First National Wanaka Property Guide December 2018

Issue 10 Summer 18/19 16 Waimana Place, Wanaka (see pages 16 & 17 for further details)

property guide.

Q Realty Ltd Licensed (REAA 2008)

welcome FIRST NATIONAL WANAKA PROPERTY GUIDE Inside this comprehensive Property Guide you will find a wide selection of property for sale in and around Wanaka, of which there is sure to be something to tempt you.

Wanaka continues to be a hotspot in terms of real estate activity with demand exceeding supply.

This has the effect of putting pressure on prices and accordingly the median price of a Wanaka house for 2018 sits at $1,106,900 well up on the 2017 figure of $986,771.

Titled sections in established areas are almost impossible to find, however the newly titled sections in the major subdivisions has helped to relieve pressure.

Issue 10

since they purchased off the plans about 2 years ago.

Whilst a lot of these ‘first home buyers’ have chosen to build, some have on sold their sites with many seeing an increase of 50% on their original investment.

If you are looking to buy in Wanaka, don’t leave it too long. Word is out and we are seeing more and more ‘out of towners’ looking to move here.

Now is the time to buy as interest rates are low and it’s inevitable that prices will continue to rise.

Wishing you a Merry Christmas and a Happy New Year surrounded by your family and loved ones.

Buyers in Lake Hawea, at both Timsfield and Sentinel Park subdivisions, have seen a rapid increase in their land value

MEET YOUR TEAM OF REAL ESTATE SPECIALISTS

QUENTIN LANDRETH

Director/Sales Consutlant

GRAEME SINCLAIR

LYNETTE WINSLOE

Principal/Sales Consultant

SARA SECKER

Sales Consultant

Sales Consultant

JAYNE WILSON

SAM BECKERLEG

Sales Consultant

Sales Consultant

KELLY GOOCH

PHILLIP TEMPLETON

JOHN FISHER

SEAN CUSWORTH

Sales Consultant

Sales Consultant

BROOKE WOODROW Sales Consultant

Sales Consultant

Sales Consultant

NICKI SCURR

Property Management Q Realty Ltd Licensed (REAA 2008)

2

AN INCREDIBLY FLEXIBLE INVESTMENT OPPORTUNITY Only 10 properties available so contact us now Priced fom $1,175,000 plus GST (if any) 4

4

Floor area 190 m² | Web ID FNW02104

GRAEME SINCLAIR

M 021 504 749 E graeme@fnwanaka.com

SARA SECKER

M 021 216 7994

E sara@fnwanaka.com

3

*artist impression

*artist impression

4

WELCOME...

Roys Bay Estate offers you an incredible retirement lifestyle, within easy walking distance of central Wanaka. No lawns to mow, no maintenance to deal with and no security issues.

Best of all you have full titled ownership of your home, leaving you free to make your own lifestyle decisions. A rare retirement village condition and only 3 minutes walk to the beautiful Lake Wanaka walking tracks.

Only $9500 deposit required

What’s not to love?

GRAEME SINCLAIR

M 021 504 749 E graeme@fnwanaka.com

SARA SECKER

M 021 216 7994

E sara@fnwanaka.com

5

16 Centre Crescent, Wanaka

$1,549,000

Discover Perfection This beautifully appointed property exudes quality and perfection from the outside in. The north-west aspect captures all day sun allowing you to sit outside on the large deck and take in the mountain view, perfect for BBQ's and entertaining. The large greenbelt strip merges into the easy care garden adding to the feeling of space and privacy away from the neighbours. The design of this home has been meticulously planned creating a feeling of space.The modern kitchen is at the heart of the home, boasting all the mod cons that you would expect. Four bedrooms ensures there is enough space.

KELLY GOOCH

4

2

M 0272 472 668

2 2

Floor area 255 m | Land area 1003 m2 | Web ID FNW02049

Lot 41 The Heights, Aubrey Road, Wanaka

$525,000

JAYNE WILSON

M 0212 013 609

Lot 44 The Heights, Aubrey Road, Wanaka

$425,000

Paradise For The Taking

Take it to new Heights

These sections are in high demand and are selling fast so grab the opportunity now to buy in this highly desirable subdivision. The sections have been designed for easy care living, giving you more time to relax and enjoy all that Wanaka has to offer. Act fast to secure your slice of paradise and build your dream holiday, investment or family home. Title expected to be issued approx. April 2019.

