First Chance In 27 Years
217 Wanaka-Mount Aspiring Road Wanaka View map
Listing # SVLC10081 Listed 6 Oct 2016
About this property
Savills are proud to present a highly sought after investment asset located in Wanaka, New Zealand.
Seldom does an opportunity arise to secure a 4ha block with the strength of tenant covenant that this property provides so close to the fast growing Wanaka township. The property is tenanted by the nationally recognised Top 10 Holiday Park with 22.8 years remaining on the lease.
The block has been identified by the Lakes District Council for proposed rezoning which provides redevelopment potential in the long term.
For Sale by Deadline Private Treaty closing 4pm Thursday 10th November 2016 (unless sold prior)
Please contact Ben Cameron for a full information pack.
· Freehold Land and Buildings on a 4.079ha site
· Tenant: Top 10 Holiday Park Wanaka
· Net Passing Income $225,000 p.a
· 22.8 years remaining on lease
· Considerable built in rental growth
· Future development potential with proposed rezoning
| Predominant m2
| Include SAV
| Include GST
* Data provided by National Broadband Map