A significant property in the heart of Wanakas town centre has come to the market for the first time in over 20 years.Formerly operating as the Matterhorn South Backpackers this quarter acre site is prominently located on the corner of Brownston Street and Helwick Street with immediate access to the central business district.

The property is currently vacant giving the new owner a multitude of options to either redevelop immediately, land bank or reinstate an accommodation business to generate returns.

Consisting of a two storey 8 room lodge, ensuite in all rooms, sleeping 31, a backpackers sleeping 26 plus a 2 bedroom managers flat the property would be suitable as workers accommodation perfect for seasonal staff as winter approaches. The combined accommodation can sleep a total of 60 people.

Being both visible and central this real estate offers astute investors a rare opportunity to secure a serious parcel of blue chip real estate. As Wanaka continues to growin both size and popularity this property should be seriously considered by those with an eye to the future.

For further information please contact me today.

To download the property documents please visit http://rwwanaka.co.nz/WNK23142#document