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Wanaka-Luggate Highway, Luggate, 0 Bedrooms, 0 Bathrooms, Unspecified

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Wanaka-Luggate Highway, Luggate

20000000m2
UnspecifiedListed on Sat Aug 31

Luggate LAKE MCKAY STATION, WANAKA

A once-in-a-lifetime chance to be a part of something special.

Lake McKay Station is the premier development located within a few short minutes from the resort town of Wanaka.

The vendors are seeking an equity partner to join them in the ownership of this stunning Station.

Consisting of over 2,000ha / 5,000 acres of iconic Central Otago high country, this is an exciting opportunity to be part of an ongoing diverse and spectacular development that will consist of a proposed private international class golf course and more than 100ha of exclusive Pinot Noir Labelled Vineyard.

While the focus is currently on farming, running Angus cattle and Merino sheep, Lake McKay has untapped potential in both hunting and recreation activities.

Planned adventure tourism expansion includes Helli bike adventures with Fly to ride, drop off, giving exclusive access to Lake McKay’s hidden backcountry and outstanding terrain. Descending from mountain tops to valley floor over natural farm trails, sheep tracks, across undulating mountains, and breathtaking scenery creating a truly unique and unforgettable experience.

Continuing growth will see a private, natural free-range hunting block expanding over more than 1,600ha of Central Otago’s outstanding natural landscape that contains Red and Fallow Deer, Pigs, occasional Chamois, quail, and chukar.

Dedicated and committed to a long-term vision to sustain and protect the land, the owner’s intention is to expand and enrich the already considerable ETS-registered native bushland with further Manuka plantings. With onsite beehives, Lake McKay has investigated partnering with a local apiarist to supply and develop a pure New Zealand natural honey brand from the native flowering Manuka.

Subject to consent, spanning across three distinct terraces, amid the majestic lower rolling mountain slopes, designated lifestyle lots have been identified. Located in the heart of the property, each exquisite lot is positioned with majestic panoramic views stretching across Lake Hawera sweeping up to the snow-capped mountain ranges beyond just minutes from Wanaka.

The priceless beauty, remarkable surroundings, and enormous potential make Lake McKay Station a development dream. The design elements incorporated into the master plan are extensive and unique to the Central Otago region of New Zealand. The vendors are determined to develop Lake McKay Station into a world-class recreational and lifestyle development delivering unprecedented social amenity and lifestyle values.

A truly unique opportunity to be part of a significant land holding that will dramatically increase in value.

Location

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Council Data

Last update : 2024 12 11
Improvement value$100,000Increased by 66% from year 2017
Land value$3,640,000Increased by 46% from year 2017
CV(Year 2021 Month 09)$3,740,000Increased by 47% from year 2017
Land area888871m²
TitleOT18D/836
Type of titleFreehold
Legal descriptionLOTS 2-3 DP 26911
CouncilQueenstown Lakes
Estate descriptionFSIM,1/1,LOT 2-3 DEPOSITED PLAN 26911 AND SECTION 1 SURVEY OFFICE PLAN 23723
ConstructionExternal Walls: Unknown
Roof: Unknown
ConditionExternal Walls: Unknown
Roof: Unknown
ZoningRural General Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Te Kura O Take Kārara
9.52 km
Primary
1-6
Government
Co-Educational
EQI: 411
10

Property history

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Unitary plan:Rural General Zone
Land:20000000m²
Title:Freehold

Wanaka-Luggate Highway Neighborhood and Surrounding Data

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Floor area
Sold date
Sold
Data source
26 Alice Burn Drive, Luggate
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187m2
Year 2024 Month 09 Day 25
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2.44 km
0m2
Year 2024 Month 09 Day 16
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33 Atkins Road, Luggate
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4
2
210m2
Year 2024 Month 08 Day 22
-
Council approved

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Ref:eagle_1472519Last update:2024-08-31 18:50:39