Legal Home & Income in Lake Hawea

10 Waddell Street, Lake Hāwea 9382

For Sale

Enquiries Over $1,280,000

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Listing Reference #5479 . Listed: 10 Jul 2026

Property Specs

  • Bedrooms5
  • Bathrooms3
  • Living Rooms2
  • Dining Rooms2
  • Garaging1 car (single)
  • Off-street car parks3
  • Floor Area226 m2
  • Land Area501 m2
  • MaterialWeatherboard
  • Levels1
  • TypeHouse
  • TitleFreehold
  • Year Built2023
  • Rateable Value$1,250,000

Phone Number

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Seller's Description

We're offering our property in Lake Hawea for sale privately, and we're genuinely excited for the right people to fall in love with it the way we have.
It's a legal home and income - 2 separate dwellings on one sunny site, tucked into one of the most beautiful lakeside spots in the country. We've had wonderful tenants here for the past two and a half years, and the place has been really well looked after. It's warm, light, and easy to live in.

The fully fenced main house has 3 bedrooms, 2 bathrooms, a single internal garage and off-street parking with plenty of room for a family to spread out. Next door, the self-contained fully fenced minor dwelling has 2 bedrooms, 1 bathroom and its own off-street parking for 2 cars or a small boat. It's completely independent, which opens up so many possibilities.
That's the part we love most about it. You could live in one and rent the other to give your mortgage a hand. You could keep extended family close by while everyone still has their own space. Or you could simply hold onto both as a solid, low-fuss investment.

The details:
* Legal home & income - 2 separate dwellings
* Main house: 3 bed, 2 bath, single garage + off-street parking (164sqm)
* Minor dwelling: 2 bed, 1 bath + 2 off-street parking (62sqm)
* 226sqm total, lovely and sunny
* Healthy Homes compliant
* Around 5.7% gross yield

We've decided to sell to free up some capital, and with our tenants moving on, the timing felt right to open it up to the market. We're selling privately so we can pass the savings on the agent's fee straight to the buyer. A fairer deal for everyone!

The minor dwelling is vacant, however the main one is tenanted with the end of July being a move-out date. Get in touch anytime to organise a private viewing or if you have any questions.

Special Features

Patio.

Locality / Area

Enjoy a peaceful village atmosphere while remaining within easy reach of Wānaka’s shops, restaurants and everyday amenities. .
.
From lakeside walks and cycling trails to swimming, fishing and weekend adventures, Lake Hāwea offers an exceptional lifestyle in every season. A rare combination of tranquillity, community and adventure, with some of New Zealand’s most memorable scenery as the backdrop..

Other Details

Services
  • Water supplyCouncil
  • Septic systemCouncil
Property Condition
  • InteriorWell presented
  • ExteriorWell presented
  • GardenPart landscaped
LINZ Info
  • Title number: 1073704
  • Legal description: Fee Simple, 1/1, Lot 232 Deposited Plan 567718, 501 m2
Chattels

Included in the sale: Fixed Floor coverings. Window coverings. Light fittings. Stove. Hob/Cooktop. Oven. Dishwasher. Heat pump. Range hood. Heated towel rails. Garage door openers. Shelving. Clothesline. Blinds. Curtains.

Tenancy Info

The property is currently tenanted but will not be tenanted post sale.

Downloads for 10 Waddell Street, Lake Hāwea

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