A Place to Live, Relax and Earn

Listed 27 Aug
16 Leitrum Street, Cromwell, Central Otago, Otago
Price by negotiation
Details
- Floor Area
- 220m²
- Land area
- 809m²
- Toilets
- 4
- Broadband
- ADSL, Fibre, Satellite, VDSL, Wireless


A Place to Live, Relax and Earn
At first glance, you'll see a well-presented character home, but look a little closer and there's a lot more on offer here. The home is comprised of four bedrooms, a home office, double garaging, a pool, spa and sauna; as well as a separate one-bedroom, self-contained unit, making this a home that's seriously well equipped for family life, entertaining and everything in between.
The current owners have loved making the most of it, but now they're ready for their next move, creating an exciting opportunity for someone new to step in and make it their own.
Think Christmas around the table, family celebrations, summer days spent by the salt water pool and winding down in the spa as the sun goes down. This isn't just a home that looks good; it's one that's been lived in, loved and enjoyed... And there's even more to it, with a separate, consented travellers accommodation unit. Use it to welcome guests and give family their own space, or take advantage of the opportunity for an additional income stream. It's a flexible addition that opens up another world of possibilities.
The kitchen and bathrooms have been renovated, with new carpet and tiles adding to the fresh feel throughout. There's still plenty of opportunity to add your own touch and build further value over time, making this a home that can grow with you. Solar panels help reduce running costs, while smart controls mean the home is warm and welcoming before you even arrive. Whether you're looking for a family home with room to spread out, a property with space for guests, or an opportunity to generate extra income, this one offers more than you might expect. With so much already in place and further potential to unlock, it's well worth a closer look.
Call today to arrange a viewing or enquire further.

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Local Schools
- CROMWELL PRIMARY SCHOOLMolyneux AvenueRoll: 417
- CROMWELL COLLEGEBarry AvenueRoll: 696
- CROMWELL EARLY LEARNING CENTRE INC53 Monaghan StreetRoll: 51
- BESTSTART WOOING TREE32 Blondie DriveRoll: 41
- MOLYNEUX EDUCARE INC17 Molyneux AvenueRoll: 51
- LITTLE WONDERS CROMWELL102 Barry AvenueRoll: 63
- BARNARDOS EARLY LEARNING CENTRE CROMWELL25 A Gilling PlaceRoll: 46
- GOLDFIELDS SCHOOL (CROMWELL)Gilling PlaceRoll: 338
- CLYDE SCHOOL25 Blyth StreetRoll: 174
- THE TERRACE SCHOOL (ALEXANDRA)Marslin StreetRoll: 291
- DUNSTAN HIGH SCHOOLEnterprise StreetRoll: 577
- ST GERARD'S SCHOOL (ALEXANDRA)2 Station StreetRoll: 165
- TARRAS SCHOOL2812 Tarras-Cromwell RoadRoll: 31
- WAKATIPU HIGH SCHOOL47-49 Red Oaks DriveRoll: 1552
- LIGER LEADERSHIP ACADEMYUnit 10 34 Grant RoadRoll: 32
- MT ASPIRING COLLEGE101 Plantation RoadRoll: 1315
Location info
Tour the property
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Property insights
HomesEstimate
- Updated
- October 15, 2026
- Estimated value
- $1.24M - $1.39M
These are computer generated price guides only. For more information about this property, contact the agent.
RentEstimate
- Estimated rent
- Not yet available
- Rental yield
- Not yet available
More about RentEstimate and rental yield
Capital value
Summary of land value and improvement value. This is set by the council.
- Updated
- September 1, 2025
- Capital value
- $1,060,000
- Land value
- $680,000
- Improvement value
- $380,000
Capital Valuation and rates information is sourced from the relevant council. Confirm directly with the council before making any decisions based on this data.
Property trends
- Property estimate trend
- This home estimate range: 1.24M - 1.39M
- Suburb median
- Cromwell: 960K



