The 14 hectare city has gone viral with its value information of over $2.9m NZ {dollars} (about $2.62m AUD). Image: One Company The Property Specialists.
A mind-boggling probability to personal a whole city has gone viral priced like an Australian capital metropolis home – with unbelievable journey choices together with biking, mountain climbing, fishing and snowboarding.
Actual property agent Alan McLay of One Company The Property Specialists has been inundated with patrons from “in every single place”: “It’s not usually you may have a city on the market. Curiosity is large and it’s gone viral”.
The realm is a UNESCO International Geopark, and the village is positioned near ski fields, searching blocks, lakes and wineries, he stated. “We’re loving the curiosity.”
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The views are breathtaking. Image: One Company The Property Specialists.
The historic Lake Waitaki Village was constructed to assist create the hydro-electric dam that it’s positioned subsequent to. Image: One Company The Property Specialists.
There are eight three bed room homes on the positioning. Image: One Company The Property Specialists.
The uncommon alternative is positioned throughout the ditch in New Zealand – simply an hour and a half’s drive from Queenstown – although it has two different smaller ski fields close by, in addition to the well-known Alps to Ocean biking path working by way of it, and all of the water exercise you may need alongside it.
Often known as Lake Waitaki Village, it was first constructed within the Thirties to assist create the hydro-electric dam that it’s positioned subsequent to and has a value information of over $2.9m NZ {dollars} (about $2.62m AUD).
Mr McLay stated for the value that was being requested “you get lots of property” spanning 14.27 hectares together with eight homes, a lodge, restaurant, tennis and different amenities, and a number of tourism alternatives.
He stated many Australians have been amongst these eager to get caught in – most commenting on the value being equal to suburban properties – particularly given latest surges in Aussie cities like Sydney, Brisbane, Melbourne Adelaide and even the Gold Coast.
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There are alternatives for boat ramps to be set as much as take advantage of water sports activities and fishing within the space. Image: One Company The Property Specialists.
The view of the village from the dam. Image: One Company The Property Specialists.
“It’s a tremendous property for the precise purchaser,” he stated. “There’s fairly good potential for a extremely good vacation park that’s in the midst of snowboarding nation. There’s a strip of wind up on the sting of the lake that can be part of the property so there’s potentialities for boat ramps, swimming, jet skis, waterskiing, and the biking route by way of it. This could possibly be very, excellent.”
There’s a “majestic” 585sq m lodge with supervisor’s lodging visitor reception, a grand formal lounge, and enormous billiards room, he stated.
There have been additionally 5 studio suites in the primary lodge – most of that are renovated, in addition to eight three-bedroom character properties – two of which have been just lately refurbished.
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Lovely view from the eating room. Image: One Company The Property Specialists.
There’s a bar arrange on web site. Image: One Company The Property Specialists.
A completely kitted out industrial kitchen was arrange for the proprietor’s daughter who ran a restaurant for 2 years there. Image: One Company The Property Specialists.
It additionally has a 190sq m absolutely practical restaurant which the proprietor had kitted out to entice his daughter to return to New Zealand.
“The seller set it up for his daughter who was abroad. She got here residence and determined, after working it for 2 years, that she needed to return abroad. It’s absolutely outfitted and all there. There’s actual potential for any individual to return in and develop it into one thing fairly good.”
Mr McLay stated that they had listed the property on the market 5 years in the past. “We had an excellent provide, however one of many sellers was not so motivated to promote at that stage and so all of it fell over. However this time, they’re positively motivated and the timing is sweet. Improvement in that space is coming additional and additional down the valley. It’s good timing.”
The property consists of vital waterfrontage. Image: One Company The Property Specialists.
The Thirties period reception. Image: One Company The Property Specialists.
He stated the positioning was the oldest among the many hydro-electric energy stations arrange alongside the river.
“We stay in in all probability the driest a part of New Zealand, and we’ve obtained this huge river that flows proper down the valley. In 1930 the primary energy station was constructed on the Waitaki village – which is what we’re promoting. Now there’s six energy stations down the valley, and it’s very fertile, there’s irrigation and it’s excellent, however this one was the primary, and so it’s fairly historic.”
He stated the property would additionally swimsuit those that love bikes given the epic rides within the space.
“That is the kind of property that might be nice for that, as a result of being a motorcyclist previously myself, there’s some nice rides up the Waitaki Valley.”
“For cyclists, certainly one of New Zealand’s most up-to-date trails that’s been extremely popular – the Alps to Ocean – goes by way of the property.”
“There’s slightly city of below 1000 folks shut by after which additional north, about 30km, is a city that’s gone from hydro village to a wanted resort simply within the final three years. So it’s coming down the valley now to us.”
“It’s an hour and half from Queenstown, however simply over the hill there’s slightly ski area which is sort of fashionable.”
The beautiful location is an adventurer’s paradise. Image: One Company The Property Specialists.
There are additionally 5 studio items within the lodge. Image: One Company The Property Specialists.
He stated the property didn’t spark a lot curiosity when it was listed round Christmas, however January noticed a flood of curiosity from “in every single place” after the itemizing confirmed simply how a lot property the profitable purchaser might land.
“Situated on a preferred tourism path simply to the west of Kurow, this traditionally vital Thirties complicated sits poised on the sting of picturesque Lake Waitaki, alongside the well-known Alps to Ocean cycle path,” was how he marketed it.
The property is being bought as is, with the deadline for provides (over $2.9m NZD plus GST) closing February 28, 2025.
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