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5 Alpha Close, Wanaka, Otago, 5 Bedrooms, 4 Bathrooms, House

$1,695,000

5 Alpha Close, Wanaka, Otago

5
4
2
226m2
830m2
HouseListed on Tue Oct 10
school zonePrice drop

Wanaka 5 Bedroom Two dwellings - a tremendous investment

If you are searching for a rental investment or a home with separate space for family, then look no further! Located at the end of a cul-de-sac, this property offers two dwellings which are joined at the garage, plus an additional studio above the garage. There are multiple ways to utilise this property and forever come out on top!

The main house has a welcoming feel and consists of a versatile open plan kitchen/living/dining area. This space is warmed by a wood burner and heat pump, and spills out to a gorgeous covered courtyard, perfect for entertaining. The master bedroom features a built-in wardrobe and an ensuite complete with a bathtub. A further two double bedrooms are supported by a main bathroom and separate toilet. The double-car garage, including laundry, completes the layout of the main house.

The second dwelling is a fully self-contained and spacious one-bedroom unit, complete with a bathroom, full-size kitchen, laundry facilities and a living/dining area which flows out to a private deck. This area is the perfect spot for those summer BBQ's with family and friends.

The additional studio apartment with lounge/rumpus area is located on the upstairs storey.

The 830sqm (approx) section is well set out, offering good off-street parking and space for a boat or caravan. Be sure to investigate this properties' great potential. Whether it be as an investment opportunity or a home to live in and generate income, this has to be one of the best options available. Located only 1.7km (approx) to the lakefront, this investment property is yours for the taking. Call the Donnelly Property Team on 0508 DONNELLY for more information or to view.

Location

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Council Data

Last update : 2025 02 26
Improvement value$1,050,000Increased by 45% from year 2017
Land value$570,000Increased by 50% from year 2017
CV(Year 2021 Month 09)$1,620,000Increased by 47% from year 2017
DeckYes
View typeFocal Point Of view - Other
ContourEasy/Moderate Fall
Land area830m²
Floor area226m²
Decade of construction2004
Title263918
Type of titleFreehold
Legal descriptionLOT 3 DP 365033
CouncilQueenstown Lakes
Estate descriptionFSIM,1/1,LOT 3 DEPOSITED PLAN 365033,830m2
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningLow Density Residential Zone

School zones

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

Property history

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Surrounding facilities

Alpha Close Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
2 Turnbull Crescent
0.30 km
3
2
210m2
Year 2024 Month 12 Day 16
-
Council approved
26 Stackbrae Avenue, Wanaka
0.21 km
3
161m2
Year 2024 Month 12 Day 02
$1,740,000
Council approved
0.40 km
4
135m2
Year 2024 Month 12 Day 02
$1,260,000
Council approved
12A Alpha Close, Wanaka
0.04 km
3
2
119m2
Year 2024 Month 10 Day 25
-
Council approved
11 Turnbull Crescent, Wanaka
0.23 km
4
245m2
Year 2024 Month 09 Day 25
$1,930,000
Council approved

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Ref:226941Last update:2025-02-18 16:06:32