The Heights Wanaka development occupies a spectacular elevated central location with panoramic mountain and lake views and sections in this subdivision will be highly sought after. If you are looking to secure a slice of paradise to build your dream family, holiday or investment home, then call me today to arrange a viewing.

Land area 400 m2 | Web ID FNW02031

2

Land area 500 m | Web ID FNW02100

KELLY GOOCH

M 0272 472 668

E kelly@fnwanaka.com

6

KELLY GOOCH

M 0272 472 668

E kelly@fnwanaka.com

83 Infinity Drive, Wanaka

On the Reserve!

Auction Friday 8 February 2019 at 11:00 am (unless sold prior)

The Vendors are on the move and the instructions are clear, get this property sold. Near new and located in the award winning Peninsula Bay, this property gets all day sun with a good mountain vista. Great internal design allows you to enjoy the indoor/outdoor style of living. A large open plan living area leads out onto a large deck, perfect for you to entertain family and friends. A modern, country style kitchen gives the open plan space a warm feel and the large butler's pantry ensures you can hide everything away. The spacious master bedroom has a walk in wardrobe and ensuite plus there are an additional 3 bedrooms and a separate large family bathroom. Having low maintenance gardens means this property is a breeze to look after.

4

2

2

Floor area 205 m2 | Land area 701 m2 | Web ID FNW02051

KELLY GOOCH

M 0272 472 668

E kelly@fnwanaka.com

7

SECTIONS Please note: Bleed area is included on page NOW SELLING

*indicative boundary

• Breathtaking mountain and lake views • Short walk to local schools, lakefront, walking and cycle tracks • Sub-dividable sections available • Stage 1 titles expected June 2019 — call today for more information —

W W W. C L E A RV I E W R I S E . C O . N Z KELLY GOOCH

WEB ID FNW01956

8

M 0272 472 668

E kelly@fnwanaka.com

86 Riverview Road, Wanaka

$1,650,000

Natures Secret Once in a while something very special and unique hits the market — this is it. Located in a stunning private elevated area of Queensberry, this rustic lifestyle property overlooks the Upper Clutha River and Grandview mountain ranges. This immaculately presented home is split over two levels and comprises four bedrooms and one bathroom. The living, dining, modern kitchen, master bedroom, family bathroom and additional bedroom are on the upper level with two bedrooms and a large media/lounge room downstairs. To heat the home there are two wood burners and heat pump with heat transfer system. The large barn is approximately 180m² in size and has multiple uses; storage shed, helicopter hanger/entertainment room with fire place.

4

1

2

Floor area 180 m2 | Land area 2.8865 ha | Web ID FNW02098

KELLY GOOCH

M 0272 472 668

E kelly@fnwanaka.com

9

Lot 50 The Heights, Aubrey Road, Wanaka

$565,000

Lot 113 The Heights, Aubrey Road, Wanaka

$410,000

Location is Key

Affordable Lake View

The Heights Wanaka development is a highly desirable subdivision that occupies a spectacular elevated central location offering panoramic mountain views. Don't miss out on the chance to build your forever home, holiday or investment property so that you can enjoy all the best that Wanaka has to offer on your doorstep. Title is expected to be ready approx. April 2019.

The Heights is a highly desirable subdivision offering views of Lake Wanaka and the rugged Southern Alps mountain range.

Construction is well under way and these sections are in demand.

Grab the opportunity now to buy this easy care section located just off Aubrey Road and secure your slice of paradise to build your dream holiday, investment or family home. Don't let this opportunity pass you by.

Land area 500 m2 | Web ID FNW02101

Land area 400 m2 | Web ID FNW02030

GRAEME SINCLAIR

M 021 504 749

E graemes@fnwanaka.com

GRAEME SINCLAIR

M 021 504 749 E graemes@fnwanaka.com

Lot 1 Pukekowhai Drive, Queensberry

$675,000

Set Your Sights High This elevated site on the Queensberry hills has majestic rural, river and mountain views in all directions. The block has open spaces with schist and kanuka features. The mighty Clutha River snakes through the valley below as the view unfolds in front of you, changing with the seasons. There's space to build your dreams, house the horse, run the dog and shoot the odd rabbit. Subject to title.

