17 Inverness Crescent, Arrowtown, Queenstown-Lakes, Otago

Savvy developers will recognise the rare opportunity this site presents. With Arrowtown’s appetite for high quality housing well established through the success of projects like the Cottonwood Villas and Three Mayors development, demand for premium new homes continues to outstrip supply. Positioned in the heart of the Medium Density Zone, with its flat, north facing aspect and holding income in place, this property offers a proven pathway for those ready to create the next standout project in Arrowtown’s evolving landscape.

With zoning that encourages increased housing density, this site is primed for multi unit development or a premium townhouse project (subject to council approval). The existing four bedroom, two bathroom home is well maintained with reliable tenants generating $895/week, providing a solid income stream while you design, plan, or landbank for the future.

594sqm of flat, north facing land – maximise natural light and mountain views.

Medium Density Residential Zoning – explore subdivision or multi unit potential.

Established home with existing income – tenants in place to offset holding costs.

Walkable to Arrowtown’s historic village, schools, and recreation grounds.

Peaceful, established neighbourhood – a rare development site in a sought after area

Development opportunities like this are increasingly rare in Arrowtown. With strong buyer demand, limited available land, and proven success in neighbouring projects, this site won’t stay on the market for long. Whether you are ready to break ground now or secure a premium holding for the future, this is your chance to shape Arrowtown’s next chapter. Contact us today to receive the full information pack or arrange a private viewing – opportunities like this don’t wait.