14 Hughes Crescent, Cromwell Rare freehold investment in Cromwell

Available PropertyFiles:

  • 14 Hughes Cresent Cromwell Lease.pdf
  • COT - 104520 - 14 Hughes Crescent.pdf
  • Draft Auction Particulars & Conditions 14 Hughes Crescent.pdf
  • LIM - L260597 - 14 Hughes Crescent.pdf
  • NHL_Hughes_OPEX_June 2026 (81).pdf

Property Description

•Tenanted investment opportunity returning $127,896 net p.a.
•Freehold corner site measuring 860sqm (more or less)
•Features generic warehouse, office and showroom and a three-bedroom apartment
•Prime position within Cromwell, a high-growth location in Central Otago
•Fully leased to established tenant OnPoint Windscreens & Glass
•Annual CPI rental growth

14 Hughes Crescent represents a rare freehold industrial investment opportunity positioned centrally in one of New Zealand's fastest-growing regions.

Comprising a fee simple landholding measuring 860sqm (more or less) and featuring generic warehousing, showroom/office and a three-bedroom apartment totalling 601sqm of lettable floor area.

Fully leased to On Point Windscreens & Glass, an established Windscreen Replacement, Glass Services business who have occupied the property since November 2022. Returning $127,896 net p.a. and benefitting from annual rent reviews, with immediate growth anticipated following a forthcoming CPI review in November 2026.

Located in the heart of Cromwell's industrial precinct and in close proximity to State Highway 6, 14 Hughes Crescent stands to benefit from perennial growth in the Central Otago region and its unmatched connectivity to Queenstown and Wanaka.

To be sold by Auction (unless sold prior), at 11am, Friday the 11th September 2026.

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Contact Henry Napier

Queenstown and Southern NZ Realty Ltd

Licensed REAA 2008

+64 3 450 0200   +64 21 024 64785   henry.napier@bayleys.co.nz   All Listings

Henry Napier is an Associate Director at Bayleys Queenstown and Cromwell specialising in Commercial, Industrial and Development Land sales.

Since joining Bayleys in 2016, Henry has transacted over $100m worth of commercial, industrial, and development land assets throughout New Zealand.

He now specialises in investment and development land sales equipped with a deep knowledge of the intricacies of the Queenstown and wider Central Otago market.

This blend of experience and results has produced a notable track record of record prices and yields and a reputation for being able to conclude complex and challenging transactions.

Covering commercial, industrial, development land, master planned developments, sales & leasing. If you have property requirements in these categories, get in touch with Henry.