Deadline Sale
3 2 3
Deadline sale Wed, 18 Nov
Beautifully Presented, Exceptionally Easy-Care
14 Neason Place, Cromwell
Tall Poppy Central Otago
Aerial · LINZ aerial
Unclaimed
16 Hosking Drive, Cromwell
Central Otago District
Negotiation
- 4
- 2
- 2
- 216m²
- 749 m²
- House
- 2 Garage
More Space. More Storage. More Lifestyle!
If you've been dreaming of a move to Central Otago, this is the home that makes it easy to picture your future.
Set within one of Cromwell's most established and sought-after subdivisions, this quality-built home offers the space, comfort, and lifestyle that many families and relocators are searching for. With room to grow, entertain, and store all the extras, it's perfectly suited to those wanting more from everyday living.
One of the standout features, and something becoming increasingly difficult to find, is the generous space for all the lifestyle essentials. Alongside the double internal access garage with carpet and built-in storage, there's extensive off-street parking for the boat, caravan, jet ski, or camper, giving you the freedom to enjoy everything Central Otago has to offer.
Inside, the thoughtfully designed floor plan features four generous double bedrooms, all with built-in wardrobes. The master suite is positioned as a private retreat, complete with a walk-in wardrobe, ensuite, and direct access outdoors, creating the perfect place to start or finish your day.
At the heart of the home, the contemporary kitchen with breakfast bar overlooks the living spaces and captures beautiful mountain views. Two spacious living areas provide flexibility for growing families, guests, or simply finding a quiet place to unwind. The feature two-way gas fire creates a warm focal point, while a heat pump, heat transfer system, and Low-E tinted windows ensure year-round comfort.
Large stacker doors open seamlessly onto an expansive entertaining deck, extending the living outdoors and making the most of Central Otago's long summers and crisp winter days. The landscaped grounds have been designed for easy care, complete with wireless irrigation, a new garden shed, and space to relax without spending every weekend maintaining the section.
Location is everything, and this home places you at the centre of one of New Zealand's most desirable lifestyle destinations. Spend weekends exploring renowned wineries, cycling the Lake Dunstan Trail, golfing, boating, or skiing, with Coronet Peak, The Remarkables, and Cardrona all within approximately 50 minutes. After a day on the slopes, arrive home to a warm house with the gas fire ready to welcome you.
Whether you're relocating for a better lifestyle, upsizing to give your family more room, or looking for a home that complements your love of the outdoors, this property offers the quality, flexibility, and location to enjoy for years to come.
Homes that combine generous space, premium parking, quality finishes, and an established neighbourhood are becoming increasingly rare. This is an opportunity to secure a home that truly embraces the Central Otago lifestyle.
Deadline Sale closing 12:00pm, Tuesday 6 October 2026 (unless sold prior)
Contact Kate Andrew today to arrange your private viewing. Download the property information pack or make an offer in the link below. https://www.tallpoppy.co.nz/homes-for-sale/property-detail/TPCO7145
Open homes 1
Sat, 7 Nov11:45 am – 12:15 pm
OwnBetter estimate
$1.47m
Medium confidence
We estimate it would sell for $1,470,000 as at 5 October 2026, in a range of $1,260,000 to $1,670,000.
Typical home in Cromwell
$991k
The median of our estimates of its 3,558 homes
$1.26mLow
$1.4mCouncil value
$1.47mEstimate
$1.67mHigh
How we worked this out
| Council valuation, Sept 2025 | $1,400,000 |
|---|---|
| Market movement in Central Otago District since the council valuation | +6.0% |
| Apartments and houses in Central Otago District | +0.2% |
| How Cromwell sells against council values | −0.1% |
| Homes of this age in Cromwell | −0.3% |
| Homes in this price range | −1.0% |
| Nearby recent sales (15) | +0.3% |
| Our estimate | $1,470,000 |
We start from the council's rating valuation, move it by how sales in the area have moved since against their own council values, then by how properties like this one, nearby sales have done against the same arithmetic. Each step is an average of real sales. Tested every month against sales we had not seen: half land within about 6% of our estimate, and about 8 in 10 within the range. This is an automated estimate, not a registered valuation.
