133 Luggate-Cromwell Road, Cromwell, Central Otago, Otago

133 Luggate-Cromwell Road, Cromwell, Central Otago, Otago Strategic landholding in Central Otago

An exceptional opportunity to invest in this prime landholding of approximately 35.9 hectares on the border of Cromwell one of New Zealands fastest growing regional townships. With approximately 1.5 kms of State highway frontage overlooking Lake Dunstan this substantial land holding subject to gaining the appropriate consents, lends itself to a multiple of uses in the future such as a rural lifestyle subdivision, camping ground, viticulture/horticulture development, large scale packhouse and workers accommodation complex, upmarket lodge just too name a few.

Consent is already in place to subdivide into two which we understand could be increased to four under the current zoning rules.

Alternatively, just enjoy this fabulous lifestyle location and renovate the charming villa style homestead to suit your family's needs and leave a fabulous legacy for the next generation.

Cromwell has become the hub of Central Otago providing a fantastic lifestyle for its ever-growing resident population as well as servicing the surrounding vineyard and orchard industry. Being centrally located in the Lakes district Cromwell which has established itself as the place of choice for many of NZ's major logistics and service companies to base themselves and service the wider area resulting in huge growth in the local industrial and business sectors.

Couple all this with the increasing tourism market through the world class wine/vineyard experiences in the area, the spectacular Highlands motorsport park and the ever-growing attractions in the area and Cromwell's continued growth is inevitable.

The astute investor with an eye to the future will see the potential for this outstanding land holding, enquire today to learn more and make an appointment to view.

To be sold by Deadline Sale

Deadline sale date (unless sold prior) 4pm 9 February 2023

Bayleys Office, 24 The Mall, Cromwell