4 and 4a Hosking Drive, Cromwell, Central Otago, Otago

4 and 4a Hosking Drive, Cromwell, Central Otago, Otago | Tall Poppy

Dual Investment Opportunity!

4 and 4a Hosking Drive, Cromwell, Central Otago

Bedrooms

5

Bathrooms

3

Floor area

190m2

Land area

703m2

Deadline Sale

Updated 4 days ago

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Open homes

This property has just come on the market

Add an Open Home to your calendar

  • Sat 18 Oct 10:45 am - 11:15 am

Saturday

18

October

Next Viewing

About this property

Here is a property designed with income in mind. Offering flexibility and strong returns, it's an ideal option for those looking to secure a long-term investment in a high-demand rental market.

Currently returning over $1,200 per week with two fixed-term tenants keen to stay on, the property provides both stability and potential.

Two-Bedroom Unit: Complete with a full kitchen, bathroom, outdoor space, and off-street parking.

Three-Bedroom Home: Features a family bathroom with bath, ensuite with walk-in robe, spacious kitchen with walk-in pantry, open-plan living, plus an additional lounge.

Altogether, the property offers five bedrooms, three bathrooms, three lounges, and two kitchens, with the flexibility to keep as dual rentals or open up into one large home.

Opportunities remain to add value with further landscaping or garaging, enhancing both appeal and returns.

Cromwell is a thriving hub, strategically located between Wanaka and Queenstown. With strong commercial growth, wineries, cycle trails, and industry expansion, demand for quality rentals continues to climb, making this the perfect time to secure your place in the market.

Viewing via open homes. Don't miss this rare chance to combine immediate income with future growth.

To be sold by Deadline Sale | Wednesday, 22nd of October at 12 pm (if not sold prior).

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Key selling points

  • 190m2
  • 0 car garage
  • 0 carport
  • 4 parking spaces

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We can send you links to all of the documents we have on hand for this property.

Including Council documents and titles if available.

Allow 5-10 mins for the request to be processed.

Additional property details

  • 190m2
  • 0 car garage
  • 0 carport
  • 4 parking spaces

In The Area

  • Nearest School

    Gold fields primary and Cromwell college

  • Nearest Public Transport

    Cromwell Mall

  • Nearest Shops

    Jolly's Road Dairy and the Mall

  • Nearest Town

    Cromwell

Value Details

  • Rateable Value

    1050000

  • Land Value

    455000

  • Improvement Value

    595000

  • Rates

    $4,965.59

Items Included In the Sale
  • Bathroom Extractor Fan x3
  • Dishwasher x2
  • Electric Hob x2
  • Electric Oven x2
  • Fixed Floor Coverings
  • Heat Pump x2
  • Irrigation System
  • Laundry Tub
  • Letterbox x2
  • Light Fittings
  • Rangehood x2
  • Security Lights
  • Smoke Detector(s)
  • Window Treatments
  • We are revolutionising real estate by offering crystal-clear pricing, industry-leading marketing and processes to get you the best possible price on your property.

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