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Cromwell

5 Mead Avenue - Fairway Landing, Cromwell, Central Otago

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1 Bedrooms
1 Lounges
1 Bathrooms
1 Offstreet
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Fairway Landing-Short-stay & holiday accommodation


Fairway Landing is a purpose-designed short-stay and holiday accommodation development located beside Cromwell's 18-hole golf course and within easy walking distance of the town centre. The site currently comprises an existing Motel and a large adjoining vacant Lot, with the development planned as a cohesive two-stage project.

Stage 1 will develop the vacant land into a limited collection of architecturally designed townhouses, comprising:
5 x three-bedroom units, 14 x two-bedroom units, 4 x one-bedroom units
Designed by award-winning architect Phillip Matz of Matz Architects and to be constructed by Scott Construction, these homes are specifically intended for short-stay and holiday accommodation use.
The site is zoned for visitor accommodation, meaning the properties are not for permanent residential occupation. No single stay may exceed 90 days.
Owners may use their property as a private holiday home or elect to place it into a professional on-site management arrangement. Where managed, rental projections and operating information are available to assist buyers in assessing suitability.
Pricing guidance is available - further information via confidential discussion.
Prices are plus GST (if any)

For Sale NZ$569,000
Tim Harris

Tim Harris

Residential and Investment Sales and Marketing

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

Features

Local amenities


Unparalleled location: beside the 18-hole golf course, 2 minutes to Cromwell CBD

Layout


Premium townhouses with contemporary design and smart layouts

Lifestyle


Close to lakes, cycle trails, wineries, and the region’s ski fields

Investment


Secure investment in one of New Zealand’s fastest-growing lifestyle hubs

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