• Riverside Wanaka Apartments
  • Riverside Residences real estate

Introduction

Savills is proud to present ‘Riverside Residences’ for sale to the market. It is our pleasure to market this stylish, contemporary terraced townhouse development in the desirable resort location of Albert Town, Wanaka.

Located beside the upper Clutha River, Riverside Residences is a stunning new development of terraced homes, just five minutes’ drive from central Wanaka and half an hour from the alpine mountain playground of Treble Cone and Cardrona Ski Fields.

Featuring one, two and three bedroom layouts, each with carpark and private courtyard on their own freehold titles, these are the perfect holiday home or investment property.

Many of the units have been consented as visitor accommodation, allowing them to be rented full-time for short stay accommodation.

Riverside Residences represents a rare opportunity to acquire a piece of Central Otago paradise at an unrivaled price point in this location.

  • 60 minutes from Queenstown

    Albert Town real estate snow
  • 60 minutes from Queenstown

    Albert Town real estate snow

The Offering

  • 42 Terraced homes (22 in Stage 1) in one, two and three bedroom layouts with open plan living and bedrooms across two levels, each with private courtyard and on-site carpark.
  • A mix of Residential living and Visitor accommodation units providing for permanent residents and short stay accommodation uses.
  • Individual freehold titles with no body corporate.
  • Situated on a large picturesque and elevated site that wraps around a popular, recently redeveloped village retail precinct of boutique eateries, gastro pub, restaurant and general convenience store.
  • A network of bike trails, walking tracks, lakes, rivers and vineyards all in close proximity.
  • Located five minutes drive from downtown Wanaka in New Zealand’s fastest growing tourism region.
  • 30 minutes from renowned ski fields Treble Cone and Cardrona.
  • 60 minutes from Queenstown International Airport.
  • Resource Consent granted with construction planned to commence late 2019.

Executive Summary

  • Property Address
    20 Alison Avenue, Albert Town, Wanaka, Central Otago
  • Title
    Riverside Residences
  • Site Area (approx.)
    Freehold Titles on a 1.2 Hectare land parcel including the commercial precinct
  • Local Gov. Area
    Queenstown Lakes District
  • Zoning
    Commercial with resource consent for Residential
  • Infrastructure & Servicing
    Commercial Retail including bakery/ patisserie, high end chipperie, local restaurant & bar and a general store
  • Method of Sale
    See attached price list
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