123 Ord Road, Cromwell, Central Otago, Otago

123 Ord Road, Cromwell, Central Otago, Otago Mature Orchard and Land Development Opportunity

For the first time in over four decades, after a tightly held family ownership, we are proud to present to market this exceptional lifestyle land development opportunity.

This significant lifestyle land holding should represent excellent value in the location and provide a new owner with a raft of possibilities for further development options.

Currently configured on one 6.5 ha title (more or less) the property features 3.9 ha (more or less) of mature netted cherries, an extensive irrigation system with large storage pond and substantial shed and pump house totaling 310 sqm.

There is significant opportunity for an owner operator to further develop the cherry production, establish a residential dwelling, subdivide or a combination of all three.

The current owners have all but obtained a resource consent permitting a 3-lot subdivision which will be made available to the owner further underwriting the potential future value of the site.

An idyllic location, the property is surrounded by established orchards and has access to spectacular views in all directions. The first-class amenities on hand include Lake Dunstan, walking and cycling trails, world class vineyards and restaurants plus handy access to Wanaka and Queenstown with its international airport.

A property with so many possibilities should provide strong strategic opportunity now and into the future.

Please feel free to call today to discuss further or arrange your private inspection.

Deadline Sale: Closes 12:00 p.m. Wednesday 26 June 2024 (unless sold prior)