INVESTMENT PROPERTY FOR SALE:
High Value Customers,
in a Tourism Hot Spot,
with proven income
SCOTT STREET APARTMENTS
3 Scott Street, Lake Tekapo
Sale Details
Private viewings by appointment
Sale price: NZ$3 Million
Subject to GST if any
Site
Parcel Size: 600m2 section
Contour: A short slope onto a flat section
Access: Scott Street and Murray Place
Parking: 10 Off-street car parks
Other: Utility Room and Garden Shed
Landscaping: Gravel drive with a small garden
Five Apartments: Details
Floor Area: 285m2
Apartments: Four standard + One Accessible
Kitchens: Five
Bathrooms: Seven
Bedrooms: Nine
Lounges: Five
Chattels: Carpets, drapes, kitchen appliances
Furnishings: Fully furnished
Equipment: Fully-equipped kitchens
Property Files
Certificate of Title
LIM
Water Reticulation Map
Rates
Click this link to receive the property files
Council Property File (718MB zip file)
can be sent on request via WeTransfer
Building Construction
Decade Built: 1970s
Years Renovated: 2016-2018
Foundation: Concrete
Cladding: Corrugated iron, concrete block and stone
Glazing: Double-glazed aluminium
Fire Protection: Type 5 automatic fire alarm system
Roofing: Corrugated Iron
Insulation: Walls and ceilings
Heating: Central heating radiators
Hot Water: 500L cylinder
Boiler: Firebird Enviromax + 880L diesel tank
Cooling: Four apartments have heat pumps
Decks: Kwila decking with timber and iron balustrades
The Apartments
Three-Bedroom Apartment
Two-Bedroom Apartment with lake views
An Income-Generating Dynamo
Scott Street Apartments is a freehold property located at 3 Scott Street, Lake Tekapo, offering five apartments as holiday accommodation or permanent rental.
The property is offered furnished and fully-equipped with property management in place and forward bookings generating immediate income.
The apartments are waiting for their new owners to continue with the holiday bookings or move in and enjoy a work-from-home-with-income lifestyle.
Fully renovated and strengthened over 2016-2018, with all new plumbing, electrical wiring, double-glazing, fire safety, central heating and wall linings with a current building warrant of fitness.
Lake Tekapo offers a stunning lifestyle for those searching for community, adventure and beauty in life.
View the holiday home website here for photos of the three apartments that are rented. The two additional apartments are owner-occupied rentals.
Disclaimer: Every effort has been made to ensure the accuracy of the information on this website. The information has been compiled from various sources including LINZ and Mackenzie District Council. Any sale is subject to the purchaser completing due diligence for all the information contained in this website.
Tekapo Talk...
Stargazing at Lake Tekapo and the photos of the Church of the Good Shepherd are leading New Zealand attractions for international tourists.
Owner Observations
Queenstown and Wanaka are too commercialised and we love Lake Tekapo for the family atmosphere and uncrowded ski slopes.
Visitor comment, winter 2023
Direct flights from Guangzhou, China to Christchurch resumed in November 2023 with five flights per week from December
Christchurch Airport, 2023
Mackenzie District Council Long-Term Plan predicts the village population doubling in the next 30 years.
MDC Long Term Plan 2021-2031
Lake Tekapo has a shortage of good quality accommodation for domestic and international travellers and there is a chronic shortage of good quality accommodation for individuals and families looking to rent a home in the village.
Timaru Herald article, 24th February 2023
Use It Your Way
Whatever drives you: investment yields, family holidays or lifestyle options, Scott Street Apartments is a flexible, multi-purpose income-generating asset.
Investment
Home + Income
Holiday Homes
Lake Tekapo is Special
Aoraki Mt Cook National Park
Southern Alps
Dark Sky Reserve Stargazing Tourism
Astrophotography
Church of the Good Shepherd
Three Ski Fields: Roundhill, Ohau, Mt Dobson
Scenic Glacial Lakes
World Class Salmon Fishing
Home of Jet Boating
Hot Pools
Ice Hockey
Home to the Bird of the Century
FAQs
Hi, We are Maria and Paul, the owners of Scott Street Apartments. In 2008 we turned our back on the corporate world and built a work-from-home, property-investment lifestyle for our family.
Why 3 Scott Street?
We were attracted by the four income streams with the ability to add a fifth income through an attic renovation.
Community
Stunning Lake Tekapo has a special energy which attracts people from all over the world, creating a rich, diverse and supportive community.
How?
We partnered with friends to invest in the building and all four owners are now enjoying the rewards.
Lifestyle
Work from home and enjoy the outdoors in your spare time - whatever your passion.
Opportunity
Lake Tekapo is a busy tourist town with a chronic shortage of accommodation for tourists and residents.
Before and After Renovation
Renovated over 2016-2018, the apartments are fully insulated, double-glazed, re-plumbed, re-wired and fire-walled. All renovation work has code of compliance and the current building warrant of fitness expires in April 2025.
BEFORE
AFTER
BEFORE
AFTER
BEFORE
AFTER
BEFORE
AFTER
Seize the keys to your future
Phone/whatsapp
+64 (0) 210 557 961
bookings@scottstreet.nz
Addresses
3 Scott Street, Lake Tekapo
SCOTT STREET