




5 Mead Avenue, Cromwell, Otago
Key Facts
Cromwell 1 Bedroom 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.
Property highlights
- Golf Course Bordering Outlook
Positioned beside the 18-hole Links golf course with private outdoor living extending onto the greens.
- Central Cromwell Walkable Location
Two-minute walk to Cromwell CBD and close to the Lake Dunstan Trail.
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Roof: Good
Roof: Iron
?Questions about this home
AI-generated from property data — for reference only
What school zones is this property in?
The property is zoned for Cromwell Primary School, providing primary education from Year 1 to Year 6. Secondary education is available nearby at Cromwell College, which caters to Year 7 to Year 13 as an out-of-zone option.
What is the sales history of this property?
The property was most recently listed in July 2026, with no prior sales recorded in the available history. Earlier records show two previous listings in August and November 2025.
What are the CV and land details?
The property has a 2025 government CV of $3.69 million, an increase of about 34% over 2022, with land value accounting for $2.37 million. Holding a Freehold title across 5,551 square metres of land under Otago council jurisdiction, it features a 1980s commercial accommodation building with fibrous cement walls and an iron roof in good condition.
What transport and amenities are nearby?
Daily amenities are conveniently accessible on foot, with Cromwell Public Library and Cromwell Pool within about 2 to 3 minutes' walk. Groceries and shopping are equally close, with Mall Mania, New World Cromwell, and FreshChoice all situated within roughly 300 to 550 metres.
What is the neighbourhood like?
The Mead Avenue neighborhood has a median CV of around $750,000, with the vast majority of homes falling within the $500,000 to $1 million bracket. Housing in the immediate area is predominantly 2- and 3-bedroom configurations, with Freehold properties forming the majority of titles alongside unit titles.
