Listing #:1357663320

Lake Waitaki Village - It's Time

Location: 567 Otematata-­Kurow Road, Kurow, Waitaki, Otago
Property use: Hotel/Leis­ure
Floor area: 1,650m2
Land area: 142700m2
Rateable value (RV): $1,270,000
Price: Enquiries over $2,800,000
Parking: Garages: 9, 9 bay car garaging plus parking lot
An exciting opportunity now exists to purchase your very own community of housing on a lake edge in the heart of the stunning Waitaki Valley. Located on a popular tourist trail, approximately 7 km from Kurow, this 1930's complex is poised on the edge of picturesque Lake Waitaki, the historical use being to house Dam workers in the area. Mountains surround this serene location, and the area's tourism potential is only recently starting to be realised with the opening of the Alps to Ocean (A2O) cycle trail bringing many new visitors to the region. It is located approximately 50 minutes drive from the township of Oamaru in an area renowned for summer holiday fun and water activities. It sits in good proximity to a number of quality ski fields and hunting blocks, and offers a fantastic location as a resort or conference venue, with much of the infrastructure required already in place.

The property comprises of a 585 sq/m refurbished main Lodge with owners accommodation, reception area, billiards room, and formal lounge. There are eight 3 bedroom houses and a 190 sq/m cafe/bar with rimu and mahogany detailing and full commercial kitchen. Nine bay car garaging is available at the rear of the Lodge. Much of the hard work has been done but there is still scope to step in and complete the project to satisfy your personal requirements. Surrounded by 14 hectares of lakeside land in a pristine New Zealand holiday location.

A rare opportunity to secure an incredible mountain/lake property in proportions rarely available. Property includes valuable water rights and a unique history, an excellent recipe for success.

Agency reference #: RX1172911
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Enquiries over $2,800,000
567 Otematata-Kurow Road, Kurow, Waitaki, Otago
Enquiries over $2,800,000
Listed: Mon 26 Jun, 3:15 pm
Kelli Milmine
One Agency - The Property Specialists, (Licensed: REAA 2008)
  • Contact details
  •  (021) 629718


Agent's details

Kelli Milmine
  •  (021) 629718
Alan McLay
  •  (021) 366209
One Agency - The Property Specialists, (Licensed: REAA 2008)
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Expires: Tue 25 Jun, 8:35 am
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