Possibilities aplenty exist at the Scott Street Apartments, a recently renovated complex that represents a unique investment in the ever-popular alpine setting of Lake Tekapo.

Offering five self-contained apartments over three levels; this expansive complex hosts a total of nine bedrooms, seven bathrooms, ten car parks and contains numerous balconies where you can admire views of the lake from the upper floor and mountain views on the middle floor. Both the ground floor and first floor have street access, while the top floor is accessed by an internal set of stairs.

The complex would be well suited as managed holiday accommodation and would be equally enticing to investors as long-term rentals. Alternatively, you could also elect to reside full time while enjoying the income-earning potential provided by the remaining apartments, and the support of a strong, active community.

The property received a complete overhaul in 2016/17 and underwent new plumbing and electrical work, with refreshed decor and updated furnishings delivering modern appeal. Further advantages include the integrated type-5 fire and smoke alarm, air conditioning, and a diesel boiler for central heating and hot water.

Placed within the established and original village development with its mature trees for shelter and tranquillity; this property has dual access, is only a 10 minute stroll from restaurants and the lakeside Church of the Good Shepherd, and is within easy reach of the substantial Four Square supermarket.

A leisure lifestyle awaits with the picturesque mountains, Tekapo Springs and idyllic lake offering an assortment of recreational options, from hiking, climbing, skiing and snowboarding through to fishing, water sports, swimming and biking.

This well-maintained property is fully code compliant and benefits from a building warrant of fitness for peace of mind. Your options here are many, but our vendor only has one, and they demand a sale sooner rather than later.