first national wanaka property guide october 2015
DESCRIPTION
ÂTRANSCRIPT
LUGGATE HOTEL, 60 MAIN ROAD, LUGGATE. MORE INFORMATION INSIDE ON P. 6
Issue 5 Spring 2015
PROPERTY GUIDEFIRST NATIONAL WANAKA
WanakaR E A L E S T A T E
Infinity First National Wanaka www.firstnationalwanaka.com
MEET OUR TEAM
LYNETTE WINSLOEPrincipal/Sales Consultant
GRAEME SINCLAIRSales Consultant
KARL HALLSales Consultant
KELLY GOOCHSales Consultant
PHILLIP TEMPLETONSales Consultant
QUENTIN LANDRETHSales Consultant
ROSEMARY BRADERSales Consultant
2015 has been a solid year for real estate sales in the Wanaka area.
Up until 31 August 2015, $275m worth of property has been sold, according to the Real Estate Institute’s statistics. Compare this to the 2014 total of $282m. If we continue at the same rate, 2015 is easily going to exceed this figure.
Around Wanaka, high numbers of section sales continue with first home buyers and investors getting into the market. At the lower end of the market, this is likely to be a reflection of the shortage of houses available. Interest rates continue to be attractive, affording extra security for future planning.
Wanaka’s breathtaking scenery and lifestyle make it a very special place to live, work and play. It may be a fairly small town but it’s bursting with character! Whether you want to go skiing, play a game of golf, go wine tasting at a local vineyard, or perhaps try mountain biking around the lake, Wanaka has something for everyone. The same goes for properties… Maybe you’re a first time buyer? Or perhaps you’re looking for your next home? Whatever you’re thinking, I’m sure our salespeople will be able to locate it for you.
Watch the Wanaka space!
Kind Regards,
WELCOME TO THE SPRING 2015 FIRST NATIONAL WANAKA
PROPERTY GUIDE
SARA SECKERSales Consultant
There’s a buzz in the air as temperatures rise and the last of the snow melts slowly away from the mountain tops. Skis are put away and as the days lengthen it’s time to pump up the tyres on your bike, check out the engines on your boat and get out your walking shoes to hit one of the tracks and trails around the Lake Wanaka region. Mt Aspiring National Park beckons — a wonderful mixture of remote wilderness, high mountains and beautiful river valleys. It’s a walker’s paradise and a must for mountaineers, hunters and fishermen.
LAKE WANAKA IN SPRING
AMANDA INKSTERAdministration Manager
AMBER HEYWARDMarketing
JESSICA CAMPBELLSales Consultant
RACHAEL UNDERWOODAdministration Assistant
2
Infinity First National Wanaka Ph. 03 443 0097
8 Sandys Lane, Albert Town Price on Application
VIEWS GALORE 223Seldom do you get the chance to acquire a stunning contemporary two storeyFrench provincial style schist cottage set on an acre of land. One the groundlevel, this immaculately presented home features an open plankitchen/lounge/dining area that opens out to a semi mature country garden, plusa laundry and bathroom. Upstairs there are three generous sized bedrooms andone bathroom, the master bedroom having a walk in wardrobe and doorsleading onto the balcony. There is a fabulous outdoor entertainment areaproviding a relaxing environment for you to enjoy or take the time to explore thewalking and cycle tracks, which are close by. Don’t delay; call me today toarrange to view this amazing home.
Web ID: FNW01509
Land area 4084m2
Floor area 175m2
[email protected] 03 443 0091 M 0272 472 668
KELLY GOOCH
3
Infinity First National Wanaka www.firstnationalwanaka.com
8 Minaret Ridge, Wanaka By Negotiation
STUNNING TIRITIRI LODGE 7107
A modern elegant architect designed complex of three separate buildings built as aluxury lodge. Environmentally sensitive design built to the highest standards withoutstanding views of Lake Wanaka and the Southern Alps. All buildings have beenconstructed of permanent materials and the design has a modern contemporary styleprofile offering quality, sustainability, elegance and substance. The interiors offer a uniqueblend of restrained sophistication and stylish comfort. This divine property offers a businessand lifestyle opportunity beyond compare.
Web ID: FNW01334
Land area 3295m2
Floor area 695m2
[email protected] 03 443 0098 M 0274 712 686
PHILLIP TEMPLETON
27 Penrith Park Drive, Wanaka $2,500,000 plus GST
PREMIER PENRITH PROPERTY 55
Presenting the Wanaka Lake House, an eco lodge which oozes luxury withoutcompromise and which has been handcrafted with sustainable features throughout. It iswithout doubt and without comparison in this area a pleasure-seeker's and entertainer'sparadise. It boasts a fully-equipped chef's kitchen, a solar-heated indoor pool plus saunaand an outdoor spa. An outdoor games room completes the picture. A Tulikivi soapstonewood fire provides radiant heat throughout the five-bedroom lodge. Private balconiesand patios provide fabulous views of the lake only metres away.
Web ID: FNW01375
Land area 1986m2
Floor area 384m2
M 021 216 7994 / 021 0274 4433
SARA SECKER & JESSICA CAMPBELL
4
Infinity First National Wanaka Ph. 03 443 0097
23 - 31 Chalmers Street, Wanaka By Negotiation
SUPERB INVESTOR OPPORTUNITY 215
An opportunity that will appeal to astute purchasers who can see the potential, visionand value of further developing this wonderful property. Purchase and land bank orundertake a comprehensive townhouse development or construct a number of upscalequality homes. The choice and "value add" benefit is all yours. The property comprises agood size corner tract of land on one title but surveyed into three separate allotmentsand is on a quiet street in a well established, sought-after location. It has an easy contourwith good dimensions.
Web ID: FNW01240
Land area 4045m2
Floor area 280m2
[email protected] 03 443 0098 M 0274 712 686
PHILLIP TEMPLETON
3283 Makarora-Lake Hawea Rd, Lake Hawea Offers Invited
EXCEPTIONAL LODGE HOME 277
An exceptional home on which to build an exceptional lifestyle.Location – Queenstown Lakes Wanaka District, lakeshore land, 67acres. Privacy without isolation in a superlative setting. This iconicbuilding was created by one of New Zealand's leading architects,the award winning Peter Beaven. To Peter's relief his designguidelines were brief – natural, simple and classic. He was givenfree rein.
