333 Beacon Point Rd
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333 Beacon Point Rd

333 Beacon Point Road, Wanaka, NZ 9305

$4,484,045

Wanaka is a resort town on the South Island of New Zealand. This was a new market for me and I spent two years researching and testing the market by making low ball offers and looking at every property that was listed and than some. The real estate market was declining when I purchase this prime lake front property. There were two lots by right, and I spent 2 years getting the approval for a 4 lot subdivision which was very difficult because of the proximity to the water. This property was the closest property to Lake Wanaka. Probably the best water access as compared to every other property located on the Lake. The views were unmatched and I knew these lots would be very desirable at a more affordable price point ( as the NZ market is not as affluent as most resort markets). In order to make the numbers work, I needed to subdivide into 4 lots, opposed to the 2 lots (as of right).

Mark O'Brien Development LLC.

Mark O'Brien Development LLC.

Features & Amenities

Area & Lot

  • Status Sold
  • TypeLAND

Financial

  • Sales Price$4,484,045

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Having lived and worked in New York City for more than 30 years, I offer experience of the all-important, yet often imperceptible, nuances of each neighborhood. Finding the city's hidden gems is one of my greatest passions, and am driven by creating real value on behalf of my grateful and loyal clientele.

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