Listing #:5625351311

Central Wanaka Investment & Business Opportunity

Location: Wanaka, Otago
Secure a profitable Management Rights business for the Belvedere Apartment Complex, located two blocks from the lakefront in the very heart of Wanaka town centre.

With a well-established reputation and continued visitor demand, this exceptionally well-presented complex comprises 26 apartments - 14 of which currently participate in the Management Pool. Allowing both full-time visitor accommodation and permanent residency, guests and residents enjoy a suite of shared amenities including saunas, drying and storage rooms, elevator access to all levels, designated underground car parking, and beautiful landscaped gardens. All apartments include a fully equipped kitchen, washing machine/dryer, bathroom, and either a ground-level patio or balcony plus mountain views, with many capturing lake vistas.

This offering includes the Management Rights business plus a modern 60 sq m two-bedroom on-site manager’s apartment with full open-plan kitchen/living opening to a private patio. Laundry facility, dual heat pumps, designated undercover car park and large storeroom provide effortless permanent living, while the adjacent office/reception area provides ease of daily operations.

This proven business has experienced strong growth, consistently achieving excellent occupancy rates and financial performance. The incoming purchaser will benefit from extensive improvements and streamlined systems developed since 2018.

Businesses of this calibre are rarely available in downtown Wanaka so don’t miss this opportunity to acquire investment security, and an enviable lifestyle in one of New Zealand’s fastest-growing tourist destinations. Contact us today T. 0800 4 ALTYS

*Manager’s Apartment (Stratum in Freehold Unit 102) owned under a Management Rights Agreement *Management Rights sold as a Going Concern
*Sale attracts GST (if any)

Download documents at https://filefling.co.nz/property/belvedereapa0

Agency reference #: NZW11155
Price on application
Listed: Thu 13 Nov, 6:05 pm
Guy Alty
New Zealand Sotheby’s International Realty – Wanaka
  • Contact details
  •  (021) 350214

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Agent's details

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Guy Alty
Phil Jack
New Zealand Sotheby’s International Realty – Wanaka
(03) 4432814

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