46 McNulty Road, Cromwell, Central Otago

Prominent development site with cashflow.

Introducing an exceptional industrial opportunity in Cromwell, 46 McNulty Road, Cromwell.

This expansive property, spanning 6,706sqm, is now available for purchase by way of Deadline sale.

Boasting a prominent position on McNulty Road, this site benefits from over 40 metres of road frontage ensuring great exposure to the substantial traffic flow. There is also a separate entrance and right-of-way that provides access to the rear of the property adding to the flexibility of the site.

The existing circa 650sqm office block at the rear of the site is currently being leased to Aurora Energy leaving the front half of the site available for immediate development in the prime position fronting McNulty Road.

This offering would suit investors looking to landbank with a good cashflow, developers wanting a sizeable project in a prime location, business's needing high exposure and room to grow. Cromwell's economic foundation remains robust, bolstered by its strategic position as a central distribution hub, serving Queenstown, Wanaka, and the broader Central Otago region.

The sustained growth witnessed over the past decade in residential, lifestyle, the horticulture and viticulture industries and commercial sectors underscores Cromwell's investment potential.

Key Features:
• High exposure with high traffic flows
• Office block currently leased to Aurora Energy
• Large area of land available for immediate development
• Prime location within the thriving Cromwell Industrial Hub
• Suitable for large scale proposals
• Separate access to the rear of the site