[email protected] 03 443 0098 M 0274 712 686
PHILLIP TEMPLETON
FNW00857Web ID:Land area 27.1882 ha
Floor area 492m2
Lots 3 and 6 Stevenson Road, Wanaka $2,500,000
BALLOON COUNTRYThis property has land bank written all over it. The contour is flat 263acres, with water and a building platform from which you cancreate your new dream. The current owner grows lucerne and iscalving his Angus heifers. Located between Wanaka and theairport, this property has outstanding views in all directions and acreek running through it which may be used for irrigation.
[email protected] 0273 555 399
QUENTIN LANDRETH
FNW01011Web ID:Land area 106.4938 ha
5
Infinity First National Wanaka www.firstnationalwanaka.com
Apt 401, 9 Lakeside Road, Wanaka By Negotiation
DELUXE WANAKA PENTHOUSE 123
On the penthouse floor of the Lakeside Apartment complex this superb deluxe apartmentis self contained & fully serviced with an open plan style kitchen, dining area and lounge,three bedrooms, bathroom, ensuite, full laundry facilities and extensive private deckdesigned for outdoor entertainment. This northwest facing apartment is well orientated forthe sun with unobstructed views of the lake, boat marina and mountains. Imagine wakingup every morning to the beautiful views from this stunning super spacious penthouse.
Web ID: FNW01290
Floor area 150m2
[email protected] 03 443 0098 M 0274 712 686
PHILLIP TEMPLETON
60 Main Road, Luggate $1,950,000
HISTORIC HOTEL IN CENTRAL OTAGOA rare opportunity to purchase the historic Luggate Hotel, built in 1867. Prominentlylocated on the Wanaka Luggate Highway, a popular tourist route it is only five minutesdrive from Wanaka airport. This freehold property and business is well established withregular bookings from local clientele and a steady trade from passing traffic. There areconcept plans for a five lot subdivision on the property as an option and it’s close toworld class snow skiing, fly fishing, walking and cycling trails.
Web ID: FNW01504
Land area 6258m2
Floor area 440m2
M 0273 555 399 / 021 504 749
QUENTIN LANDRETH & GRAEME SINCLAIR
6
Infinity First National Wanaka Ph. 03 443 0097
47 Kaituki Ridge Lane, Queensberry $1,450,000
A BEAUTIFUL WAY OF LIFE 335There is nothing left to want in this stunning Queensberry property. Verandas wraparound both north-facing sides to enjoy the sun at any time of day all winter long.In the summertime a separate area opens for an indoor-outdoor summer kitchen,sheltered from the wind and heat of the sun, and complete with a BBQ/rangehood, fridge and even a log burner. If the three-bay garage doesn't provideenough room for your toys, the huge 200 sqm shed should suffice. The land itself isto be envied, scattered with lichen-clad natural boulders, complete with a henhouse, vege gardens, glasshouse, and hideaway spa area. A lower paddock ofLucerne can provide extra income, and the entire property on the north side ofthe road is fully rabbit fenced.
Web ID: FNW01501
Land area 9.178 haFloor area 345m2
M 0273 555 399 / 021 0274 4433
QUENTIN LANDRETH & JESSICA CAMPBELL
7
Infinity First National Wanaka www.firstnationalwanaka.com
9 Infinity Drive, Wanaka $1,259,000
NEXT PROJECT WAITING! 224
You have to step inside this property to appreciate all it has to offer! The layout is great,maximising the views of Peninsula Bay from the adjacent living/dining spaces and fromthe master bedroom. An internal courtyard provides the perfect solution to any wind andadds an extra “room” in the summer. The spaces are more than generous; the kitchen isperfect for the foodie in us and the butler’s pantry is impressive. Even the laundry is extralarge and in just the right place. View and be very impressed. Call today.
Web ID: FNW01412
Floor area 269m2
[email protected] 03 443 0177 M 0272 255 344
ROSEMARY BRADER
247 Beacon Point Road, Wanaka $2,395,000
THE BEST VIEWS IN WANAKA 335
This property offers the best uninterrupted and panoramic viewspossible! Situated on a 4432 sqm elevated section of easy contour,the house of 475 sqm was built in 2006 to the highest standards andusing the best materials possible. The home consists of fivebedrooms, three bathrooms and four toilets. The lounge and diningarea is open plan to take full advantage of the spectacular views.
[email protected] 03 443 0473 M 021 396 858
KARL HALL
FNW01416Web ID:Land area 4432m2
Floor area 489m2
270 Mount Aspiring Road, Wanaka By Negotiation
WATERFALL CREEK LAKE WANAKAThis outstanding 1.351 hectare property is one of those rareopportunities that offer iconic lake and mountain views and yet theproperty is just so close to Wanaka town itself. Easily accessed offMount Aspiring Road, this elevated exclusive site is north facing witha panoramic lake and mountain outlook that will never becompromised. A large fully formed building platform is already inplace, ready to build your dream home.
[email protected] 03 443 0473 M 021 396 858
KARL HALL
FNW01239Web ID:Land area 1.351 ha
8
Infinity First National Wanaka Ph. 03 443 0097
1 Cliff Wilson Street, Wanaka $1,300,000 plus GST
PRIME LOCATION - FULLY TENANTEDA great property on a corner site at 1 Cliff Wilson Street in Wanaka opposite the hugeMitre 10 store and only a short walk from Wanaka CBD area. The property is fully tenantedwith new leases in place for the two tenants, a designer of high quality outerwear and anelectrical wholesaler. The property should appeal to experienced investors wanting tosecure a commercial building in a very good location in a fast growing tourist town. Thesite is a level site of 822 sqm zoned multi-use within the Industrial zoning.
