22 Rata Street, Wanaka, Otago

Freshly renovated and sitting proudly in one of Wanaka's most desirable locations, 22 Rata Street is more than just a place to live - it's a solid investment. With a combined rental appraisal of $1,350 to $1,450 per week and an asking price of $1,595,000, the numbers stack up. Whether you're looking to grow your portfolio or simply want a stylish home with income potential, this one delivers.

Inside, the light-filled open-plan living area is the heart of the home - perfect for relaxed family living or entertaining friends. The brand-new kitchen shines with sleek countertops, modern appliances, and an integrated fridge/freezer. A fully upgraded bathroom and laundry round out a polished renovation that's ready to go.

With four bedrooms across two levels and a detached sleepout with its own bathroom, there's flexibility here for families, flatmates, or tenants. Use the sleepout as a home office, hobby room, or create extra income with a short or long-term rental. There's also scope to further develop the site (subject to council consent), making this an investment in both the present and the future.

Set on a generous 675sqm section with mountain views and walking distance to the lake, schools, and parks, this is classic 'Old Wanaka' buying. Move straight in, rent it out, or hold for long-term gain - whatever your strategy, this home makes sense. Get in touch today for the full information pack and to arrange your viewing.