SARA SECKER

Land area 4.7 ha | Web ID FNW02113

10

M 021 216 7994

E sara@fnwanaka.com

Nulook New Home $650,000-$1,000,000 — Silver award Builder’s Own Home Award — Silver award

2016 Master Builders House of the Year Awards Southern Region

GIB Show Home Award — Bronze award Future Proof Building New Home $500,000-$$650,000 — Bronze award

Lot 42 The Heights, Wanaka Prime Site at The Heights

from $1,099,000 3

2

2

++ Lock in the price now ++ Modern, architecturally designed home ++ Outstanding quality and finish ++ Close to schools, biking trails and the Wanaka township ++ Title due April 2019

*artist impression

Land area 400 m² | Floor area 172 m² | Web ID FNW01616

Lot 121 The Heights, Wanaka

$415,000

Elevated on Aubrey ++ Elevated easy care section ++ Excellent location-lake & mountain views ++ Close to schools, biking trails and the township ++ Title due April 2019 ++ Concept plans available

Land area 412 m² | Web ID FNW02087

Lot 122 The Heights, Wanaka

$415,000

Wonderful in Wanaka ++ Start contstruction after Christmas ++ Title due January 2019 ++ Close to schools, biking trails and teh Wanaka township ++ Concept plans available ++ Only a few sections still remain

Land area 412 m² | Web ID FNW02105

GRAEME SINCLAIR

M 021 504 749 E graeme@fnwanaka.com

11

THE HEIGHTS WANAKA

ONLY A FEW SECTIONS REMAINING! Don’t miss this opportunity to secure a site for your dream home

Please note: Bleed area is included on page Over

90%

ALREADY SOLD

•

Within easy walking distance to schools, recreation

•

reserves, Lake Wanaka and of course close to the world class ski-fields of Treble Cone and Cardrona.

•

With panoramic mountain and lake views,

Secure a slice of paradise to build your dream holiday, investment or family home.

•

Titles due from January 2019 with sections ranging from 400 - 800 sqm and priced from $425,000.

sections in The Heights are highly sought after.

— call today for more information —

GRAEME SINCLAIR

M 021 504 749 E graeme@fnwanaka.com

12

The Esplanade and Pier Street, Jackson Bay

$725,000 plus GST (if any)

Catch This Opportunity This 5,400sqm section is a premium waterfront opportunity and presents development flexibility for an astute buyer. This is the perfect getaway spot, being only 2.5 hours from Wanaka and is the ideal location for hunting and fishing. The section provides the option to build your dream hunter or fisherman's lodge with plenty of space for garaging and boatsheds. By securing the entire section, you would have the ability to develop in to the future and utilise the large section to build further accommodation as an investment or on-sale. Preliminary Concept Building Plans are in place, so call us today to discuss further.

QUENTIN LANDRETH M 0273 555 399

Land area 5400 m2 | Web ID FNW02112

SAM BECKERLEG

M 0277 686 966

13

C

S ON

CO

N

TR

R ST

T UC

UC

IO

N TIO

N

R S TA

R S TA

TE

D

Wanaka Waterfront Luxury Apartments Wanaka Waterfront Luxury Apartments

TE

D

W W W. M A R I N AT E R R A C E . C O . N Z

Stage 1 due to be completed November 2019 Stage 1 due to be ONLY completed 2 REMAINING November 2019

STAGE 2

W W W. M A R I N AT E R R A C E . C O . N Z

Only 4 Remaining STAGE 2

Only 4 Remaining STAGE 3

Only 5 Remaining

ONLY 2 REMAINING

APARTMENTS

tw or

ks

Ar

Only 5 Remaining

Ar

marina terrace marina terrace

tw or pa ks pa ce

ce

STAGE 3

APARTMENTS

Nestled into Wanaka’s exclusive Waterfront these Architecturally designed Apartments ensure that the stunning lake and mountain views are equally matched by exceptional quality of design, construction & fit out.

