Invest in Lake Wanaka Accommodation

Owning a share in Altamont is an excellent way of securing your own high quality accommodation in Lake Wanaka at a low price. Altamont North Lodge Ltd is a New Zealand owned limited liability company with a company office number of 321940 and NZBN number of 9429039680952. The company was formed in 1986 to develop a Lodge with the Vision of developing a facility to provide an “Exceptional Quality, Low Cost Holiday home” for shareholders in Lake Wanaka New Zealand.

Wanaka Investment - Altamont Lodge Shares for Sale

The Company has 65 shares with around 55 shareholders at any one time, with some shareholders owning more than one share. The companies Share Register is filed annually with the NZ Companies Office - reference number 321940. Five elected directors provide governance and overall business management while the day-to-day management of the Lodge is carried out by a  live in manager under contract to the Company.

To meet the companies vision, vacant rooms are let to the public. Guest fees  have covered all costs of maintaining the Lodge to a very high standard with no annual  fees to shareholders for  the last twenty five years.

Benefits of Owning and Altamont Share

Owning a share in Altamont allows the shareholder(s) to hold an occupancy license and the licencee(s) can nominate one person on the Register to be the nominated occupier. It is the nominated occupier, the partner of this person and the dependent children of this partnership that have the right to occupy up to 28 room nights (14 summer and 14 winter) a year at the minimal cost of $10 room/night. Rooms can sleep up to four people and as long as the shareholder or partner is present the room can be filled with family or friends.  Shareholders have priority bookings over the public until 3 months prior to occupancy.  Shareholders also have free access to  the laundry facilities, bikes, tennis court, spa and drying room.

Shares price is set by the market and is based on supply and demand.  An indicative price is $20,000/share and shareholders are limited to a maximum of two shares/family.

Shares Presently on the Market

Share # Contact Email Phone
5 & 34 Andrew  or Chris Porteous 096303539

Document Downloads

  1. Download PDFLodge Booking Rules & Procedures
  2. Download PDFConstitution of Altamont North Lodge Ltd.
  3. Download PDFOccupancy Licence and use of facilities
  4. Download PDFApplication form for share transfer and occupancy license
  5. Download PDFApplication form for nominated occupier
  6. Download PDFLatest financial report

Shareholders / Investment Contact

For those interested in purchasing a share in Altamont or wish to discuss other Altamont matters please contact Chairman Adrian Rhodes, Company Secretary Gabby Clezy, or Marketing Director Noeline Viney.

Board of Directors

Dr Adrian Rhodes
Phone 09 5367366 or 027 5367366
Ms Gabrielle (Gabby) Clezy
Phone 027 5500318
Finance Director
Mr Wayne Palmer
Phone 027 699 5526
Marketing Director
Ms Noeline Viney
Phone 022 634 0641
R&M Director
Mr Peter Spiers
Phone 021 135 1573
Book Online

Accommodation Rates

  • Single (1 person): $79
  • Double (2 people): $99

Contact us

Manager: Helen Arthurs
Telephone: +64 3 443 8864

121 Wanaka-Mount Aspiring Road
Lake Wanaka 9305
New Zealand

New Zealand Tourism Guide Gold Membership Trip Advisor