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For Sale

Deadline Sale

A rare opportunity to acquire a substantial 3 level commercial building in central Wanaka. 73 Brownston Street comprises the former Base building developed in 2008, and currently configured as a 49 room hostel with 240 beds, with a floor area of 2,130sqm on a 1,012sqm site.

In addition the premises contains the former Mint Bar and ground floor retail. The building is being offered with vacant possession providing the new owner with a blank canvas to develop the building for a variety of uses including, long/short term residential, conversion to a hotel (concept plans available) or commercial retail or offices. The owner will also consider proposals to lease all or parts of the building.

Property markets within Wanaka remain active across all market sectors underpinned by the continuing population growth, strong construction industry and the domestic tourism market. Wanaka's commercial property market is tightly held, with strong rental growth over a sustained period of time.

• prime central location
• substantial building on 1,012sqm site
• floor area 2,130sqm
• extensive existing fitout
• suitable for a wide range of residential/tourism/commercial uses

The property is offered For Sale By Deadline Private Treaty closing 4pm Thursday 23 September 2021 (unless sold prior).

For more information please call Barry Robertson or Steve McIsaac.