Cromwell Gorge
2 Monaco Drive, Cromwell Gorge, Central Otago
+13Premium management rights business
• Currently 48 well-appointed units in the letting pool
• Studio units, one, two and three-bedroom apartments
• Located in one of New Zealand's fastest growing regions
Secure a rare opportunity to acquire a modern Management Rights business in one of New Zealand's fastest growing tourism regions, complete with ownership of a beautifully appointed three-bedroom, three-bathroom apartment with underfloor heating and featuring a welcoming reception area and dedicated laundry/storage facilities.
Ideally situated within the Highlands Innovation and Technology Park and within easy driving distance through the spectacular Kawarau Gorge to Arrowtown and Queenstown, or past Lake Dunstan to Wanaka. Central Park Apartments benefits from strong year-round visitor demand driven by tourism, strong corporate clientele, events, and the continued growth of Central Otago.
Purpose-built around 2017, the complex presents to a high standard and offers a well-balanced mix of studio, one-bedroom, two-bedroom and three-bedroom fully self-contained apartments, each featuring modern kitchens, in-unit laundry facilities, private outdoor areas, and quality heating, including double glazing and heat pumps.
For further information, please contact :
Allister Simpson
+64 21 147 8034
allister.simpson@bayleys.co.nz
Allister Simpson
Queenstown and Southern NZ Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Established business
Offered for sale as a management rights business, with the added advantage of acquiring well‑appointed freehold real estate
Accommodation
Currently 48 units in the letting pool
Business use
Combined with its thriving hospitality and leisure offerings, the region also presents excellent opportunities for investors seeking long-term growth and strong corporate business potential
Location
Situated in the heart of Central Otago, Cromwell benefits from steady corporate demand, strong weekend occupancy, and growing tourism market driven by the region’s outdoor recreation and wine industry
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Property files
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