Web ID: FNW01500
Land area 822m2
Floor area 663m2
[email protected] 021 504 749
GRAEME SINCLAIR
159 Lismore Street, Wanaka $1,250,000
VIEWS GALORE 235
Located in a very popular area of Wanaka with stunning lake and mountain views. It'sonly a short stroll from the Wanaka township and the lake walking/cycling tracks. Thisfabulous two-storey, immaculately presented home has an open plan kitchen/diningarea and separate retreat lounge plus an open plan office with bi-fold doors leading to abalcony. Two fabulous outdoor entertainment areas, one with an open fireplace, providea great environment for you to relax and enjoy.
Web ID: FNW01418
Land area 1640m2
Floor area 316m2
[email protected] 03 443 0091 M 0272 472 668
KELLY GOOCH
9
Infinity First National Wanaka www.firstnationalwanaka.com
1/72 Lismore Street, Wanaka $1,195,000
LISMORE'S THE LIMIT 222
This is five-star, architecturally-designed living at its best in Wanaka. Think luxury andrelaxation. Think awe-inspiring, unobstructed views overlooking Roys Bay and the WanakaMarina. Live only five minutes' walk from Wanaka's cafes and bars. This sophisticated,freehold apartment is centrally-heated with open plan living, wood fireplace, twoensuited bedrooms, outdoor living with gas fireplace and garaging for two cars. Thisapartment has been created by a Master Tradesman with extensive experience inbuilding apartments in this area.
Web ID: FNW01431
Floor area 117.5m2
[email protected] 0273 555 399
QUENTIN LANDRETH
141c Lakeside Road, Wanaka $1,150,000
WOW - WHAT A VIEW! 224
Enjoy the location of this attractive modern multi-level property featuring four bedrooms,two bathrooms, office alcove and a large double garage. Partially cladded with localschist, this townhouse reflects all the good things about Wanaka and Central Otago.Overlooking the boat launching area and the yacht club, you could relax on the deckand enjoy the year round activities that Lake Wanaka offers. Tastefully decorated andbeautifully appointed, this property offers an easy holiday or permanent lifestyle all yearround. A gas fire or heat pump ensures instant warmth for the winter.
Web ID: FNW01475
Floor area 270m2
[email protected] 03 443 0091 M 0272 472 668
KELLY GOOCH
10
Infinity First National Wanaka Ph. 03 443 0097
Lot 1 Luggate-Tarras Road, Wanaka By Negotiation
COMING HOMEThis is where you start getting really excited when returning to Wanaka. Elevated abovethe Clutha River and midway between Tarras and the Red Bridge this property is a truegem. Terraced perfectly by nature to grandstand the North, North Western view of themeandering Clutha which can be seen all the way up to the Outlet of Lake Wanaka. It isvery rare to find a spot with such fantastic views and to have river access, the road isformed the land is cleared grab your architect and build an iconic home in this iconiclandscape. Call me now, I love showing people this awesome spot.
Web ID: FNW01128
Land area 12.4034 ha
[email protected] 0273 555 399
QUENTIN LANDRETH
Cemetery Road, Lake Hawea $995,000
IDYLLIC PLACE WITH LOTS OF SPACEYou'll never feel like you're missing out on anything in life when you build your dreamhome on this idyllic slice of New Zealand lifestyle. A flat, tree-lined property near LakeHawea provides the land needed to carry out any dream you could desire. Grazeanimals in five separately fenced paddocks, and live a fully self-sustainable existence!Providing acres of opportunity, this is the place and the space you have been searchingfor.
Web ID: FNW01488
Land area 34.467 ha
[email protected] 0273 555 399
QUENTIN LANDRETH
11
Infinity First National Wanaka
12
Infinity First National Wanaka
The home buyer
13% of respondents were actively looking for a property to purchase, while 20% had bought a property. This leaves 67% of respondents not having made a property investment in the last 12 months. Of the 20% who had bought, the biggest reason given was “investment” with upsizing/downsizing and first-home coming second and third respectively. Investment was over twice as likely a response as the next most common.
One third of all survey respondents indicated that over
the last 12 months they had either looked to buy or had
bought a property.
FORSALE
9%Downsizing
17%First Home
31%Investment
11%Moving cities
or jobs
13%Upsizing
19%Other
OPEN
Reasons for buying:
“People should look at cheaper not necessarily new
houses that they can add value to, like we did”
SURVEY CUSTOMER QUOTE
5
Deciding factors
58% of people felt that local amenities were “very important” or “essential” when making the decision to buy. Commuting time was the second most cited factor, indicating why buying in Auckland city can be so expensive – people want to live close to where they work.
Capital gains were also considered important. This factor was regarded as “essential” by the greatest number of respondents, demonstrating the high number of investment properties being purchased. While suburb name and school zone were considered less important.
When asked to identify the single most important variable when considering buying a property, nearly twice as many people chose “opportunity to add value” than the next most popular “low maintenance”. This is consistent with the investment preference and capital gains.
Home owners felt the most stressful part of the process (as identified by the survey respondents) was the physical move itself, which was marginally ahead of the property search and negotiating a price.
Factors that impact purchasing decisions:
Capital gains
Suburb name
Local amenities
Commute time
School zones
339
155
382
1018
813
1162
1072
1085
937
1217
967
1353
1109
666
676
438
329
324
244
148
Not important Somewhat important Very important Essential
Num
ber
of
resp
ond
ents
6
When asked to identify the single most important variable, 58% of people felt that local amenities were “very important” or “essential” when making the decision to buy. Capital gains were also considered important. This factor was regarded as “essential” by the greatest number of respondents, demonstrating the high number of investment properties being purchased.
Deciding Factors
Deciding factors
58% of people felt that local amenities were “very important” or “essential” when making the decision to buy. Commuting time was the second most cited factor, indicating why buying in Auckland city can be so expensive – people want to live close to where they work.
Capital gains were also considered important. This factor was regarded as “essential” by the greatest number of respondents, demonstrating the high number of investment properties being purchased. While suburb name and school zone were considered less important.
When asked to identify the single most important variable when considering buying a property, nearly twice as many people chose “opportunity to add value” than the next most popular “low maintenance”. This is consistent with the investment preference and capital gains.
Home owners felt the most stressful part of the process (as identified by the survey respondents) was the physical move itself, which was marginally ahead of the property search and negotiating a price.
