50 Anderson Road Wanaka, Queenstown Lakes District

This substantial site located in the popular Anderson Heights area of Wanaka currently houses five tenancies ranging from dance studios to interior designers, providing a solid return on investment.

However it is the potential in this site where the true value lies with the recent zone change to Business Mixed Use, unique to this area of Wanaka, that allows and encourages not only Commercial activities but also Residential activities such as Apartments, with the ability to develop to a height of 12m as a permitted activity.

The wide road frontage is ideal, offering a high visibility location positioned on Anderson Road and just metres from the popular B Social Brewery and multiple busy coffee and food stops.

This is an ideal way to lock in a sound Commercial investment in the tightly held Wanaka market that offers a plethora of options in the future depending on your appetite for development, or simply just sit on the land value alone while you enjoy some healthy returns.

Contact me today for a full information pack on the property, or download the property documents by visiting: https://rwwanaka.co.nz/WNK30119#documents