ABOUT ALTAMONT LODGE
Altamont Lodge was built with the vision of being an “exceptional quality, low cost, family friendly holiday home” at Lake Wanaka for our shareholders. Altamont Wanaka welcomes visitors who are both shareholders or travellers visiting Wanaka.
INVEST IN ALTAMONT LODGE WANAKA
Investing as a shareholder gives you the opportunity of having your own high quality, family accommodation in Lake Wanaka at a very low cost, budget friendly, price. It also allows you to invest in a share of a property and business in Wanaka that has a solid financial track record and is, arguably, currently under-priced due to being a ‘hidden gem’.
The Company has 65 shares with around 55 shareholders at any one time. Five elected directors provide governance and overall business management while the day-to-day management of the Lodge is carried out by live-in managers under contract to the Company.
To meet the companies vision, vacant rooms are let to the public. Guest fees cover all of the costs of maintaining the Lodge to a very high standard so there no annual fees to shareholders. It has been this way for the last twenty five years.
Owning a share in Altamont Wanaka allows you to have a room at Altamont Lodge, Lake Wanaka for 28 nights per year (14 winter nights and 14 summer nights). The cost for shareholders is just $15 per night.