Factors that impact purchasing decisions:
Capital gains
Suburb name
Local amenities
Commute time
School zones
339
155
382
1018
813
1162
1072
1085
937
1217
967
1353
1109
666
676
438
329
324
244
148
Not important Somewhat important Very important Essential
Num
ber
of
resp
ond
ents
6
Property ConcernsFor 94% of survey respondents, their greatest concern was property value, followed closely by rates increases and major maintenance expenses. The survey asked what tools would be most helpful. The most useful tools that people sought were related to value. Respondents wanted to understand the changes in value to their own property, as well as having information pertaining to local market trends.
Property Concerns
The survey asked what tools would be most helpful to owners or buyers. Given the increase in house prices throughout much of New Zealand – and particularly in Auckland and Christchurch, the most useful tools that people sought were related to value. Respondents wanted to understand the changes in value to their own property, as well as having information pertaining to local market trends.
Information on how to maximise value as well as a sum insured calculator rated highly.
At the other end of the scale, calculators for mortgages/investments and renovation costs were considered less helpful. This is unsurprising given the range of mortgage repayment calculator and renovation tools currently available online.
Our customers felt the most helpful tools for homeowners
and buyers were related to understanding changes
in property value.
Other information & tools that property owners would find useful:
65%Changes in the value of my property
50%Information on how to maximise property value
17%Mortgage calculators & advice
51%Accurately calculate my Sum Insured Value
36%Renovation calculator
21%Investment tools & calculators
34%Local demographic information
62%Local market trends & information
9
Property Concerns
The survey asked what tools would be most helpful to owners or buyers. Given the increase in house prices throughout much of New Zealand – and particularly in Auckland and Christchurch, the most useful tools that people sought were related to value. Respondents wanted to understand the changes in value to their own property, as well as having information pertaining to local market trends.
Information on how to maximise value as well as a sum insured calculator rated highly.
At the other end of the scale, calculators for mortgages/investments and renovation costs were considered less helpful. This is unsurprising given the range of mortgage repayment calculator and renovation tools currently available online.
Our customers felt the most helpful tools for homeowners
and buyers were related to understanding changes
in property value.
Other information & tools that property owners would find useful:
65%Changes in the value of my property
50%Information on how to maximise property value
17%Mortgage calculators & advice
51%Accurately calculate my Sum Insured Value
36%Renovation calculator
21%Investment tools & calculators
34%Local demographic information
62%Local market trends & information
9
Property Concerns
The survey asked what tools would be most helpful to owners or buyers. Given the increase in house prices throughout much of New Zealand – and particularly in Auckland and Christchurch, the most useful tools that people sought were related to value. Respondents wanted to understand the changes in value to their own property, as well as having information pertaining to local market trends.
Information on how to maximise value as well as a sum insured calculator rated highly.
At the other end of the scale, calculators for mortgages/investments and renovation costs were considered less helpful. This is unsurprising given the range of mortgage repayment calculator and renovation tools currently available online.
Our customers felt the most helpful tools for homeowners
and buyers were related to understanding changes
in property value.
Other information & tools that property owners would find useful:
65%Changes in the value of my property
50%Information on how to maximise property value
17%Mortgage calculators & advice
51%Accurately calculate my Sum Insured Value
36%Renovation calculator
21%Investment tools & calculators
34%Local demographic information
62%Local market trends & information
9
Property Concerns
The survey asked what tools would be most helpful to owners or buyers. Given the increase in house prices throughout much of New Zealand – and particularly in Auckland and Christchurch, the most useful tools that people sought were related to value. Respondents wanted to understand the changes in value to their own property, as well as having information pertaining to local market trends.
Information on how to maximise value as well as a sum insured calculator rated highly.
At the other end of the scale, calculators for mortgages/investments and renovation costs were considered less helpful. This is unsurprising given the range of mortgage repayment calculator and renovation tools currently available online.
Our customers felt the most helpful tools for homeowners
and buyers were related to understanding changes
in property value.
Other information & tools that property owners would find useful:
65%Changes in the value of my property
50%Information on how to maximise property value
17%Mortgage calculators & advice
51%Accurately calculate my Sum Insured Value
36%Renovation calculator
21%Investment tools & calculators
34%Local demographic information
62%Local market trends & information
9
Property Concerns
The survey asked what tools would be most helpful to owners or buyers. Given the increase in house prices throughout much of New Zealand – and particularly in Auckland and Christchurch, the most useful tools that people sought were related to value. Respondents wanted to understand the changes in value to their own property, as well as having information pertaining to local market trends.
Information on how to maximise value as well as a sum insured calculator rated highly.
At the other end of the scale, calculators for mortgages/investments and renovation costs were considered less helpful. This is unsurprising given the range of mortgage repayment calculator and renovation tools currently available online.
Our customers felt the most helpful tools for homeowners
and buyers were related to understanding changes
in property value.
Other information & tools that property owners would find useful:
65%Changes in the value of my property
50%Information on how to maximise property value
17%Mortgage calculators & advice
51%Accurately calculate my Sum Insured Value
36%Renovation calculator
21%Investment tools & calculators
34%Local demographic information
62%Local market trends & information
9
Changes in the of value of my property
Accurately calculate my Sum Insured Value
Local demographic information
Renovation calculator
Local market trends & information
Info on how to maximise property value
Investment tools& calculators
Mortgage calculators & advice
NEW ZEALAND PROPERTY SURVEYSEPTEMBER 2015We asked New Zealanders what they really thought about property. What challenges Kiwis faced when selling or buying and how they felt about the property market. Here are the results.
NEW ZEALAND PROPERTY SURVEY: September 2015The CoreLogic New Zealand Property Survey asked 16,000 New Zealanders what they really thought about when selling or buying and how they felt about the property market. Here are the results...
The home buyer
13% of respondents were actively looking for a property to purchase, while 20% had bought a property. This leaves 67% of respondents not having made a property investment in the last 12 months. Of the 20% who had bought, the biggest reason given was “investment” with upsizing/downsizing and first-home coming second and third respectively. Investment was over twice as likely a response as the next most common.
