


Listing Description
Rural Lifestyle with Two Homes and Income
325-327 Riverbank Road, Wanaka, Otago
Price by negotiation
Details
Attribute | Value |
---|---|
Property type | House |
Capital value (CV) | $3,540,000 |
Agency reference | WNK30992 |
Broadband in the area |
Description
This expansive rural property, nestled by the Cardrona River, has it all. The primary residence, fully renovated last year, blends country charm with modern amenities. This includes a swimming pool, a fantastic outdoor entertaining space with a built-in kitchen and outdoor fire, and a charming open-plan living area dominated by its own open fireplace. The lower level offers three bedrooms and four-car garaging, while above, a two-bedroom loft with its own kitchenette has provided significant Airbnb income for the current owners.
Additionally, at street level, you'll find a comfortable two-bedroom home that includes four-car garaging and offers immediate rental returns, thanks to a fixed-term tenancy currently in place.
At the rear of the property, the income continues to grow with a secure, long-term commercial tenant utilising several of the sheds. While there are still available shed spaces to store your own gear or generate further income. A substantial yard near the river provides ample area for any number of uses, so space is certainly not an issue here.
This unique configuration presents a rare opportunity to enjoy the benefits of rural living, with easy access to Wanaka, while offsetting your costs and generating a healthy income from your expansive asset.
To download the property documents, please visit https://rwwanaka.co.nz/WNK30992#documents
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