Australia and New Zealand’s timeshare company, Accor Premiere Vacation Club (APVC) has unconditionally contracted to purchase apartments within the Grand Mercure Oakridge Resort complex at Lake Wanaka on…
Australia and New Zealand’s timeshare company, Accor Premiere Vacation Club (APVC) has unconditionally contracted to purchase apartments within the Grand Mercure Oakridge Resort complex at Lake Wanaka on New Zealand’s South Island.
The agreement valued in excess of $5 million with Northern Link Developments will see the club release existing apartments to its members immediately, and further construction of apartments carried out in the Grand Mercure Oakridge Resort’s next phase of development upon approval of architectural plans.
“Wanaka is an ideal location for our New Zealand and Australian members, and complements our existing properties in nearby Queenstown and the recently purchased APVC Puka Park Resort, Grand Mercure on the Coromandel Peninsula,” said Martin Kandel, CEO of Accor Premiere Vacation Club.
“Perfect for couples or families, APVC’s 16,500 Members and their families now have three quality destinations in New Zealand to choose from, in addition to the 14 properties they already enjoy across Australia,” he added.
The Wanaka region is home to four international ski areas, the island-dotted Lake Wanaka, and is also the gateway to the Mount Aspiring National Park. It is a four season favourite destination for New Zealanders and for international visitors.