Nestled into Wanaka’s exclusive Waterfront these Architecturally designed Apartments that the stunning lake views areparking equally by ease exceptional · Private & liftmatched access ensures of access for all ·ensure With construction now under way andand Stagemountain 1 due for ages, but you will rarely need your vehicle as everything completion in November 2019, these unique Apartments quality of design, construction & fit out.

boast outrageous lake views, spacious layouts and access to superior onsite facilities. · Don’t miss out, take your first step towards owning a · Private parking & lift access ensures ease of access for all · · With construction now under and Stage 1 due for Each sprawling single level way apartment features piece of paradise like no other and contact Quentin ages, but you will rarely need your vehicle as everything completion in November unique Apartments entertaining and dining2019, areasthese flowing through to an Landreth at First National on 0273 555 399. boast outrageous lake views, spacious layouts and access extensive outdoor terrace providing a seamless open to plan superior onsite facilities. connection to this extraordinary location. · Don’t miss out, take your first step towards owning a · Each sprawling single level apartment features piece of paradise like no other and contact Quentin entertaining and dining areas flowing through to an Landreth at First National on 0273 555 399. extensive outdoor terrace providing a seamless open plan connection to this extraordinary location.

QUENTIN LANDRETH

M 0273 555 399 E quentin@fnwanaka.com

14

N CO

ST

R

T UC

IO

N

RT S TA

ED

Wanaka Waterfront Luxury Apartments W W W. M A R I N AT E R R A C E . C O . N Z STAGE 2

Stage 1 due to be completed November 2019

Only 4 Remaining

ONLY 2 REMAINING STAGE 3

ks or Ar tw

marina terrace

pa

ce

Only 5 Remaining

APARTMENTS

Everything you need.

Right on your doorstep.

Nestled into Wanaka’s exclusive Waterfront Architecturally Justthese a 5 minute drive fromdesigned the Lake Apartments Wanaka foreshore, the Albert Town complex sits on the edge of the mighty ensure that the stunning lake and mountain views are equally matched by exceptional River offering walking and biking trails in every quality of design,Clutha construction & fit out.

·

·

direction, fantastic fishing and swimming, and access to more adventurous pursuits like mountain biking, white · Private parking & lift access ensures ease of access for all With construction now under way and Stage 1 due for water kayaking and river surfing. ages, but you will rarely need your vehicle as everything completion in November 2019, these unique Apartments boast outrageous lake views, spacious layouts and access Accommodation will soon be an option at Albert to superior onsite facilities. · Don’t miss out, take first on step40 towards owning a as building is about toyour begin apartments.

Each sprawling single level apartment features piece of paradise like no other and contact Quentin entertaining and dining areas flowing through to an Landreth at First National on 0273 555 399. extensive outdoor terrace providing a seamless open plan connection to this extraordinary location.

Town,

Live. Connect. Explore.

QUENTIN LANDRETH

M 0273 555 399 E quentin@fnwanaka.com

15

2 Arklow Street, Albert Town

Clutha Riverfront Residence

Auction Friday 8 February 2019 at 11:00 am (unless sold prior)

If you're looking for a spacious family home in a quiet and tranquil location, then you simply must view this gorgeous character-filled home. Positioned right on the riverfront and capturing sweeping mountain and river views, this classic Clutha River residence will never have the view built out and is perfect for those looking for a private and peaceful location in Albert Town.

SAM BECKERLEG

4

2

2

Floor area 248 m2 | Land area 885 m2 | Web ID FNW02111

18

M 0277 686 966

QUENTIN LANDRETH M 0273 555 399

61 Rata Street, Wanaka

By negotiation

Character Home - Lake Views

6

2

2

26 Penrith Park Drive, Wanaka

By negotiation

Lake & Mountain Views

5

2

2

This is your opportunity to purchase this wonderful character property which offers startling lake and mountain views. Nestled serenely into its environment, this splendid, six bedroom property is beautifully positioned on a large rear site with drive on access. It is a sheltered and sunny site offering tranquility and privacy.

On offer is this beautifully positioned single storey quality home in the sought after locality of Penrith Park, Wanaka. Elevated above the road on a relatively level site, the terraced landscaping and planting frame the property and offer enhanced privacy and accentuates the awe inspiring vista of the lake and mountains.

Floor area 210 m2 | Land area 2129 m2 | Web ID FNW02110

Floor area 190 m2 | Land area 1128 m2 | Web ID FNW02109

PHILLIP TEMPLETON

PHILLIP TEMPLETON

M 0274 712 686

M 0274 712 686 E phillip@fnwanaka.com

E phillip@fnwanaka.com

174 Beacon Point Road, Wanaka

By negotiation

Luxury, Desirable, Close to the Lake 4

3

1

Alpine Motel, Wanaka

$1,295,000 plus GST

Rare Motel Opportunity in Wanaka

An exciting development of three townhouses, close to the lake, in the highly desirable Beacon Point Road. There are few new townhouse sites available, so take advantage of this unique opportunity now. Designed by Coll architecture, these impeccable townhouses will exude quality and style offering sophisticated urban living and an unrivalled lifestyle choice.

