Real Estate Australia

High Profile Commercial Investment
Deadline Sale

Property Location: 1 Umbers Street Wanaka - Queenstown-Lakes - OTAGO

Listing Id: L41796679  

Land

Size: 1051 Square Mtr Approx

Description: An exceptional opportunity to secure a premium, fully tenanted commercial investment on a high-profile corner site in the heart of the rapidly growing Three Parks precinct, Wānaka. Positioned on the main thoroughfare of Sir Tim Wallis Drive, this modern two-level commercial building occupies a 1,051 sqm site with outstanding street presence and dual frontages to Sir Tim Wallis Drive and Umbers Street. Constructed to a high standard in 2019, the property is fully leased to six established local and national tenants, including The Property Group Limited, providing investors with a diversified and secure income stream. Three Parks has become Wānaka's premier commercial hub, home to major national retailers including New World, Mitre 10 MEGA, The Warehouse, Mountain Warehouse, McKenzie & Willis, Beds R Us, and Noel Leeming. With continued development and strong regional growth, this location offers outstanding long-term investment potential. Investment highlights: • Prime corner position on the main street within the thriving Three Parks commercial precinct. • 1,051 sqm freehold landholding. • Dual street access from Sir Tim Wallis Drive and Umbers Street. • Business Mixed Use zoning, allowing a wide range of commercial activities. • Modern, high-quality two-level commercial building completed in 2019. • Fully tenanted by six established businesses, providing diversified rental income. • Built-in rental growth. • 20 on-site car parks for tenants and visitors. • Potential for future redevelopment or value-add opportunities (subject to council approvals). A standout commercial investment in Wānaka's fastest-growing commercial location. Contact Geoff McElrea or Tom Jarrold to arrange an inspection or to access the online data room for further information. For Sale by Deadline Private Treaty closing 4pm Thursday 3 September 2026 (unless sold prior).

High Profile Commercial Investment
Deadline Sale

Contact Colliers Queenstown Today!!!

Contact Geoff McElrea
Phone 0275779607

Contact Tom Jarrold
Phone 0273163430

Property ID:L41796679