An exceptional opportunity to secure a quality, fully tenanted commercial investment occupying a prime, high-profile corner site in Wānaka's rapidly growing Three Parks precinct.
Prominently positioned at the intersection of Ballantyne Road, a key arterial route, and Sir Tim Wallis Drive, the main thoroughfare through Three Parks, this modern two-level commercial building occupies an impressive 2,345 sqm site with outstanding visibility and street presence.
Constructed to a high standard in 2020, the property is fully leased to three established local and South Island based tenants - BMC Limited, Constructive Consultants and Solis - providing investors with a diversified tenant profile and secure income stream.
Three Parks has established itself as Wānaka's premier commercial hub, attracting a strong mix of major national retailers, including New World, Mitre 10 MEGA, The Warehouse, Mountain Warehouse, McKenzie & Willis, Beds R Us and Noel Leeming. With further development underway and planned, Three Parks is set to continue its growth as a key retail and commercial destination for the wider Wānaka community.
Supported by strong population growth and increasing commercial activity, Three Parks is well positioned for sustained long-term growth. Its established retail presence, continued development and strategic position within one of Wānaka's most sought-after growth areas make this a compelling opportunity to secure a quality commercial asset with strong long-term potential.
Investment highlights:
• High Profile corner position with frontage to Ballantyne Road a key arterial route and Sir Tim Wallis Drive the main thoroughfare within the thriving Three Parks commercial precinct.
• 2,345 sqm freehold landholding.
• Dual street access from Sir Tim Wallis Drive and Ballantyne Road.
• Business Mixed Use zoning, allowing a wide range of commercial activities.
• Modern, high-quality two-level commercial building completed in 2020.
• Fully tenanted by three established south island and local businesses, providing diversified rental income.
• 29 on-site car parks for tenants and visitors.
• Built-in rental growth.
• Lettable area of 1,558 sqm.
A premium commercial investment opportunity in the heart of Wānaka's fastest-growing precinct.
For sale by Deadline Private Treaty closing 4pm, Thursday 29 October 2026 (unless sold prior).
Contact Geoff McElrea, Rory O'Donnell or Tom Jarrold to arrange an inspection or to access the online data room for further information.