Rarely does an opportunity like this present itself to own this thriving motel business, centrally located in the heart of the tourist town, Wanaka. The Alpine Motel is located at the main entrance into town and has great visual presence for people coming to Wanaka.

Alpine Motel offers a wide range of accommodation options with 19 units and on site managers accommodation.

Floor area 283 m2 | Web ID FNW01931

Floor area 1030 m2 | Land area 4121 m2 | Web ID FNW02094

PHILLIP TEMPLETON M 0274 712 686

E phillip@fnwanaka.com

SEAN CUSWORTH

M 021 170 3973

E sean@fnwanaka.com

19

Lot 38 The Heights, Aubrey Road, Wanaka

$475,000

The Heights - Exquisite Location & View The section is beautifully positioned in an enviable location in The Heights subdivision offering a wonderful location to build your dream home. The land has good site dimensions and a superb continuous 'full screen' view of the lake and mountains including Treble Cone and Black Peak. The site is in a good sunny location and is elevated slightly above the road and has a level contour.

Title is expected to be issued on 1st April 2019.

Those parties seeking to purchase a section set in a premium subdivision with delightful surrounds will appreciate the attributes of this property.

Land area 430 m2 | Web ID FNW02024

PHILLIP TEMPLETON

M 0274 712 686 E phillip@fnwanaka.com

792 Aubrey Road - Hikuwai, Wanaka

From $365,000

Hikuwai - Stages Four and Five Released Hikuwai is one of Wanaka's exclusive new residential developments, situated just five minutes' drive to the centre of Wanaka, close to the schools and day care centres and only fifty minutes' drive from Queenstown International Airport. Stages four and five have just been released bringing new sections to the market, ranging in size from 587 to 772 sqm. Demand is high with stages one and two sold out already and only four lots left in stage 3. Competitively priced, these sites are set on 39 hectares of flat land, in a great location, with all day sun and amazing panoramic views.

JOHN FISHER

Land area 587 m2 | Web ID FNW01731

20

M 021 327 928

E johnfisher@fnwanaka.com

Lot 2 16A Estrella Heights Lane, Queensberry

$499,000

Spectacular Land in Queensberry How often do you hear about a lovely block of land and as you race to get in first, learn that yet again, you have missed out as it was sold yesterday. Here is your opportunity to buy one of the most spectacular blocks in Queensberry Hills. At 4.1 ha or just over 10 acres this lovely block is a proposed subdivision of a titled 12 ha block. The views are absolutely stunning on this block and are uninterrupted to the North, South, East and West.

We are selling this block now, however, as the block is not titled, we do need you to make an appointment to view.

JOHN FISHER

Land area 4.1 ha | Web ID FNW02097

M 021 327 928

E johnfisher@fnwanaka.com

1 Platinum Ridge, Wanaka

One In A Million

Deadline sale All offers by Friday 25 January 2019 at 4:00 pm (prior offers considered)

With so little land available within Wanaka, this magnificent 1,833sqm section is truly unique and represents an outstanding opportunity not easily replicated. Fully sub-dividable with the possibility of a further split - yes you read that correctly - it may be possible with the changes in the new QLDC rules, to split this into 4 x 450sqm. Then again you might just want to build your dream home on this large corner site with stunning views of the lake and mountains. Oh and by the way the entrance to Sticky Forest with its walking/biking tracks is on your back boundary.

JOHN FISHER

Land area 1833 m2 | Web ID FNW02099

M 021 327 928

E johnfisher@fnwanaka.com

21

Price on Application

171 Wentworth Street, Gore

Premium Lifestyle Property

4

2

2

With views of the Waimea Valley, this exclusive 4 bedroom lifestyle property is set on 5.5 acres on the outskirts of Gore – just minutes to work or school. The heart of the home is the executive kitchen with sparkling granite benches and secluded butler’s pantry. This kitchen is known as the command centre for the two family rooms, dining space and outside entertaining area. Four spacious bedrooms are well appointed at the east wing, complete with two large bathrooms, fitted with high quality fixtures and under floor heating. The finishing touches in the interior design, high tech entertainment system, sensor lighting and the massive three bay shed for the big boy’s toys and boat.

