19 & 21 Russell Street
19 & 21 Russell Street Wanaka
proundy marketed by
Guy and Sheryl Alty
Highland Real Estate Group
Central Wanaka Blue-Chip Opportunity
This downtown Wanaka land parcel in two titles, comprising a total of approximately 1611sqm, is a blue -chip investment property opportunity that should be considered. Existing improvements include a street-front 44 bed backpacker business and a four bedroom, two-level 1940s home, with studio flat on lower level, both showing solid occupancy and good returns. With Wanaka experiencing a rapidly growing tourism market and high rental demand, the location of this property parcel situated amongst central amenities, gives many options to maximise this asset, including further development possibilities. The choice is yours - continue with its existing use, further develop, or clear the site and redesign from the ground up... what will you do? Don't delay in acquiring a strong foothold within the Wanaka investment market. Call us today for further information.
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Upload by Dale Wowk
Queenstown & Lakes District
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