Property Information Pack

Lakes Mountains & Golf Bernadette Costello

Synergy Realty Group Limited

Lake Hawea Golf Course Adrian Black

Licensed under REAA 2008

v13

Contents 1. Introduction 2. The Property: Key Features 3. Local Activities 4. Location 5. Aerial View 6. Course Map 7. Method of Sale 8. Title. 9. LIM 10. Chattels 11. FAQs 12. Agent profiles

DISCLAIMER: Any interest in this property should be registered with the Vendor’s Agency. Contents of this Property Report do not form part of a contract. Much of the information in this pack has come from the vendors and has not been independently verified by Re/Max SYNRG or any of its staff. Whilst care has been taken in its preparation, no responsibility is accepted for the accuracy of the whole or any part and interested persons are advised to make their own inquires and satisfy themselves independently in all respects. Photos may contain items which are not for sale.

Synergy Realty Group Limited

Licensed under REAA 2008

1. Introduction Lake Hawea 200 meters from Golf Course

Lake Hawea 200 meters from Golf Course

Lakes, Mountains & Golf For sale: Lake Hawea Golf Course with 9 holes, plus buildings and equipment. This property offers you the opportunity to take this prestigious property to the next level and develop a grand lifestyle dream for the golf connoisseurs market. Ask yourself what do golf enthusiasts pay for properties near golf courses in other parts of the world? The property is situated on the banks of the Hawea River, 500 meters from Lake Hawea with its blissful beauty, and close to Lake Wanaka where dreams are made. So this is the right property, in the right location, the hard work is done and it’s just waiting for you develop the dream and add to the value.

Synergy Realty Group Limited

Licensed under REAA 2008

2. The Property: Key Features • • • • • • • • • • •

Stunning golf course between Lake Hawea Township and Wanaka Public 9 hole golf course created starting 2001 opened December 2002 Computer controlled greens irrigation system fed from own bore 20 ha with Hawea River frontage Buildings: Equipment barn and toilet block (Includes $100,000 worth of equipment) Clubhouse land leased to Lake Hawea Golf Club Access from State Highway 6 Fenced and gated with car park for 40 vehicles Opportunity to develop further Over 500 trees planted - now near maturity Dam, ponds and watercourses

Lake Hawea – Heaven on Earth

Synergy Realty Group Limited

Licensed under REAA 2008

3. Local Activities The Queenstown Lakes District of New Zealand has become known as the Adventure Capital of the World. Wanaka regards itself as being the World's First Protected Lifestyle Reserve. So the area offers lots of adventure activities: Jet boating, bunji jumping, sky-diving, paragliding, white water rafting, canoeing, Kayaking, wintersports and many more. This property is on the doorstep of the fabulous Mount Aspiring National Park containing numerous glaciers and the Matterhorn of the Southern Alps - Mt Aspiring. There are numerous tracks through the park for beginners and experienced trampers alike and the park offers an unparalleled wilderness experience including mountain huts. Nearby Cardrona is a mountain biking, quad biking and horse riding paradise. In skiing terms Cardrona is the best resort in NZ, with a half pipe, a super pipe, a big mountain plus rails and terrain park, plus the best intermediate skiing in NZ. In addition there is a separate cross country ski resort with 11 varied trails. Nearby Queenstown is a possibility for the 2026 Winter Olympics.

Synergy Realty Group Limited

Licensed under REAA 2008

4. Location •

•

This property is located 15 minutes away by car from the centre of Wanaka, a town of some 7,000 inhabitants with 30 or so restaurants, numerous coffee shops, a New World Supermarket and numerous other stores. Wanaka is the centre for 3 local ski resorts (2 in Cardrona, plus Treble Cone) and the gateway to the Mt Aspiring National Park. There is an excellent medical centre and Domestic airport. The property is around 65 minutes drive to Queenstown, the major town of the area with numerous boutique shops, restaurants and coffee shops. There are a number of quality hotels (including the Hilton). Queenstown enjoys many tourist facilities and is known as the adventure capital of the world. Queenstown has an expanding international airport.