This property is the next level in comfort and design.

Viewing is by appointment only – call today to discuss.

HELEN VAN DER LINDEN

M 027 276 7616 E helen@gorefn.co.nz

Floor area 296 m2 | Land area 2.29 ha |

22 Boston Street, Riversdale

$795,000

Spacious Family Lfestyle

4

2

2

150 Whiterig Road, Gore

$815,000

Stunning Lfestyle on the Edge of Town

4

2

2

Why build? This gorgeous property is freshly finished and ready for a new family to enjoy the hard work of the current vendors. Schist feature walls & high ceilings in the living areas add luxury to this 260 m² home. The 6.95 acres is well fenced, planted for shelter and has various 2 & 3 bay sheds, including a small set of cattle yards. If this is too much land for you, there is an opportunity to sub-divide as the property sits across two titles.

This stunning lifestyle property nestled amongst established grounds offers a private and tranquil setting for any family. Allow your family the luxury of spreading out over 320 m² of floor space and to enjoy the indoor/outdoor flow this property offers. On offer are four bedrooms, two bathrooms, double garage with internal access and two spacious living areas. Set on 1.769 hectares and a short drive from town this property has it all. Call for your appointment to view.

Floor area 260 m² | Land area 2.81ha

Floor area 320 m2 | Land area 1.76 ha

HELEN VAN DER LINDEN M 027 276 7616

E helen@gorefn.co.nz 22

JANINE JOHNSTONE

M 027 64 64 250

E janine@gorefn.co.nz

Comparison of Median House Prices RESIDENTIAL PROPERTY MARKET STATISTICS Wanaka, Albert Town and Hawea 2017 - 2018

*Residential statistics sourced from REINZ. No rural properties included. Information based on titled properties only. Statistics exclude Luggate, Cardrona and Makarora

$2,000,000

*

$1,800,000

*Anomaly: December - Albert Town as based on 1 sale only

$1,600,000

Median House Price (NZD)

$1,400,000 Wanaka

$1,200,000

Albert Town Hawea

$1,000,000

Linear (Wanaka) $800,000

Linear (Albert Town) Linear (Hawea)

$600,000 $400,000 $200,000 $0

Jan Feb Mar Apr May Jun

Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun

Jul Aug Sep Oct

Median House Prices - Wanaka, Albert Town & Hawea January 2017 - October 2018

KEY FACTORS CURRENTLY INFLUENCING THE WANAKA MARKET: ++

The Wanaka property market is very strong with demand

increase, with increases in both building consent volumes

still outstripping supply. There is a shortage of listings across

and total value evident.

all value brackets, which is placing pressure on values, and

sold over the past 2 years and sections sold off plans in new

strong population growth in the Upper Clutha has created

subdivisions, residential construction looks set to remain strong

a long term rental property shortage, particularly for good quality family accommodation. ++

for the foreseeable future. ++

Prime residential and lifestyle properties remain highly sought

A large number of sections have sold off plans over the

after, with many buyers lured by Wanaka’s popularity as a

past 18-24 months in new residential subdivisions, many with

lifestyle destination. Buyers have been recently active in the

titles expected to be issued throughout 2018. As demand continues, further residential sections are expected to be

++

Due to the number of sections

circa $3m to $5m price bracket. ++

Visitor numbers have increased dramatically over the past

released to the market including sites in new greenfield

three years, with accommodation providers citing record

developments however the uptake of new sections is

guest nights. Tourist related businesses, food and beverage

expected to slow down as more titled sections become

providers and retailers in central Wanaka have also profited

available.

from the increased visitor numbers.

