Uniquely configured for flexibility and income, Villa 16 presents an exceptional waterfront proposition, five bedrooms, three bathrooms and a powder room, accommodates up to 12 guests. The villa can operate as three separate accommodation options or be combined into one substantial waterfront retreat  16A is a spacious three bedroom family villa with an open-plan full kitchen and living area, powder room and an expansive full-length entertainer’s over-water deck.Upstairs, 16B offers a superior double studio, while 16C is a superior twin studio with two double beds. Each studio has its own bathroom, kitchenette and private balcony overlooking the marina. Set on the water’s edge at Pisa Moorings, the boatshed-inspired villa enjoys direct access to the marina and its own private mooring for an easy day out on Lake Dunstan. Lake Resort by Marsden offers an on-site restaurant and bar, together with established conference and events facilities. The recent opening of the neighbouring Pure Senses Wellness Centre further enhances the guest experience, placing visitors at the heart of one of Central Otago’s most compelling holiday destinations. With rental income already showing strong growth and the resort now operating under new management, Villa 16 is well positioned to benefit from refreshed marketing, revised accommodation rates and increased exposure.Whether secured as a managed or unmanaged investment, a generous family holiday base or a combination of both, this is a distinctive waterfront property offering genuine flexibility and exciting future potential. Fully furnished and ready for takeover.Just 40 minutes drive to Queenstown, 30 minutes to Wanaka, 10 minutes to Highlands Motorsports Park or 10 minutes to Old Town Cromwell (30 on your bike!), 3 minutes to Pure Senses Wellness Spa. Placing your holiday home and investment truly in the heart of Central Otago.Viewing by appointment only. All offers are plus GST if any.Deadline Sale: Closes 12:00 p.m. Wednesday 18 November 2026 (unless sold prior)