Archive for the ‘Wanaka Investment Opportunities’ Category

Peninsula Bay Wanaka the place to be

Wednesday, April 14th, 2010

The views are breath taking but the prices extremely competitive. This new subdivision is well under way with the first two stages already sold and homes going up fast. Other stages are coming on the market and the developers are keen to sell. Invest now in a section with that little bit of cash you have and grow a  legacy for the future. Peninsula Bay wanaka sections and houses for sale

Community facilities at just $30 a month are tops. The two heated pools have just been closed for the winter but the spa, members lounge and gym is open and fantastic.

Section prices are extremely competitive starting around $300,000 NZ$.  There are a variety of sizes and aspects available, some with panoramic Lake Wanaka Views. One fabulous section is available as an exchange for investment or holiday property. click here for section information

We currently have three houses for sale in this fabulous subdivision.

 23 Forest Heights Stylish 4 / 5 bedroom home. Built with the highest of quality state of the art fittings and appliances, clean square lines and symmetry offer a timeless and eye appealing design.

7 Forest Heights Magnificent views of Lake Wanaka and the surrounding Mountains, Kitchen with Butler’s pantry, separate lounge, 4 bedrooms all with ensuites and downstairs another self contained studio and huge garaging. Fully landscaped.

 84 Rata Street  Lake and mountain views, now secure with homes already built around. 4 bedrooms, plus office, walk in pantry, walk in wardrobe in master, ensuite, fabulous tiling throughout with heated floors. Feature schist chimney and shist gas fireplace with neutral stone from Kingstone to tone with the decor. Competitively Priced at $825,000

Shared Ownership for Wanaka area helps People into Homes

Monday, September 8th, 2008

Financing a home in the Wanaka area has always been a problem. Real estate prices are high and rental accommodation is in short supply. Now people can take out a shared ownership with the Queenstown Lakes Community Housing Trust.Basically there is criteria that you have to fall within.

  • First house (at least in this area)
  • Total income from you and your partner under $89,320 pa
  • Living in area 6 months
  • One member of household must be in permanent employment in area
  • One member of household must be NZ citizen
  • House must be for a primary residence (not holiday)

The house has to be reasonable and not requiring major repairs. (insulation is important to them)

The housing trust  will take a share in 5% increments  from 15% to 40% and at any time you can buy back a share in the same increment.

The primary owner pays all ongoing costs, when / if they sell the trust takes their portion of ownership from the sale price.

Vendor must have 5% deposit.

Basically you get approval from the Housing Trust then find your house, or visa versa. Great scheme! So search our listings at  Wanaka and surrounds homes.We would be delighted to help you find a home and through this finance process. It makes living in this area achievable.

Inserted by Phil and Barbara Wilson for Wanaka Real Estate Sales