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Luggate

70 Main Road, Luggate, Wanaka

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1,763sqmย Land area SQM
4ย Bedrooms
2ย Lounges
2ย Bathrooms
1ย Offstreet

Asking Price NZ$739,000

Triple the opportunity


Discerning buyers searching for the ultimate development property will appreciate the range of options available here. Consider its subdivision potential, commercial zoning or capacity to gain rental returns. 70 Main Road includes three separate buildings - a cottage, house and an existing building. The cottage offers a shared kitchen and lounge area alongside one bedroom and a bathroom. Adjacent to this is the house with three bedrooms, one bathroom and clearly defined living areas. Heating is provided by a log burner and accompanied by an HRV system. Both the cottage and house currently have long term tenancies in place. Set on a generous 1,763sqm (approx) section, this property has a studio/store room and is dotted with vegetable gardens, mature trees, and former chicken coop. There is ample additional parking for multiple vehicles with cover also offered by the carport. Conveniences are never far from home with the historic Luggate Hotel next door including the Old Truck cafe and general store. Or embrace the community atmosphere and utilise the Luggate Hall and tennis courts across the road.

Anna van de Water

Anna van de Water


Bayleys Property Management Wanaka
Jamie Askham

Jamie Askham


Lake Wanaka Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Consider


its subdivision potential, commercial zoning or capacity to gain rental returns

Set


on a generous 1,763sqm (approx) section

Ultimate


development property