Rare freehold investment in Cromwell
•Tenanted investment opportunity returning $127,896 net p.a.
•Freehold corner site measuring 860sqm (more or less)
•Features generic warehouse, office and showroom and a three-bedroom apartment
•Prime position within Cromwell, a high-growth location in Central Otago
•Fully leased to established tenant OnPoint Windscreens & Glass
•Annual CPI rental growth
14 Hughes Crescent represents a rare freehold industrial investment opportunity positioned centrally in one of New Zealand's fastest-growing regions.
Comprising a fee simple landholding measuring 860sqm (more or less) and featuring generic warehousing, showroom/office and a three-bedroom apartment totalling 601sqm of lettable floor area.
Fully leased to On Point Windscreens & Glass, an established Windscreen Replacement, Glass Services business who have occupied the property since November 2022. Returning $127,896 net p.a. and benefitting from annual rent reviews, with immediate growth anticipated following a forthcoming CPI review in November 2026.
Located in the heart of Cromwell's industrial precinct and in close proximity to State Highway 6, 14 Hughes Crescent stands to benefit from perennial growth in the Central Otago region and its unmatched connectivity to Queenstown and Wanaka.
To be sold by Auction (unless sold prior), at 11am, Friday the 11th September 2026.
For further information, please contact:
Henry Napier
+64 21 024 64785
henry.napier@bayleys.co.nz
William Gubb
+64 21 145 6811
william.gubb@bayleys.co.nz
•Freehold corner site measuring 860sqm (more or less)
•Features generic warehouse, office and showroom and a three-bedroom apartment
•Prime position within Cromwell, a high-growth location in Central Otago
•Fully leased to established tenant OnPoint Windscreens & Glass
•Annual CPI rental growth
14 Hughes Crescent represents a rare freehold industrial investment opportunity positioned centrally in one of New Zealand's fastest-growing regions.
Comprising a fee simple landholding measuring 860sqm (more or less) and featuring generic warehousing, showroom/office and a three-bedroom apartment totalling 601sqm of lettable floor area.
Fully leased to On Point Windscreens & Glass, an established Windscreen Replacement, Glass Services business who have occupied the property since November 2022. Returning $127,896 net p.a. and benefitting from annual rent reviews, with immediate growth anticipated following a forthcoming CPI review in November 2026.
Located in the heart of Cromwell's industrial precinct and in close proximity to State Highway 6, 14 Hughes Crescent stands to benefit from perennial growth in the Central Otago region and its unmatched connectivity to Queenstown and Wanaka.
To be sold by Auction (unless sold prior), at 11am, Friday the 11th September 2026.
For further information, please contact:
Henry Napier
+64 21 024 64785
henry.napier@bayleys.co.nz
William Gubb
+64 21 145 6811
william.gubb@bayleys.co.nz
Key features
Location
Positioned centrally in Cromwell, a high-growth suburb in Central Otago
Growth
Immediate rental growth with CPI review in November 2026
Anchor tenants
Established tenant with scale throughout the region
