261 | Freehold Investment Unit in Wanaka | Income History
26261 | Freehold Investment Unit in Wanaka | Title
26261 | Freehold Investment Unit in Wanaka | Unit Title
26261 | Freehold Investment Unit in Wanaka | Unit Title Plan Car Parks
26261 | Freehold Investment Unit in Wanaka | Body Corp I
26261 | Freehold Investment Unit in Wanaka | Body Corp II
26261 | Freehold Investment Unit in Wanaka | Management Agreement
26261 | Freehold Investment Unit in Wanaka | Unit Title Document
26261 | Freehold Investment Unit in Wanaka | Record of Title
26261 | Freehold Investment Unit in Wanaka | Occupancy & Revenue table 2016-2020 for Apt 23-24
26261 | Freehold Investment Unit in Wanaka | Occupancy & Finance Apt 23-24 2020
26261 | Freehold Investment Unit in Wanaka | Occupancy & Finance Apt 23-24 2019
26261 | Freehold Investment Unit in Wanaka | Occupancy & Finance Apt 23-24 2018
26261 | Freehold Investment Unit in Wanaka | Occupancy & Finance Apt 23-24 2017
26261 | Freehold Investment Unit in Wanaka | Occupancy & Finance Apt 23-24 2016
26261 | Freehold Investment Unit in Wanaka - Financials: April 2020
26261 | Freehold Investment Unit in Wanaka - Financials: May 2020
26261 | Freehold Investment Unit in Wanaka - Financials: June 2020
26261 | Freehold Investment Unit in Wanaka - Financials: July 2020
26261 | Freehold Investment Unit in Wanaka - Financials: August 2020
26261 | Freehold Investment Unit in Wanaka - Financials: September 2020
26261 | Freehold Investment Unit in Wanaka - Financials: October 2020
Trip Advisor. com
4.0 / 5 stars
8.7 / 10 stars
4.5 / 5 stars
Trip Advisor. com
Wonderful Motel ★★★★★
Had the pleasure of staying at this wonderful motel for two weeks in July. The Motel is very well set up with a Ski waxing and drying room, shared laundry and car washing bay. The car washing bay is excellent after driving up and down the Cardrona road. We stayed in unit 7, it was a great room with two bedrooms and two bathrooms. The unit had a fully equipped kitchen which was wonderful. The owners of the Motel were great to deal. I highly recommend this Motel and would happily stay there again
Great stay!! ★★★★
We were upgraded to a suite. Apartment downstairs, bedrooms and bathroom upstairs. Second bathroom downstairs, well equipped kitchen with dishwasher, washing machine and dryer.
Great overnight stay in large roomy apartment ★★★★★
We were upgraded on arrival to a two bedroom apartment which had a kitchen and two spacious bedrooms as well as washing machine and dryer. A lovely surprise as we had a bag of washing to do! Self catered in the well equipped kitchen and went for a quick dip in the pool. The Motel is 10 mins walk to the lake and overall was a good stay
Spacious and clean ★★★★
We stayed here for only one night on our way from Queenstown. The room was quite spacious with a queen size bed, that was very comfortable, and 2 single beds in a separate space. We have 2 kids (10 and 8) so it was perfect. The kitchenette is a good bonus as we catered our own breakfast. The bathroom was nice and clean. The carpets are relatively new and comfortable. About an 8 minute walk into town.
Superb 9/10 | [No comments]
Very Good 8/10 | Clean, close to down, value for money
Very Good 8/10 |[No comments]
Exceptional 10/10 | [No comments]
Exceptional 10/10 | Had a full kitchen and was a huge apartment!
5/5 | Friendly staff easy to find very clean and spacious units would definitely recommend and will stay again well done Fairway Motels
5/5 | [No comments]
5/5 | Really enjoyed my stay here. Fabulous week of skiing & weather. Nice warm & clean room. Thank you!
4/5 | Nice spot. Good rooms.
5/5 | We had a really good stay at a Fairway Motel Studio. Two adults and two children. Warm and cozy, clean. Friendly reception and staff. Easy check in and check out. Good bathroom and kitchenette. Mostly renovated, like new, including lining …
5/5 | The kitchen is small, the bathroom is clean and tidy, the equipment is complete, and the rest environment is comfortable
Source: Online review platforms.
Property TypeManaged Investment Property
Sale TypeUrgent Deadline Sales
Freehold Investment - Unit Title
RegionCentral Otago Wanaka
PriceFREEHOLD INVESTMENT, asking $445,000 Plus GST (if any)
Adrian ChisholmPRINCIPAL | Tourism, Hospitality & Leisure Business Broker
Head Office | Otago & Southland
International: +64 21 727 888
NZ Mobile: 021 727 888