One third of all survey respondents indicated that over
the last 12 months they had either looked to buy or had
bought a property.
FORSALE
9%Downsizing
17%First Home
31%Investment
11%Moving cities
or jobs
13%Upsizing
19%Other
OPEN
Reasons for buying:
“People should look at cheaper not necessarily new
houses that they can add value to, like we did”
SURVEY CUSTOMER QUOTE
5
The Home Buyer
The home buyer
13% of respondents were actively looking for a property to purchase, while 20% had bought a property. This leaves 67% of respondents not having made a property investment in the last 12 months. Of the 20% who had bought, the biggest reason given was “investment” with upsizing/downsizing and first-home coming second and third respectively. Investment was over twice as likely a response as the next most common.
One third of all survey respondents indicated that over
the last 12 months they had either looked to buy or had
bought a property.
FORSALE
9%Downsizing
17%First Home
31%Investment
11%Moving cities
or jobs
13%Upsizing
19%Other
OPEN
Reasons for buying:
“People should look at cheaper not necessarily new
houses that they can add value to, like we did”
SURVEY CUSTOMER QUOTE
5
The home buyer
13% of respondents were actively looking for a property to purchase, while 20% had bought a property. This leaves 67% of respondents not having made a property investment in the last 12 months. Of the 20% who had bought, the biggest reason given was “investment” with upsizing/downsizing and first-home coming second and third respectively. Investment was over twice as likely a response as the next most common.
One third of all survey respondents indicated that over
the last 12 months they had either looked to buy or had
bought a property.
FORSALE
9%Downsizing
17%First Home
31%Investment
11%Moving cities
or jobs
13%Upsizing
19%Other
OPEN
Reasons for buying:
“People should look at cheaper not necessarily new
houses that they can add value to, like we did”
SURVEY CUSTOMER QUOTE
5
www.firstnationalwanaka.com
13
0%
10%
20%
30%
40%
50%
60%
Wanaka andSurrounds
Rest of Otago Canterbury Southland Auckland Other (NZ) Overseas
Total %
of S
ales
Location of Purchasers
First National House and Section sales in Wanaka & SurroundsPurchaser Location Comparison
2014/2015
2014
2015
0%
10%
20%
30%
40%
50%
60%
Wanaka andSurrounds
Rest of Otago Canterbury Southland Auckland Other (NZ) Overseas
Total %
of S
ales
Location of Purchasers
First National House and Section sales in Wanaka & SurroundsPurchaser Location Comparison
2014/2015
2014
2015
First National House and Section SalesPurchaser Location Comparison 2014/2015
REINZ Annual House and Section Sales (Wanaka Region)
10
20
30
40
50
60
70
80
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Num
ber S
old
REINZ Annual House and Section Sales (Wanaka Region)
All Sales 2010
All Sales 2011
All Sales 2012
All Sales 2013
All Sales 2014
All Sales 2015
10
20
30
40
50
60
70
80
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Num
ber S
old
REINZ Annual House and Section Sales (Wanaka Region)
All Sales 2010
All Sales 2011
All Sales 2012
All Sales 2013
All Sales 2014
All Sales 2015
Making a move this spring and need a little help and support to get you on your way?
Our sales team is here to help. We’re local, we’re experienced we’re passionate and we’re here to help you.
Do you know what your property is worth?Contact us for a free appraisal of your property or just call us for a birds eye view of the market.
Infinity First National Wanaka www.firstnationalwanaka.com
100 Studholme Road, Wanaka $900,000
SUPERB ALPINE AND LAKE VIEWSAn elevated north facing stunner! With superb mountain and Lake Wanaka views, this isone of the very best. A 2940 sqm site and an aspect which provides all day sun andfantastic views. The work has been done to allow a house construction to make maximumuse of the building zone and shelter as well. Located off a private road yet very close totown. All services to the boundary. A property that will stimulate your interest in buildingsomething special to complement this excellent site. If you are looking for a stimulatingand exciting project look no further. Call me for an inspection.
Web ID: FNW01492
Land area 2940m2
[email protected] 03 443 0473 M 021 396 858
KARL HALL
86 Riverview Road, Queensberry $895,000
EVERY MAN'S DREAM SHED! 214
Live the ultimate lifestyle on a fully fenced five plus hectare property only 15 minutes toWanaka. This beautifully built home features Rimu architraves surrounding double-glazedaluminium windows, hand-built wooden doors, and a 50 sqm verandah fantastic forentertaining your guests or relaxing in a spa pool while taking in the gorgeous scenery.The separate 180 sqm shed is large enough to house an R44 helicopter plus additionalstorage. Extensive irrigation will keep your grass growing for grazing, so you can utilise theland as-is or develop to your own taste. The location is unbeatable!
Web ID: FNW01420
Land area 5.356 haFloor area 180m2
M 0273 555 399 / 021 0274 4433
QUENTIN LANDRETH & JESSICA CAMPBELL
14
Infinity First National Wanaka Ph. 03 443 0097
56 West Meadows Drive, Wanaka $795,000
NOW UNDER CONSTRUCTION 224
This is your chance to live in a superb newly built modern family home in a well establishedarea in a location not far from town and the lake and with walking tracks and cycletracks in easy reach. This property would make an ideal family home or holiday home.Building has started and will consist of an open plan kitchen/dining/living area, includinga walk-in-pantry, plus a separate retreat lounge. There are four bedrooms, the mastersuite having a walk-in-wardrobe and ensuite, plus a family bathroom, a large doublegarage and separate laundry area.
Web ID: FNW01411
Land area 735m2
Floor area 233m2
[email protected] 03 443 0091 M 0272 472 668
KELLY GOOCH
550 Wanaka-Luggate Hwy, Wanaka $1,100,000
LIFESTYLE LIVINGThis is a rare opportunity to purchase a 15.4 ha bareland lifestyleblock within six minutes' drive from Wanaka. The panoramic viewsare majestic and all day sun is a bonus! There is no designatedbuilding platform and no irrigation in place, but there is access to aplentiful water supply. It is currently sown in lucerne. This really is oneof the best lifestyle blocks available so call me now to view.
