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325-327 Riverbank Road,
Wanaka, Queenstown Lakes District

7 bedrooms
6 bathrooms
9 car spaces
3.08ha land size
549m² building size
House

NZD 3,740,000


Property details

Chattels

  • Stove
  • Rangehood
  • Extractor Fan
  • Dishwasher
  • Heated Towel Rail
  • Light Fittings
  • Floor Covers
  • Blinds
  • Curtains
  • Drapes
  • Garden Shed

Rural Lifestyle with Two Homes and Income

This expansive rural property, nestled by the Cardrona River, has it all. The primary residence, fully renovated last year, blends country charm with modern amenities. This includes a swimming pool, a fantastic outdoor entertaining space with a built-in kitchen and outdoor fire, and a charming open-plan living area dominated by its own open fireplace. The lower level offers three bedrooms and four-car garaging, while above, a two-bedroom loft with its own kitchenette has provided significant Airbnb income for the current owners.

Additionally, at street level, you'll find a comfortable two-bedroom home that includes four-car garaging and offers immediate rental returns, thanks to a fixed-term tenancy currently in place.

At the rear of the property, the income continues to grow with a secure, long-term commercial tenant utilising several of the sheds. While there are still available shed spaces to store your own gear or generate further income. A substantial yard near the river provides ample area for any number of uses, so space is certainly not an issue here.

This unique configuration presents a rare opportunity to enjoy the benefits of rural living, with easy access to Wanaka, while offsetting your costs and generating a healthy income from your expansive asset.


To download the property documents, please visit https://rwwanaka.co.nz/WNK30992#documents

Explore the area


School catchments

  • Te Kura O Take Kārara Primary Years 1-6 State 2.1km
  • Wanaka Primary School Primary Years 1-6 State 4.2km
  • Holy Family School (Wanaka) Full primary Years 1-8 State integrated 4.7km
  • Hāwea Flat School Primary Years 1-6 State 13.6km
  • Tarras School Full primary Years 1-8 State 24.5km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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