Synergy Realty Group Limited

Licensed under REAA 2008

4. Location Wanaka – New Zealand’s Crown Jewel

Mou Waho Island on Lake Wanaka has an island in a lake, on an island in a lake, which itself is on an island in the big blue Pacific.

Lake Hawea Golf Course

Milford Sound

Wanaka (where dreams happen)

Queenstown (adventure capital of the world)

Synergy Realty Group Limited

Licensed under REAA 2008

4. Location

Lake Hawea Golf Course

Synergy Realty Group Limited

Licensed under REAA 2008

5. Aerial View

1087 Lake Hawea-Albert Town Highway currently for sale

Approx boundary only

Approx boundary only

Synergy Realty Group Limited

Licensed under REAA 2008

6. Course Map

Hawea River

523m

water race 6

6 5

9 pond

2 238m

7

499m

303m

2

132m

1

8

3 pond

258m 245m

3

276m 182m

253m

405m

485m

5

4

Lake Hawea Golf Course 4

Course map

1

9

Car park

bore 8

Property Boundary 7 Notes: Clubhouse Golf Course length 2552m Equipment Barn Average hole length 283m Toilets Not to scale approximate only

7. Method of Sale For Sale by Private Treaty ‘Offers Invited’ http://www.remax.kiwi/11943413 Adrian Black M 0210 269 0264

Bernadette Costello 021 242 0709

E [email protected] E [email protected] Synergy Realty Group Ltd 20 Helwick Street WANAKA T 03 443 0150 F 03 443 9498

Synergy Realty Group Limited

Licensed under REAA 2008

8. Title

Synergy Realty Group Limited

Licensed under REAA 2008

8. Title

Synergy Realty Group Limited

Licensed under REAA 2008

9. LIM Report •

LIM (Land Information Memorandum). A LIM report can be obtained from the local council call 04 443 0006 - the cost is NZ$190 for a standard copy.

Synergy Realty Group Limited

Licensed under REAA 2008

10. Chattels • • • • • • • • • • • • • • • • • • • • • • • • • • •

List of Plant for Lake Hawea Golf Course John Deere Tractor 5420 John Deere Reel Mower 2653 Jacobsen Greens King MK6 19620 D Kubota Rotary G1800 H.S.T. Honda 5.5hp Verticut Protea Corcing machine C.-Dax 50Lt sprayer 1 mt Boom 5 gang mowers McKeown also 4 spare gangs Trimax 282 rotary mower Grader blade Chain Harrows 15 sets hire clubs with trundlers also several clubs Several second hand golf balls 3 bags grass seed Fescue - Brown Top Leonard Fridge + spray cabinet Fertiliser spreader 30,000 score cards in conjunction with club One Lowara pump + pressure tank One logic computer for irrigation of greens One bench grinder also 1 bench vice Spare flag sticks and cups Assortment of sprays One urn and also grease guns and jacks 200lt diesel tank with electric pump 110 membership discs One new tyre for green mower

Synergy Realty Group Limited

Licensed under REAA 2008

11. 11. FAQ’s Address: Lake Hawea Gold Course, 1122 Lake Hawea to Albert Town Road, Lake Hawea, Wanaka, 9382, New Zealand Q1. Is it freehold land? And How much land is for sale? a. Yes it is freehold land comprising 20.0408 ha or 49.5 acres of land Q2. How many holes on the Golf Course? a. 9. Q3. What is a par score? a. 70 men and 72 women (based on playing same holes twice). Q4. What is the course profile? The lake Hawea Golf Course is situated on gently sloping valley floor land in the Hawea Valley between Mt Maude and the Grandview Mountains. a. There are 2 par 3’s b. There are 6 par 4’s c. There are 2 par 5’s for ladies and one for men Q5. Is there a club house? a. Yes. The club and the clubhouse are owned and run by the members of the Lake Hawea Golf Club. The land for the club is leased from the vendor. The clubhouse is not for sale. A separate legal and financial pack is available subject to signing of a confidentiality agreement. Q6. What am I buying? You are buying the land the 9 hole golf course occupies, 2 buildings and associated equipment. Q7. What are the rates? a. NZ$1,955.05 pa for the year 2014/2015 Q8. Is there river frontage? a. Yes, with river views in some places. Q9. What is the scope for development? a. The number of holes could be expanded if adjacent land could be acquired. A driving range could be added. A home or possibly more . A functions centre, restaurant or hotel. All subject to consent. Q10. What is the CV (Council valuation) or GV (Government Valuation)? a. CV&GV=$1,400,000 with a land value of $1,000,000 and an improvements value of $400,000 Q11. How much water is available for irrigation? a. The property is permitted to draw 25,000 litres per day from the stream feeding the dam and a further 25,000 litres per day from the bore. Further information is available subject to a confidentiality agreement.

