


Listing Description
Premium architect designed holiday homes
5 Mead Avenue, Cromwell, Central Otago, Otago
Asking price $569,000
Details
| Attribute | Value |
|---|---|
| Property type | Townhouse |
| Parking | 1 off street carpark |
| Agency reference | 4544700 |
Description
Introducing Fairway Landing, a new, premium development overlooking the golf course. Designed by Matz Architects and to be constructed by Scott Construction, this two-stage project will deliver 41 townhouses alongside an 18-room boutique motel, creating a modern, high-quality holiday destination. There are one, two and three bedroom options, priced from $569,000 plus GST (if any). Whether it's golf, cycle trails or any of the other activities the region has to offer, there is no doubt these will be in demand. Significant capital growth is all but assured, as Cromwell continues to benefit from strong long-term fundamentals. Based on CODC growth estimates, tourism projections and investment in the area, faster annual growth than the rest of New Zealand is likely to continue. Demand for accommodation is solid and growing. The existing cycle trail to Clyde already draws over 100,000 visitors a year and this will be complimented by links to Queenstown and then Wanaka. Dunstan Lake is a drawcard for families and water sports enthusiasts. The award winning wineries are always popular, and the new Memorial Hall & Events Centre will open in 2026 and be an additional, year-round source of visitors. Of course, there is also skiing in Winter - base yourself in Cromwell and take your pick of the slopes in Wanaka or Queenstown. Each purchase can include an initial two-year management agreement, meaning your holiday home is professionally cared for - and generating occupancy - when you're not using it. Rental appraisals are available, supporting clear forecasts for investors. This is a unique chance to secure a premium, fully managed holiday home in one of Central Otago's fastest-growing locations. Call now to secure your investment. Prices are plus GST (if any).
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