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Position your business for the future

Three Parks is an exciting new development by Willowridge Developments Limited created to cater for the dynamic growth projected for Wanaka and surrounding Central Otago and Queenstown Lakes Districts.

The Central Otago and Queenstown Lakes Districts population is estimated at 73,100 and projected to grow by at least 30% over the next 10 years. Wanaka’s current population is approx. 16,300 (larger than Oamaru) and is projected to grow in excess of 43% during the next 10 years.


Post Covid Wanaka has seen unprecedented demand for residential properties and sections with significant waiting lists for residential developments across the value spectrum, as the prospect of an idyllic lifestyle lures people from around New Zealand and the globe.


For those companies evaluating the proposition of establishing or expanding their business in the Central Otago and Queenstown Lakes Districts, Wanaka provides a viable option with a large and growing domestic market, convenient location for service and distribution and the Three Parks residential and commercial development currently under construction.


Three Parks is a mixed use development of approximately 140 hectares consisting of over 1,000 new residential households, Metlifecare Retirement Village and proposed Mt Iron Resort Hotel and Convention Centre, a business park and retail centre.
The current focus of this development is the new retail centre consisting of over 40,000 square metres of retail and commercial premises designed to complement the existing Wanaka Town Centre and to service the growth of the local and surrounding district population.

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Why establish your business at Three Parks?

Specifically Designed

Three Parks retail centre is specifically designed to accommodate the projected growth for the Central Otago and Queenstown Lakes District with in excess of 40,000 square metres of retail and commercial spaces and over 1,000 customer car parks.

 

Viable Options

Flexible lease terms, competitive rental rates and design build options, Three Parks in Wanaka provides companies viable options in establishing their business in this district.

 

Specialist Stores in Demand

Wanaka is a large, growing market, unaffected by Covid and with virtually no day to day variety or specialist stores (local customers to travel to Dunedin) provides an economic market for start up businesses. 

 

Ideal location

Convenient location within 60 minutes of key population centres and level topography provides all year round access for distribution and servicing of customers.

 

Stability

Wanaka does not suffer the same constraints as Queenstown, i.e. economic downturn, soaring commercial rental rates and land prices.

 

Potential

Post Covid has seen unprecedented level of inquiry for commercial and retail opportunities within the Three Parks development as the full potential of Wanaka is realised.
 

Strong local market, competitive rental rates, flexible design options, strategic location for service and distribution, these are the key strategic advantages for companies establishing their presence in the Central Otago and Queenstown Lakes Districts at the Three Parks retail centre in Wanaka. 

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Three Parks Retail Centre

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Key Information
  • Competitive rental rates

  • Design Build options

  • Flexible rental areas 

  • Negotiable fit out & lease terms

  • Construction time 18 months from date of lease

Key Facts
  • 12 hectares

  • 27,000m2 bulk retail

  • 7,300m2 specialty retail

  • 6,000m2 office

  • Excess of 1,000 car parks

  • Plus 5 hectares for future development

Current Retailers
  • New World Supermarket

  • Mega Mitre 10

  • Mountain Warehouse

  • Bike it Now!

  • Liquorland

  • Flower Studio

  • Stirling Sports & Women

  • Fowler Homes

  • House of Travel

  • Fluid Recruitment

  • Silver Sixpence Beauty Clinic

  • Smiths Wanaka

Under Construction
  • The Warehouse Opening October 2023

  • Noel Leeming Opening October 2023

  • 6 Specialty Retail Stores Opening August 2023

  • 5 Commercial Tenancies Opening September 2023

Under Negotiation
  • 4 National Bulk retailers

Three Parks Retail Centre

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What's available?

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Retail Space

FOR LEASE

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