Lux­ury for Wanaka

‘Ver­sa­tile’ apart­ments of­fer choices

Central Otago Mirror - - NEWS - By CHE BAKER

In­fin­ity In­vest­ment Group has un­veiled plans to build 44 lux­ury five-star apart­ments on its Ma­rina Tce block di­rectly op­po­site the Wanaka ma­rina. Prices for the apart­ments are ex­pected to start at $995,000, rang­ing to $1,795,000 for the lux­u­ri­ous pent­houses. De­signed by Dunedin-based ar­chi­tects Ma­son & Wales, the apart­ments in­clude tim­ber and schist stone fea­tures and a heated swim­ming pool, spa pool and gym will be avail­able for own­ers. A restau­rant, cafe and bar spe­cial­is­ing in fresh re­gional food and wine will also be part of the com­plex and will be open to the pub­lic. Man­ag­ing di­rec­tor Bob Robert­son said the de­vel­op­ment would be one of the most sig­nif­i­cant in Wanaka for some time. ‘‘This is a sub­stan­tial de­vel­op­ment in Wanaka’s ‘dress cir­cle’ on the best re­main­ing piece of water­front land in Wanaka so we in­tend to do it well,’’ Mr Robert­son said. ‘‘Th­ese apart­ments are ex­tremely ver­sa­tile and each apart­ment ac­tu­ally al­lows seven dif­fer­ent rent­ing com­bi­na­tions from sin­gle ho­tel rooms, two-bed apart­ments or three-bed apart­ments. ‘‘This of­fers max­i­mum rev­enue op­por­tu­ni­ties to own­ers and cap­tures all rental mar­kets from those just want­ing a sin­gle ho­tel room to those need­ing a full three-bed­room apart­ment. ‘‘We will be work­ing ex­tremely hard to keep costs fine-tuned so that th­ese apart­ments will rep­re­sent ex­cep­tional value to own­ers. Based on the cur­rent de­signs and costs we ex­pect all will sell quickly. Con­struc­tion is to start af­ter the first pre-sales are con­firmed.

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