3 Scott Street

Five Holiday Apartments Returning Immediate Income

3 Scott Street, Lake Tekapo 7999

For Sale

Asking Price $3,000,000 plus GST (if any)

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Listing Reference #2679 . Listed: 17 Sep 2023

Property Specs

  • Bedrooms9
  • Bathrooms7
  • Living Rooms5
  • Dining Rooms5
  • GaragingNone
  • Floor Area285 m2
  • Land Area601 m2
  • MaterialMixed: Block and corrugated iron
  • Levels3+
  • TypeHouse
  • TitleFreehold
  • Year Built1975
  • Rateable Value$1,840,000

Seller's Description

This is a 5-apartment building currently used as private home + 3 holiday apartments providing income with exceptional summer bookings for the 2023/2024 summer season.

Multiple uses: investment, home + income or holiday homes.

The land and buildings will be sold with all furniture and equipment required to continue the holiday home business with the exception of some personal furniture.

The property is marketed as Scott Street Apartments and the URL https://scottstreet.nz is included in the purchase.

Tourism has resurged at Lake Tekapo and we experienced excellent bookings over summer and winter of 2023 and strong forward bookings for the summer of 2023/2024.

The building was fully renovated over 2016-2018, with all new plumbing, electrical wiring, linings, double-glazing, fire safety systems and central heating. The building has a current warrant of fitness and all works have code of compliance.

Special Features

Deck.

Locality / Area

Lake Tekapo .
Aoraki/Mt Cook .
Lake Tekapo Primary School .
Mackenzie College .
Mackenzie Ice Hockey Club .
Tekapo Springs Hot Pools and Skating Rink .
Roundhill Ski Field .
Tekapo River Canoe Course .
Tekapo Canal Salmon and Trout Fishing .
Deer, wallaby and tahr hunting .
Mountain biking and hiking.

Other Details

Services
  • Water supplyCouncil
  • Septic systemCouncil
Property Condition
  • InteriorModernised
  • ExteriorWell presented
  • GardenLandscaped
LINZ Info
  • Title number: CB22K/208
  • Legal description: Fee Simple, 1/1, Section 145 Block X Tekapo Village, 601 m2
Chattels

Included in the sale: Fixed Floor coverings. Window coverings. Light fittings. Stove. Hob/Cooktop. Oven. Dishwasher. Heat pump. Range hood. Heated towel rails. TV aerial. Refrigerator. Washing machine. Clothesline. LED Light Bulbs. Blinds. Curtains. Central Heating System. Type 5 Fire Detection System. Lounge Furniture. Kitchen equipment. Bedroom furniture and bedding. Snow shovel. Non-slip exterior matting.

Tenancy Info

The property is currently tenanted but will not be tenanted post sale.

Downloads for 3 Scott Street

There are no documents available to download for this property. You can try to contact the seller to ask if they have the information you need.

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