Prime opportunity in a new luxury hotspot

Lot 2 Bendigo Downs , Cromwell

Asking Price NZD $3,950,000 + GST (if any)

Download Email
Prime opportunity in a new luxury hotspot | Lot 2 Bendigo Downs , Cromwell | 4520856 |      X Close

Prime opportunity in a new luxury hotspot

Bendigo Downs is a new development that 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 close 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 purchased at Bendigo Downs and groundwork has already begun on an architectural building (with restaurant) that will attract many visitors to the area.

If a business is not at the forefront of the investor's mind, Bendigo Downs can also accommodate a residential property. The remote location, combined with a sublime outlook and appealing climate, offers huge potential for a special and highly valuable property. Of course, a property such as this could be leased to create a strong revenue stream.

The subdivision itself has been developed with luxury in mind. The gated entranceway, landscaped dam, and sealed roads at Bendigo Downs exude premium quality and attention to detail. With this approach to the development, Bendigo Downs will surely become a luxury tourism hotspot, easily rivalling the likes of Gibbston Valley and Bannockburn.

With only 3 lots still available at Bendigo Downs; this exciting opportunity will not last much longer.

Phone for a private viewing.

Lot 2 Bendigo Downs , Cromwell

Open in map