Listed: Fri, 3 Jun

Outstanding returns, Magnificent views

1 lakeside drive, Lake Tekapo, Mackenzie, Canterbury

Enquiries over $600,000

2 Beds
2 Baths
93m² Floor

Other Features

1 Ensuite
2 Separate toilets
1 Off-street parking

Attribute	Value
Property type	Apartment
Parking	1 open spaces

Elevated on the foreshore of Lake Tekapo, you will enjoy uninterrupted views of Lake Tekapo and the Southern Alps and when the sun sets prepare to marvel at the Southern lights as Tekapo is a UNESCO recognised Dark Sky's Reserve.

Your residence will be fully equipped with state-of-the-art smart living systems all easily managed with phone and voice controls. Incorporating Smart Phone / Tablet connectivity and wireless technology for Home integration systems controlling lighting, cooling/heating, curtains etc. Also included are PowerPoints with USB charging. Biometric and RFID Card Entry door locks with Smart Phone and Intercom services included in each residence

The one-bedroom offers size (50.5m2) and convenience that encourage long stays with an open plan kitchen and living, separate king bedroom, and spacious bathroom. All residences enjoy a northerly aspect with a courtyard or balcony extending the indoor/outdoor flow so you can better enjoy summer evenings or starry winter nights. Double your space with a two-bedroom residence (93m2) comprising two king bedrooms, an ensuite for the master, and a separate bathroom for your guests.

Your sense of occasion and luxury are further enhanced with with a minimum ceiling height of 2.7m in the Bedrooms and Living with a bathroom for each bedroom.

Pricing starts at $600,000 + GST (if any) upto $1,260,000 + GST (if any). The returns on these beautiful properties are projected to show a minimum NET return of 6.2% at only 68% occupancy. At a more realistic occupancy of 80%, the NET returns show 7.7% on the one bedroom properties. On the two bedroom properties the NET return is projected at 6.1% at 68% and NET return of 7.4% at 80% occupancy. These are still conservative projections, as Tekapo typically shows occupancies higher than 80%. Cashflows and other documents are available, contact Alan.

Horizons properties are in the prime position in one of New Zealand's fastest appreciating tourism hotspots. Call Alan to avoid the disappointment of missing out.