Lifestyle, capital growth and consistent rental income top the list for the ultimate property investment. Imagine investing in a high growth area, receiving income from the property and being able to stay a few weeks of the year on holiday in one of New Zealand’s most scenic regions. We regard Wanaka Lake Resort as a great investment opportunity for the following reasons: -
- Capital growth focused investment.
- No Capital Gains Tax.
- No Inheritance Tax.
- No Stamp Duty.
- Low initial deposit, 10% or £1,500 if you purchase a deposit bond. Nothing else to pay until completion which is expected to be late 2007.
- Mortgage loan to value is based on valuation at completion not the purchase price.
- Contracts can be flipped prior to completion.
- Fully managed with 24 hour security, hassle free.
- Rental guarantee available if required.
- Fully furnished.Â
- A true all year round resort with a solid rental yield and only 45 minutes from Queenstown.
- Limited number of sophisticated alpine retreat apartments and the developer has already sold 14 of the 40 units prior to starting construction. We have also been informed that prices will rise by around 5% when construction starts in a few weeks.
As you can see Wanaka Lake Resort provides an exceptional opportunity to purchase an alpine apartment at an affordable price, offering attractive returns with on-site management. The resort will offer buyers a quality investment opportunity that can be used for family holidays.
Each apartment in Wanaka Lake Resort has two bedrooms and is built to a very high standard. Schist stone, a feature of the local environment, is used on the outside walls as well as carrying the alpine theme inside to the fireplaces in many units. These apartments also have generous courtyards perfect for outdoor entertainment and families with children. Outdoor fires and spas add to the night time ambience in several units.
The apartments have: -
- Alpine styled kitchens
- Spacious open plan living – also creating nice flow for indoor-outdoor living
- Top quality appliances
- Large courtyards
- Separate ensuite
- Spa baths
- Fireplace
- Car space
- Quality furniture throughout Â
Each property is priced between $450,000 - $520,000NZD and the price includes a full furniture pack. This opportunity lets you secure a property at today’s prices whilst being built. The project is due for completion late 2007. You have the ability to secure an apartment now with only a 10% deposit (approx £16,000) or, if you decide to use the deposit bond scheme, only £1,500 is required. This strategy lets you take ownership in a growth asset with minimal cash outlay, securing the upside/positive aspects of investment at a pre-construction price.
Lake Wanaka lies at the heart of the Southern Lakes, New Zealand’s alpine wonderland, in the southwest of the South Island. It’s a destination for all seasons, wrapped in breathtaking scenery. Wanaka’s township is situated in a dramatic glacier-carved basin on the shores of the lake and is the gateway to the Mount Aspiring National Park World Heritage Area. Wanaka has a wide range of summer and winter activities providing consistent year long tourist demand.
Wanaka Lake Resort will provide excellent returns reflecting the growth of tourism and the desirability of the Wanaka area, the location of the resort and the facilities that the resort has to offer, including:
- Indoor heated swimming pool
- Saunas
- Spa Rock Pool
- Gymnasium
- Drying room for ski gear
- BBQ area
- Restaurant and bar
- Outdoor open fire
- Conference facilities suited to both local events and business/group conferences and weddingsÂ
The complex is centrally located within walking distance to the lake and Wanaka town centre and has been architecturally designed. It will be landscaped to reflect the unique local character including the use of schist stone. Added value to this property is provided by the premier resort facilities including a restaurant and bar, outdoor fire area, indoor pool, spas, saunas and gym.
Wanaka Lake Resort has solid capital growth potential and will provide consistent income, all the while being a fantastic place to stay for a few weeks of the year. Tourism in the region is growing at a very strong rate, driven by domestic and international travellers. New Zealand is seen as a clean green safe haven in the world today and New Zealand tourism benefits greatly from this. Wanaka Lake Resort provides the opportunity to become part of this huge growth industry.
- If you are interested in this resort, please contact us immediately. With 14 of the 40 units already sold we expect this project to sell out in a matter of weeks, possibly days. Furthermore, the developer has also agreed to pay our client's airfare (to a max of $1,800 NZD) if they decide to purchase at Wanaka Lake Resort after a site inspection. This offer is only available for a limited period.
