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1 Reid Avenue, Luggate, Wanaka

By Negotiation

2

1

70m²

809m²

Entry Level with Space to Grow

If you've been trying to get into the Wanaka market but keep missing out, this could be the opportunity you've been waiting for. Located in the welcoming community of Luggate, just an easy 10-minute drive from Wanaka, this property represents one of the most affordable ways to secure a foothold in the Upper Clutha.

Set on a generous 809 square metre section, this classic Kiwi bach offers space, sunshine and plenty of potential. With two bedrooms plus a versatile sunroom, there's flexibility here for extra accommodation for guests, a second living space, or even a work-from-home area.

For first-home buyers who have been priced out of Wanaka itself, this is a chance to finally step onto the property ladder and make something your own.

For investors, the numbers will also make sense. The property is currently rented to long-term tenants, producing a solid return, and it comes with a Healthy Homes certificate already in place - making it a ready-made, low-hassle investment from day one.

Outside, the large section offers flexibility and future potential - whether that's room for the boat and camper, space for backyard gatherings, or opportunity for those with an eye for development or improvement, and aren't afraid to roll their sleeves up.

Affordable homes with land in this area are becoming increasingly rare, so whether you're a first-home buyer looking for your start, an investor chasing yield with tenants already in place - this is an opportunity well worth your attention.

Additional details

Type

House

Property ID

625757

Listed on

11/03/2026

Updated

a day ago

Property insights

OneRoof estimateRating valuationEstimate over timeProperty history

OneRoof estimate

OneRoof mentions

Listed for sale on OneRoof for 32 days (last updated on 11 March) and was last sold in 2015 for $261,000. OneRoof now estimates this property to be $665,000 and its latest rating valuation by Wanaka council is $640,000 as of 2024. There are 34 properties for sale in Luggate.

Property data

On OneRoof

32 days

Property Type

House

Floor Area

73m²

Land Area

809m²

About the area

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Luggate, Wanaka

Luggate is located on State Highway 6 between Wanaka and Cromwell, near the junction with State Highway 8A, approximately 15 km from the Wanaka township, just past Wanaka Airport.Luggate provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1910 - 1919. The majority of the residential housing stock in the locality was constructed between 2010 - 2019.Residential housing stock in Luggate is made up of approximately 88% residential housing , 2% residential investment housing and 10% lifestyle properties.

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