Synergy Realty Group Limited

Licensed under REAA 2008

11. 11. FAQ’s Q12. Are adjacent properties available for development? a. 2 adjacent properties are on the market and this provides an opportunity for further expansion and development of the course with possible lifestyle property options and or the sell down of shares in a combined enterprise. Q13. Could I build a home on the Golf Course? a. Yes but first you need to obtain resource consent from the QLDC (local council). Call 03 443 0006. Q14. How many members are there? a. 160 Q15. Is power, water, telephone and broadband available to the buildings? a. Yes. Q16. What buildings are there? a. There is an equipment barn and a toilet block. There is also a clubhouse but that does not form part of the sale. Q17. What equipment and chattels come with the property? a. See list of chattels. Q18. Is there a building platform for a house? Not at present but you could add value to the property if you were to obtain resource consent for a building platform. for one. Q19. What area is irrigated, from which water source and how is it controlled? The greens have computer controlled sprinkler systems to keep them watered. Water is fed into the irrigation system from the bore. Q20. Why should I buy it? a1. Return of Investment. What would a golf course cost you anywhere else? What would it cost to create your own, and how long would it take? Here over 500 trees were planted which are now maturing nicely. Tourism is growing in this area of New Zealand and the future looks bright. Will Queenstown host the Winter Olympics one day? What will you be able to sell golf course homes for in the future? (At Millbrook $2 mil +) a2. Flexibility. This property offers all the opportunity to one of the best in the world with unbeatable scenery, scope for expansion and development and increased features. a3. Location. Globally there are few places as beautiful as Lake Hawea. Given the attractiveness of the area there are few places as cheap. This is an opportunity waiting to happen! Look what happened to Queenstown and Wanaka. Lake Hawea has the same attractiveness but is a number of years behind in the development curve.

Synergy Realty Group Limited

Licensed under REAA 2008

12. Agent Profiles Marketing is Everything Adrian was marketing manager for a FTSE 100 company in London. He moved to Wanaka in 2007. Ask Adrian how to get the best price in the fastest time? How will you target the best buyers? How will you convince buyers of the value in your property? With over 10 years experience selling real estate, Adrian can help you with a knowledgeable and thorough approach. He is honest and trustworthy and will achieve the best market result for you.

Adrian Black

People Come First Bernadette is from the UK where she ran a successful dental practice. She moved to Wanaka 8 years ago. Bernadette is a bubbly person with great interpersonal skills, she has passion, empathy, outstanding articulation and is proving herself to be one of the rising stars in the real estate industry. If you would like an honest and diligent person to look after your real Bernadette Costello estate interests then Bernadette would be perfect for you.

Re/Max shopfront and offices, Wanaka Synergy Realty Group Limited

Licensed under REAA 2008

Address: Adrian Black 20 Helwick LicenseeSt Salesperson Wanaka, NZ269 0264 M 0210

New Aspiring Realty Ltd

Bernadette Costello

P O Box 9

Licensee Salesperson

Wanaka 9343

Address: Re/Max SYNRG Wanaka New Aspiring Realty Ltd 20 Helwick St Wanaka, NZ P O Box 9 Wanaka 9343

M. 021 242 0709

Synergy Realty Group Limited

Licensed under REAA 2008