Property description:
Beautiful Water Villas Located On The Shores Of Lake Dunstan In Central Otago.
Excellent Investment And Holiday Home Opportunity.

Property features:

Property particulars:

The Cove Development - Otago - New Zealand

A pure waterfront development on the shores of Central Otago's beautiful Lake Dunstan. This is a magnificent development with great investment opportunities.

The Cove is utter waterfront! Each villa comes with a private jetty, beautiful water and mountain views from the 3 bedrooms and living areas. This exclusive canal development offers not only exceptional lifestyle opportunities, but ensures residents enjoy easy lake access and stunning mountain and lake views.

The Cove provides luxurious three bedroom waterfront villas with three bathrooms and three keys, so each bedroom can be used independently of each other to maximise rental return. The waterfront villas are situated on the shore of, an inlet flowing off Lake Dunstan. Each canal front apartment will offer direct lake access from your boat mooring, situated under your front deck.

An optional package is available to have your waterfront villa fully furnished - ready to be lived in and enjoyed. Carefully chosen by an interior designer, all household living requirements are fulfilled with stylish flair and include dining suite, tables, chairs, sofas, plasma television, DVD player, paintings and more!

Exclusive Investment Terms
Choose between a waterfront villa due for completion in 2009 or 2010
Each waterfront villa comes with a 4 year bank backed rental guarantee of 5% net income p.a. - making a hassle free investment until 2014!
Developer will pay for the cost of the deposit bond - which means no money required until completion
If you choose the cash deposit option - 15% of the purchase price is required and your monies will stay in a lawyers trust account until completion of your waterfront villa.
You can secure a property today with 15% cash deposit or by way of deposit bond. This method allows clients to invest in an off the plan development, locking in today’s prices and paying no deposit until settlement of the property.
Price Range

£311,000 - £350,000
Key Investment Features of Cove Waterfront Villas
Pure waterfront living with private boat jetty
Only 24 waterfront villas to be built
Waterfront villas contain 3 bedrooms with 3 bathrooms and over 230sqm of indoor/outdoor living
Massive ground floor balcony of 42sqm with spa pool on your jetty
The waterfront villas can be split into 3 keys to maximise rental returns
2 car lock-up garage with each waterfront villa
“One of a kind” high end development for the region which offer a prestigious 'point of difference'
Located in a world class vineyard region. The Cove is surrounded by prime vineyards in picturesque mountain settings
Designer kitchens include high specification fit out and appliances
Built in spa bath in upper level bathroom
Beautiful water and mountain views from each villa
High-end furniture packages available for purchase
Optional management by specialist nationwide hotel operator - Tourism flair
Schist Stone boutique hotel to be built in the Cove community - to be built like it was over 100 years old
Each villa is to be built to an exceptionally high quality with under-floor heating in bathrooms and kitchen, double glazed windows throughout, glass balustrades on balcony and beautifully landscaped.