65 Matai Road Wanaka, Queenstown Lakes District

Just a short stroll from the lakefront and town centre, this high-yield Wanaka property is more than a home - it's a proven income generator with multiple rental options already producing strong returns. Built in the 1970s and tastefully modernised, it combines lifestyle and investment in one of the region's most sought-after locations.

Upstairs, the main residence offers three bedrooms and two bathrooms, blending retro charm with stylish modern updates. Light-filled interiors flow seamlessly to a private courtyard - perfect for relaxed outdoor living and summer entertaining.

Downstairs unlocks the true potential: a one-bedroom unit plus a fully renovated one-bedroom apartment with bold design and funky flair. With an option to sell fully furnished for immediate rental, whether through Airbnb, medium-term tenants, or long-term leases. Together, these three dwellings provide flexible living and income streams, with appraisals of $1,730 per week long-term and significantly higher proven returns via short-stay accommodation.

Whether you're an investor chasing yield, looking for a family home with a mortgage helper, or someone looking to live the Wanaka dream - ski, bike, and earn - this property delivers.

A rare bonus in central Wanaka, the home also boasts garaging for up to five vehicles plus ample off-street parking.

Homes with this mix of prime location, modernised comfort, and exceptional earning power are tightly held and rarely available. Don't miss this unique opportunity to secure a true money-maker in the heart of Wanaka.

To access the virtual tour, please visit https://visithome.ai/NnAPSBowfFMExDeuNk2ryW?mu=m&t=1751699382&m=0

To download the property documents, please visit https://rwwanaka.co.nz/WNK31638#documents