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Unclaimed

5 Mead Avenue, Cromwell

Central Otago District

Enquiries Over $569,000 Plus GST (if any)

  • 1
  • 1
  • 72m²
  • Townhouse

Fairway Landing - Cromwell's 'Boomtown' Investment

Live, holiday or invest in the fastest-growing town in Central Otago. Known as "Boomtown" for its explosive development, Cromwell is the region's hub - perfectly placed between Queenstown, Wānaka, Dunedin and Christchurch, with a lower cost of living, exceptional lifestyle, and major projects on the horizon such as the proposed Tarras gold mine and an international airport. This growth is driving unprecedented demand for quality homes and visitor accommodation, adding to its charm as a weekend getaway.

Fairway Landing offers a rare opportunity to secure a premium one or two-bedroom townhouse in a prime location beside the 18-hole Links golf course and only a two-minute walk to Cromwell's vibrant CBD. These freehold properties will be priced at $569,000 for a one-bedroom and from $679,000 for a two-bedroom townhouse. These architecturally designed properties offer a combination of style, functionality, and investment potential.

Designed by award-winning Matz Architects and built by Scott Construction, each townhouse makes the most of light, space and privacy. Interiors feature fully integrated kitchens with stone benchtops, European oak flooring, feltex carpets, quality appliances, and generous storage. The tiled bathrooms feature underfloor heating and heated towel rails, while two-bedroom layouts include an extra powder room, additional storage, and stunning north-facing views over the golf course. Private outdoor living areas extend your space onto the greens, perfect for relaxing after a day exploring the region.

All townhouses have visitor accommodation consent, allowing you to enjoy your property personally for up to three months at a time and/or rent it out for the remainder of the year. An on-site management team is available to handle bookings, guest services and maintenance, making this a hassle-free income-generating asset.

Cromwell offers year-round appeal - from cycling the Lake Dunstan Trail and wine tasting Central Otago's iconic Pinot Noirs, to motorsport at Highlands, skiing in the nearby Southern Alps resorts, and attending world-class cultural events across the region. As a thriving commercial hub with national brands, growing tourism, and major infrastructure projects in the pipeline, it's no surprise that Cromwell has become the focus for savvy property investors and lifestyle seekers alike.

Stage 1 includes just 19 two-bedroom and 4 one-bedroom freehold townhouses, each with a titled car park. With high-quality finishes, unbeatable location, and strong rental demand, Fairway Landing is your chance to own in Central Otago's most dynamic and desirable town.

Please note that all images and video of existing townhouses (internals and externals) are from a sister development in Wanaka for illustration purposes only. Viewings of the sister developments are encouraged and can be arranged to provide any indication of the feel and quality of the proposed townhouses. Fairway Landing development is yet to be built, and completion is estimated in June 2027. Prices are plus GST if any.

Every sale and rating valuation published for this property, and when it was on the market, newest first. No sale on record yet.

ON
11 Aug 2025
On the market
Enquiries Over $569,000 Plus GST (if any)
Listed for sale

A rating valuation is the council's figure for apportioning rates, not a market appraisal. Sale prices are as published; a code beside a price is the council's sale type — hover it for what it means. “Off the market” only means the property stopped being advertised: it may have sold, been withdrawn or moved to another agency.

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Property data

  • Land area1.11 ha
  • Property categoryUse not published
  • CouncilCentral Otago District
  • Valuation #28504-6304

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 numbersOT12A/285, 840417
  • Title typeFreehold
  • Legal descriptionLot 3 Deposited Plan 20490
Registered instrumentsChecking the register… See the title summary →

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About Cromwell

Central Otago District
4,365
Properties on the rating roll
10 Jun 2026
Last council revaluation

Counts describe the records we hold for this territorial authority, not a market forecast. OwnBetter has no estimate for this property. Every council figure on this page can be checked against the council's own record.

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