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Cromwell

Lot 7 Bendigo Downs, Cromwell, Central Otago

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33.13 ha Land area SQM

Asking Price NZ$2,290,000 + GST

 (if any)

Prime opportunity in a new luxury hotspot


Lot 7, Bendigo Downs is the premium site and offers an exciting addition to the luxury attractions of Central Otago. The site stands out for its magnificent views; situated on the eastern side of Lake Dunstan and overlooking the mountainous Pisa Range, its location is a feature that makes Bendigo Downs unique and highly prized. This view, combined with the site's proximity to Queenstown, Wanaka, and Cromwell, makes Bendigo Downs an ideal location for drawing large volumes of visitors year-round. In addition to its location, the site itself is suited perfectly to support varying commercial operations. Each lot is freehold and includes a 1600sqm building platform, a large plot of land, and a vast water supply. Be it horticulture, viticulture, a winery, accommodation, or other attractions (all subject to resource consent); the savvy investor could transform one or more of the vacant lots into a lucrative, popular business. As a further indication of the significant future upside potential of the site, an internationally recognised distillery has been purchased at Bendigo Downs and the planned architectural building will provide food and beverage which will undoubtedly attract many visitors to the area. Price is plus GST (if any).

Click here to view or copy and paste this link into your browser: https://www.odt.co.nz/regions/central-otago/new-distillery-underway-central

Doug MacGillivray

Doug MacGillivray


Queenstown and Southern NZ Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Greg Price

Greg Price


Queenstown and Southern NZ Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Proximity


Magnificent views and close to Queenstown, Cromwell and Wanaka, making it an ideal location for drawing large volumes of visitors all year round, if you use it for commercial pursuits

Versatile


Suitable for commercial or private residential use, each lot has a 1,600sqm building platform, a large plot of land, and a vast water supply, be it for horticulture, viticulture, accommodation etc.

Viti/Horticulture?


8ha (approx.) plantable area, with 2ha horticulture and 5.5ha viticulture