CBRE is pleased to present Goldfields, a significant 28.8-hectare residential development opportunity strategically positioned on the western edge of Cromwell.
Occupying a prominent gateway location within one of New Zealand's fastest-growing regional centres, Goldfields offers an exceptional combination of scale, zoning flexibility and master-planning potential.
The property comprises approximately 12.73 hectares of Low Density Residential land and 16.07 hectares of Medium Density Residential land, creating the opportunity to deliver a substantial residential community catering to a range of housing typologies and market segments.
Situated adjacent to established residential neighbourhoods, a retirement village and State Highway 6, the site benefits from existing surrounding infrastructure, multiple access points and close proximity to Cromwell's key amenities. The property is positioned within Cromwell's identified growth corridor and is well placed to capitalise on ongoing population growth, housing demand and migration from neighbouring Queenstown and Wānaka.
The scale of the landholding allows for a comprehensive master-planned approach, with indicative concept plans demonstrating the potential for approximately 467 residential lots alongside superlot development opportunities.
Investment Highlights:
— 28.8ha freehold residential development site
— Approximately 12.73ha Low Density Residential zoning
— Approximately 16.07ha Medium Density Residential zoning
— Multiple access points and extensive road frontage
— Located within Cromwell's urban growth corridor
— Existing surrounding residential development and infrastructure
— Indicative concept yielding approximately 467 residential lots plus superlots
— 40 minutes to Queenstown International Airport
— One of Central Otago's most significant development opportunities
CBRE, as sole agent, is pleased to offer Goldfields, Cromwell to the market for sale by way of International Expressions of Interest closing Wednesday 28th October, at 4:00pm NZST (unless sold prior). Offers are invited for the whole site or as two parcels (12.73ha Low Density Residential land or 16.07ha Medium Density).
For further information or to arrange an inspection, contact the sole agents’ Tim Rookes, John Holmes & Cameron Darby today.
*Approx