3 Scott Street, Lake Tekapo, Mackenzie, Canterbury

The five well-appointed apartments on a single 600m2 freehold section provide a hassle-free accommodation investment with management in place. There are a total of nine bedrooms, seven bathrooms and five kitchens.

We experienced a remarkable surge in occupancy starting from November 2023, which continued an exhilarating return to pre-2020 levels during the summer of 2023/2024. We've seen the income continue to stabilise through 2024/2025.

Property Files download: copy and paste https://scottstreet.nz/investors into your browser and click on the property files link to receive the property files by email.

Relax and enjoy 5 income streams from a property that has a proven track-record and has earned excellent summer income in 2023-2024 from booking.com and airbnb rentals.

The apartment building has iron-cladding, aluminium double-glazing and low maintenance grounds. Central heating provides instant heat in winter and heat pumps provide summer cooling where needed.

Stunning Lake Tekapo with its crystal blue waters is an enviable backdrop to the alpine village. The lake, dark sky tourism, winter sports and glorious summers make for a year-round holiday destination enjoyed by all.

The sale includes land and buildings, chattels, full furnishings, equipment and forward bookings should the buyer choose to continue the holiday management contract.

Features: Building WOF through to April 2025. Ticks healthy homes boxes. Modern, warm and cosy. Modernised in 2016-2018 with all new: insulation, double-glazing, plumbing, central heating, electrical wiring, wall linings, fire protection, fittings and furnishings.

Right click on the website name to view the holiday home site: https://scottstreet.nz

The sale is subject to GST if any.