[email protected] 03 443 0473 M 021 396 858
KARL HALL
FNW00841Web ID:Land area 15.390 ha
13 Frederick Street, Wanaka $810,000
NOT MANY LARGE SITES LIKE THIS LEFT IN WANAKAThis large section is in an established industrial/commercial areaonly two km from Wanaka's CBD. The site is level and access forlarge vehicles should be easy. It could suit a variety of uses such aslight industrial, bulk warehousing, storage or a base for a transportcompany. Titled sites of this size are currently in short supply. It couldbe bought as a long term hold and developed to meet tenants'demands. Contact us for more information.
M 0273 555 399 / 021 504 749
QUENTIN LANDRETH & GRAEME SINCLAIR
FNW01380Web ID:Land area 4239m2
15
Infinity First National Wanaka www.firstnationalwanaka.com
40 Rob Roy Lane, Wanaka $779,000
ON THE PARK 324
You will be hard pressed to find another fabulous modern place like this one. Propertieslike this do not last long on the market so consider this as a top priority to view. Spaciouslyappointed with a designer kitchen to envy, this new four bedroom, two bathroom familyhome is sure to be admired. The home is extremely well designed with modern fixturesand fittings throughout. If you are into entertaining, then the large modern kitchen with itsown butler's pantry is sure to delight and for the blokes there is a triple car garage that willhave them drooling.
Web ID: FNW01489
Land area 877m2
Floor area 252m2
[email protected] 03 443 0091 M 0272 472 668
KELLY GOOCH
14 Loach Road, Lake Hawea $729,000
RUSTIC RURAL RETREAT 324
Seldom do you get the chance to acquire a stunning rural lifestyle schist cottage withrustic charm. This extensively renovated, two-storey schist cottage has mature, establishednative garden with all day sun and mountain views. The fabulous outside entertainmentarea with open schist fireplace provides a relaxing environment for you to enjoy. Thisinviting home has open plan kitchen/dining and a separate retreat lounge. There is also atriple car garage, office and large loft, bedroom and a bathroom under construction anda consent to run a retail business.
Web ID: FNW01337
Land area 4008m2
Floor area 339m2
[email protected] 03 443 0091 M 0272 472 668
KELLY GOOCH
16
Infinity First National Wanaka Ph. 03 443 0097
1 Gladsmuir Road, Queensberry $619,000
UNEXPECTED BEAUTY 12
Grab a proper coffee from the neighbouring Lazy Dog cafe and enjoy the light as itdances beautifully on the surrounding hills. Sit inside your incredibly warm and cosy homeor take in the fresh air from the large deck whilst looking out to the snow-capped St.Bathans; you will never want to leave! The unexpected beauty of the gully and stream issure to please, while providing some of the purest water for drinking and essentiallyendless irrigation supply. This property has been meticulously maintained and is a must-view to appreciate the surprises it has to offer! View by appointment only.
Web ID: FNW01432
Land area 5.66 haFloor area 199m2
M 0273 555 399 / 021 0274 4433
QUENTIN LANDRETH & JESSICA CAMPBELL
Lot 13 Stevensons Road, Wanaka By Negotiation
PLAYBOY'S PARADISEIf you want to play, and play hard with the best of them, this is thespot for you. If you don't like fast cars, helicopters, jet boats, the shrillof excitement resonating across this stunning landscape then this isnot for you. Seriously the boys around this block are focused onenjoying life to the max. So if you love to play and have some cooltoys that you don't mind sharing give Quentin a call and I'll showyou what Im talking about.
[email protected] 0273 555 399
QUENTIN LANDRETH
FNW01129Web ID:Land area 20.1529 ha
41 Bills Way, Wanaka $680,000
RESIDENCE OR HOME AND INCOME 224
This desirable two-storey residence is located on a quiet street in apopular and well established area. Sitting in a commandingposition on the site, it enjoys views towards the nearby hills andmountains. This property will instantly appeal to those seeking afamily home that is large enough to accommodate the widerfamily and friends who come to stay, whilst still allowing plenty ofroom for the boat and vehicles.
[email protected] 03 443 0098 M 0274 712 686
PHILLIP TEMPLETON
FNW01506Web ID:Land area 874m2Floor area 280m2
17
Infinity First National Wanaka www.firstnationalwanaka.com
9B Mill End, Wanaka $585,000
NOT TO BE MISSED 123
First time on the market! Excellent location in a sunny, sheltered, very special corner ofRippon Lea. This single ownership home easily fulfills the requirements of permanentresidency, or anyone looking for the perfect holiday base. A massive living area openingonto sunny deck spaces ensures quality inside and outside living on a year round basis.The home is heated by a large log burner which is backed up by a high capacity heatpump. Two bedrooms on the ground floor have their own bathroom and a separatetoilet, plus lots of storage. The main bedroom is upstairs with its own ensuite.
Web ID: FNW01498
Land area 600m2
Floor area 230m2
[email protected] 03 443 0473 M 021 396 858
KARL HALL
56 Lismore Street, Wanaka $665,000DON'T DREAM IT - LIVE THE DREAMSitting in a premium location with incredible views over the Wanaka townshipand lake, from the marina to the mountains beyond. Unleash the architectand book the builder as this is an idyllic site for your new home.
SARA SECKER 021 216 7994LYNETTE WINSLOE 021 437 171
FNW00615Web ID:
Lot 1 Mt Aspiring/Studholme Rd, Wanaka $555,000FANTASTIC LOCATIONThis is what it is all about! At 3154 sqm, this unique site is much more than justa section. It oozes ambience, is supremely sheltered with all day sun, is inwalking distance to the lake and offers great views including sightings ofLake Wanaka.
KARL HALL 021 396 858 FNW00880Web ID:
Lot 2 Mt Aspiring/Studholme Rd, Wanaka $545,000THE CHOICE IS YOURS!One of two sites, at 3546 sqm, this is much more than just a section! Withineasy walking distance of downtown Wanaka and just so close to WanakaStation Park and the lakeside track to Glendhu Bay. All usual town servicesare available.