Residential construction has experienced a significant

PROJECTIONS FOR THE REMAINDER OF 2018 AND INTO 2019: ++

Population growth anticipated to continue, resulting in

++

increased demand for residential property in all value

and Albert Town and looking to Lake Hawea and Luggate as

brackets. ++

Visitor numbers expected to increase

++

Demand to exceed supply although with regard to sections,

more affordable options ++

++

Slight pressure on section prices until more titled sections become available in new subdivsions

Strong residential construction including spec builds in Wanaka and Albert Town. Howe and land packages set to

this should improve somewhat when titles are issued in new subdivisions where sections have sold off plans

Entry level homebuyers becoming priced out of Wanaka

continue to sell off plans or while under construction ++

Shortage in good quality long term rental accommodation

Geoff McElrea Property Consultant | Registered Valuer T 027 577 9607 E geoff.mcelrea@colliersotago.com

23

33-35 Reece Crescent, Wanaka

Lease by negotiation plus GST

High Profile Commercial Premises for Lease, Wanaka The premises available for lease in this well designed high profile corner position commercial property represents a most excellent leasing opportunity in Wanaka's 'Anderson Road' business precinct. It has a commanding position on the corner of Reece Crescent & Link Way. The general area caters for a wide variety of business uses and is in close proximity to Wanaka's principal retail centre.

Lease by negotiation plus GST. Will be available for lease on 1st January 2019.

PHILLIP TEMPLETON

Floor area 90 m2 | Web ID FNW02054

21 Reece Crescent, Wanaka

M 0274 712 686 E phillip@fnwanaka.com

Lease by negotiation plus GST

Excellent Retail Showroom Space This commercial property offers an excellent leasing opportunity in Wanaka's Reece Crescent business precinct. It comprises a modern attractive two storey purpose built commercial property with on-site car parking.The ground floor area of 192.50 sqm is designed for an array of different commercial uses including showroom, retail or offices. The basement area of 144.50 sqm offers good quality lockable tenancy space with a vehicle door and side entry door. The space is ideally suited as a workshop, light manufacturing, distribution centre or storage of business products.

PHILLIP TEMPLETON

Floor area 192.5 m2 | Web ID FNW02106

24

M 0274 712 686 E phillip@fnwanaka.com

5507 State Highway 6, Makarora

By negotiation

Enjoy The Growth in Tourism Makarora Country Cafe is a well set up and managed business offering efficient service to the busloads of tourists passing through on their way to the world famous Mt Aspiring National Park. The Cafe has it all; an immaculately presented gift shop, cafe and licensed bar, fuel stop, powered sites and parking for campervans plus a family home with amazing views of the mountains. Within a short walk of the Makarora River, renowned for its fly fishing and 40 minute drive from Wanaka, a rapidly expanding tourist town, the business has multiple income streams with heaps of potential to grow. A great choice for a couple or family wanting a change of scene and a good income. **Being sold by negotiation plus stock and plant at valuation plus GST

QUENTIN LANDRETH

Floor area 600 m2 | Land area 10086 m2 | Web ID FNW01785

M 0273 555 399 E quentin@fnwanaka.com

25

5944 State Highway 6, Makarora

$2,900,000 plus GST (if any)

Tourist Centre with Huge Potential The Makarora Tourist Centre is a hidden gem tucked away just 65 kms north of Wanaka in the beautiful Central Lakes region next to the Mt Aspiring National Park. The business is operating profitably and there is huge potential to develop it further. It includes an extensive land holding, 26 chalets and cabins, two communal lodges with kitchen facilities, an outdoor swimming pool, gift shop, cafe and bar, fuel pumps for the passing traffic, accommodation for staff, manager's accommodation and a large level site including 25 powered sites for tents and caravans. This is a great business for someone wanting a more relaxed lifestyle and a wonderful long-term investment.

GRAEME SINCLAIR

Floor area 1670 m2 | Land area 7.93 ha | Web ID FNW01775

26

M 021 504 749 E graemes@fnwanaka.com

YOUR FIRST CHOICE IN PROPERTY MANAGEMENT Looking for someone to manage your rental property?

We can take care of it for you.

Nicki’s expertise in Property Management is in a league of its own “Professionalism, high credibility – and a wonderful smile! I wish I had those qualities. It must be in Nicki Scurr’s genes. I never thought it would be this easy and profitable to rent out my property.Thanks for everything, Nicki. I value a highly professional personal contact. I’ll stick to First National and you, Nicki.”

Carl

“We chose Nicki Scurr to manage our property as a winter rental this year. She was very organised, had great communication skills, was pleasant to deal with and we would highly recommend her. Her attention to detail was impeccable.”

Liz & Anthony

REAL ESTATE

Wanaka

PROPERTY MANAGEMENT

E rent@fnwanaka.com P 03 443 6921 M 027 443 3454

NICKI SCURR

ANGELA PALMER

Property Manager Administrator

SARA SECKER

QUENTIN LANDRETH

Owner

Owner