9 Gair Avenue, Cromwell, Central Otago

Central Otago freehold motel investment

• Freehold investment in a high-growth Central Otago location
• Long-term lease providing secure passive income
• Established operator in place
• Well-maintained 12-unit motel complex with two-bedroom manager's residence

An exceptional opportunity to acquire a quality freehold motel investment in the thriving Central Otago township of Cromwell. Leased to an experienced and established operator, this well-maintained accommodation asset delivers secure passive income underpinned by a long-term lease in one of New Zealand's fastest-growing tourism and lifestyle destinations.

Occupying a substantial 3,763sqm (more or less) freehold site, the property comprises a well-presented 12-unit motel complex together with a spacious two-bedroom manager's residence and reception. Positioned on Gair Avenue, the property enjoys excellent exposure while providing guests with a private and welcoming environment, complemented by established landscaped grounds, a children's playground and BBQ facilities.

Cromwell continues to experience strong economic and population growth, benefiting from its strategic location between Queenstown and Wanaka. Just 45 minutes from Queenstown via the Kawarau Gorge and approximately 40 minutes from Wanaka alongside Lake Dunstan, the property is ideally positioned to capture year-round domestic and international visitor demand.

The investment is secured by a lease generating a current net income of $138,000 per annum, with a term extending through to 2054, plus a further 10-year right of renewal. Biennial rental reviews provide the potential for future income growth, offering investors long-term security and confidence.

To be sold by Deadline Private Treaty (unless sold prior), closing at 12pm on Thursday, 10 September 2026.

For further information, please contact:

John Archibald
+64 27 432 8116
john.archibald@bayleys.co.nz

Allister Simpson
+64 21 147 8034
allister.simpson@bayleys.co.nz