KARL HALL 021 396 858 FNW01312Web ID:
697 Aubrey Road, Wanaka $499,000KING OF THE CASTLEThis is your chance to acquire a stunning 5249 sqm lifestyle block on the northside of Little Mount Iron. This elevated property boasts views of Lake Wanakawith outstanding mountain vistas and is conveniently close to town.
KELLY GOOCH 0272 472 668 FNW01338Web ID:
18
Infinity First National Wanaka Ph. 03 443 0097
23 Westview Road, Wanaka $419,000
IT'S ALL ABOUT LOCATION & VIEWLocated in an enviable position on Westview Road, Peninsula Bay this beautifullypresented and nicely contoured section has good site dimensions and is ready to be builton. It has splendid views of the lake and mountains and a superb position and location tobuild your dream home. Those purchasers seeking a section to maximise the value benefitof their home build will recognise and appreciate the attributes and benefits ofpurchasing this land. Enjoy the splendour of the sun as it sets gently over the mountains.
Web ID: FNW01346
Land area 702m2
[email protected] 03 443 0098 M 0274 712 686
PHILLIP TEMPLETON
Lot 9 Gladsmuir Road, Queensberry $480,000 plus GSTDELIGHTFUL RURAL PASTURES AND LIFESTYLE BLOCKThis delightful rural undeveloped lifestyle block of 11.91 ha, has excellentpotential offering arable pasture land on the Luggate-Cromwell Highway.Property can also be accessed from Gladsmuir Road. Excellent orientationfor sun and views.
PHILLIP TEMPLETON 0274 712 686 FNW00877Web ID:
Lot 100 Skylark Place, Lake Hawea $450,000BIG LAND, BIG VIEW, SMALL PRICEHere is a unique opportunity to either land bank in this rising market or secureyour privacy on this flat 16800 sqm in the middle of Lake Hawea. There is aproposed scheme plan to subdivide this block into 12 small blocks.
QUENTIN LANDRETH 0273 555 399 FNW01141Web ID:
21N Gordon Road, Wanaka $450,000 plus GST (if any)PICK OF THE BUNCHThe best of this Gordon Road complex in the heart of the Wanaka industrialand retail area. All appliances are in pristine condition as the property hasnever been lived in. An excellent rental proposition or home andincome/work combination. Three bed apartment upstairs, commercial areadownstairs.
KARL HALL 021 396 858 FNW01360Web ID:
5 Connell Terrace, Wanaka $340,000HIGH PROFILE LOCATION IN ESTABLISHED AREAThis flat, elevated section is in an established commercial area within two kmof Wanaka. An ideal site for a smaller supplier to the building trade, a lightmanufacturer or a bulk warehouse operation.
QUENTIN LANDRETH 0273 555 399GRAEME SINCLAIR 021 504 749
FNW01379Web ID:
19
Infinity First National Wanaka www.firstnationalwanaka.com
59 Matheson Crescent, Albert Town $310,000
SPACIOUS, ELEVATED SITESurround yourself with 360 degrees of magnificent mountain views. The only sectioncurrently available in the original Riverside Terrace development, this elevated section is arare find! What you see is what you get; all surrounding properties are already established.With a flat contour for economical building, it's time to unleash the architect and bookthe builder! Let Jessica or Sara meet you on-site, or e-mail us for additional information.
Web ID: FNW01147
Land area 1609m2
M 021 216 7994 / 021 0274 4433
SARA SECKER & JESSICA CAMPBELL
Lot 2 Haast-Jackson Bay Rd, Neils Beach $195,000 eachEXQUISITE BEACH FRONTAGEEscape to Neil's Beach, the closest thing to paradise south of the ArawhataRiver. Whether you enjoy fishing, white-baiting or jet-boating, going on bush-walks, or learning about Maori history and culture, you will find something toenjoy in this wee West-Coast town.
QUENTIN LANDRETH 0273 555 399 FNW00921Web ID:
3980D Haast-Jackson Bay Rd, Jackson Bay $95,000HUNTING OR FISHINGBuild your own hunters lodge today. Perfect spot for all types of hunting andfishing. Close to the bush and the sea. There is plenty of room for the house,garage, boat-shed and more.
QUENTIN LANDRETH 0273 555 399 FNW00892Web ID:
40 Reece Crescent, Wanaka $62,000 per annumPRIME WANAKA CENTRAL PROPERTY FOR LEASEA 460 sqm commercial building with real street appeal in a thriving businessarea. Good access, ideal for retail, service industries or manufacturing withpotential to be split up and used by more than one business.
PHILLIP TEMPLETON 0274 712 686KARL HALL 021 396 858
FNW01410Web ID:
37 Reece Crescent, Wanaka By NegotiationNEW PREMISES TO LEASEThis well designed 800 sqm building in an established commercial area inWanaka has a variety of uses. The ground floor (354 sqm) with its large displaywindows could be suitable for one large retailer or two smaller operations.
GRAEME SINCLAIR 021 504 749KELLY GOOCH 0272 472 668
FNW01386Web ID:
20
Infinity First National Wanaka Ph. 03 443 0097
2681 Te Anau-Milford Highway, Te Anau Downs Price on Application
UNBELIEVABLE OPPORTUNITY - OFFERS?Uniquely located right beside the lake at Te Anau Downs, just 600 metres from the boatdeparture point for the famous Milford Track walk, and 91 km from Milford Sound.Circumstances for the owners have changed and this property is surplus to requirementsso they are prepared to meet the market to get a quick sale. Fiordland National ParkLodge currently operates the facility that has 20 self-contained motel units and 11backpacker rooms for tourist accommodation but these facilities could also be adaptedso that they could be used for an outdoor education centre, training camp or a retreat.
Web ID: FNW01451
Land area 3.0149 haFloor area 1855m2
M 0273 555 399 / 021 504 749
QUENTIN LANDRETH & GRAEME SINCLAIR
17, 2326 Cardrona Valley Rd, Cardrona $65,000
THE GREAT ESCAPE 11
The perfect base to explore and enjoy Central Otago at its finest.This fully furnished one bedroom studio is close to the Snow Farmand Cardrona ski fields and a short stroll to the historic CardronaHotel. The pool, spa, BBQ area and an onsite bar and pizzeria areall for you to enjoy after your days adventure. A 30 minute drive tothe Queenstown international airport, and only 20 minutes toWanaka.