My notes
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Sign in for the free reportHome expense estimates
Estimates from the floor area and typical New Zealand prices, not quotes. Power, gas and internet details from the Electricity Authority and Gas Industry Co registries and Chorus.
Investor insights
16 Hosking Drive as a rental
Rent estimate$920/wk$800–$1,060 · Little evidence
Gross yield3.3%$47,840 a year on $1.47m
Net yield2.7%After $8,464 of costs
Cash flow−$430/wk30% deposit, interest only at 6.00%
| Line | ||
|---|---|---|
| Price Our estimate | ||
| Deposit | ||
| Interest rate | ||
| Rent a week our estimate $920 | ||
| Property manager | ||
| Rent, 52 weeks | $47,840 | |
| Empty between tenants 2 weeks | ||
| Property management 9.2% incl. GST | ||
| Maintenance 5% of rent | ||
| Council rates this year | ||
| Landlord insurance the building | ||
| Net income before interest | $39,376 | |
| Interest $1,029,000 at 6.00%, interest only | −$61,740 | |
| Cash flow before tax | −$22,364 | |
| Cash flow a week | −$430 | |
| Gross / net yield on the price | 3.3% / 2.7% | |
| Return on equity cash flow on the deposit, before tax | −5.1% | |
| Loses money above this interest rate, before tax | 3.83% | |
Type over any figure, add your own lines, or add a scenario to compare.
The rent covers the interest at rates up to 3.83%. That is -5.1% a year on a $441k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
Property data
- Floor area216 m²
- Land area749 m²
- Decade built2010s
- Bedrooms4
- Bathrooms2
- Parking6 car spaces
- Property categoryUse not published
- CouncilCentral Otago District
- Valuation #28506-68337
- Valuation date1 Sep 2025
From the council’s rating records and the other sources noted on hover. Bedrooms and bathrooms may come from a past listing. Built is the decade the valuer records.
Title and land
Order a title record- Title number757257
- Title typeFreehold
- Legal descriptionLot 42 Deposited Plan 503862
Registered instrumentsChecking the register… See the title summary →
Owner names and the parties to each instrument are not published on this page. Order the record of title to see them.
Getting around
Another agency selling this property too, or is it for rent? Import that listing and it shows beside this one.
Building consents
We hold no building consents for this property yet. The council may hold records we have not seen.
Unclaimed
Nobody is tracking this property yet
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We check your name against the registered owner on the title before a claim is accepted. Nothing on this page changes for anyone else, and no provider is contacted until you ask.
What claiming gets you
1One live recordCouncil valuation, title details and registered interests, kept current rather than gathered again every time you need them.
2Your lending in the pictureAdd what you owe, or connect the bank, and the equity and LVR stop being a calculation you redo by hand.
3Providers compete for itPut the mortgage, the insurance and the power out to people who want the business — on your terms, when you ask.
4Everything else you ownOne search finds other titles in your name and in companies you are a director of.
Zoning and hazards
What the council's published maps say about this land. A map is a model of a storm, not a record of one: a LIM or a flood report says more.
Reading the council's maps…
What could you build here?
See whether a granny flat fits beside the house: the Building Act exemption, the national granny flat rules and the zone’s own. Then ask builders to price the shape you pick.
About Cromwell
Central Otago District
4,365
Properties on the rating roll
10 Jun 2026
Last council revaluation
Buyer demand
7 people looked at properties in Cromwell this week.
Counts describe the records we hold for this territorial authority, not a market forecast. Our estimate above is automated, not a registered valuation; how it was reached is shown with it. Every council figure on this page can be checked against the council's own record.
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The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
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