[email protected] 021 216 7994
SARA SECKER
FNW01502Web ID:Floor area 31m2
18, 2326 Cardrona Valley Rd, Cardrona $65,000
UNBELIEVABLE VALUE IN CARDRONA 11
The Vendor requires immediate action to sell this fully furnished onebedroom studio, close to Cardrona Ski Field and the Snow Farmnestled in the little Cardrona Village. Make this your base to enjoyCentral Otago's mountains and scenery, with skiing, mountainbiking, walking and horse trekking on your door step. You can live inthe studio or manage it yourself, or the on site managers can takecare of everything for you.
[email protected] 021 216 7994
SARA SECKER
FNW01503Web ID:Floor area 31m2
21
Infinity First National Wanaka www.firstnationalwanaka.com
Hapuka Landing, Haast - Jackson Bay Road, Okuru By Negotiation
HAPUKA LANDING - BEACH FRONT DEVELOPMENTA very rare opportunity to acquire prime New Zealand coastal property – 18 primebeachfront sections are now available at Hapuka Landing, Okuru, South Westland, NewZealand. This is the ultimate action-packed getaway destination – a place to go hunting,fishing, diving, jet boating, bush walking, or just strolling along the beach in a magicalwilderness destination. It’s the perfect place for a holiday house with uninterrupted seaviews, peace and quiet, and magnificent native New Zealand bush right at your backdoor.
Web ID: FNW01408
Land area 8.9 ha
M 021 504 749 / 0273 555 399
GRAEME SINCLAIR & QUENTIN LANDRETH
123 Onepoto Road, Hicks Bay $330,000
SUMMER FREEDOM AT THE BEACH 12
Summer is on the way! Here you have freedom to live on the beach front, bask in thesunshine, swim in the surf and fish up a frenzy... but sssshhhhh it's a secret! It's a "walk-in-walk-out" with fantastic memories. This holiday home is being sold as you see it, includingthe David Brown tractor to launch your boat. With an open plan kitchen/dining/livingarea and separate lounge that opens to the deck, a double bedroom and four bed bunkroom, separate shower and toilet. The storage shed and an outside toilet make itconvenient for friends to pitch their tent on the spacious front lawn.
Web ID: FNW01456
Land area 890m2
Floor area 44m2
[email protected] 021 216 7994
SARA SECKER
22
www.rivertonrealestate.co.nzRiverton Real Estate (Guise) Limited
23
Price $219,000 plus GST (if any)
JAN WISELY
126 Rocks Highway, Riverton. Beachhouse Café & Bar Business
UNIQUE SEASIDE LOCATIONTake this opportunity to work in this dream location. This 7 day a week business (excludes building): breakfast lunch and dinner, includes stock, plant and vehicle. The restaurant is presented immaculately and seats 65-70 diners. This waterfront location in the popular Mitchells Bay brings with it a good client base, established reputation, excellent kitchen and up to date equipment. Good lease in place and potential to expand the business. Customers can dine inside and out with full view of the sea below with surfers/beach goers and dolphins (if they’re lucky) adding to the dining experience. All enquiries welcome.
Web ID: www.rivertonrealstate.co.nz/2898203P 03 234 8756 M 027 2246 [email protected]
ADVERTISING RATES (INCL GST)Front Cover (210 x 207mm) $995 Full Page (190 x 260mm) $595½ Page (190 x 129mm) $350¼ Page (92.5 x 128mm) $195⅛ Page (92.5 x 63mm) $100
REACH OVER 10,000 PROSPECTIVE BUYERS IN ALL CORNERS OF THE GLOBE
DISTRIBUTION• Delivered to all mailboxes in Wanaka and the surrounding area• Emailed to First National Wanaka and Infinity Group databases• Supplied to all First National Offices throughout New Zealand • Uploaded to Facebook and our website as an e-book• Available in brochure racks outside the First National Wanaka office
For more details on advertising in the First National Wanaka Property Guide contact your preferred First National sales consultant today.
Wanaka
27 PENRITH PARK, WANAKA. MORE INFORMATION INSIDE ON P. 3
Issue 5 Winter 2015
PROPERTY GUIDEFIRST NATIONAL WANAKA
Published every four months Next edition February 2016.
PUBLICATION DATE BOOKING DEADLINEFebruary 2016 1st January
June 2016 1st April
October 2016 1st September
SHOWCASE YOUR PROPERTY IN THE PROPERTY GUIDE
First National Wanaka78 Ardmore Street, PO Box 390 Wanaka 9343, New Zealand
www.firstnationalwanaka.comInfinity First National Wanaka Limited; Licensed under REAA 2008
03 443 0097
FANTASTIC AFFORDABLE FAMILY LIVING
WANAKA’S BEST LIFESTYLE COMMUNITY
Peninsula Bay is the perfect place to live for a family lifestyle.
Beautiful lake and mountain views, swimming pools and
spa for the kids, gym and BBQs, proximity to schools,
walking trails and reserves, and the latest technology
like reticulated gas and fibre optic cabling giving
superfast broadband. And it’s only 5 minutes to the
lake for water sports and a family picnic.
www.peninsulabay.co.nz
RIVERSIDE PARK, WANAKA
PENINSULA BAY, WANAKA
“Riverside Park is our slice of Paradise and we’re so lucky
to call this special area home”“The much sought after Wanaka lifestyle doesn’t have to cost the earth. We chose to live at Riverside Park because of its affordability, the fantastic community facilites, easy access to Wanaka’s outdoor activites, and proximity to Wanaka.”
LAST STAGE SELLING NOW!
www.riversidepark.co.nz
PROPERTY COUNCIL NZ
AWARDS 2013
CATEGORY WINNER
URBAN LAND DEVELOPMENTS
New Zealand multisport legend Dougal Allan, wife Amy and son Flynn are Riverside Park residents.