65-67 Melmore Terrace Cromwell

Property ID:3F4H8G

Property Snapshot

Yellow background images
  • Area: 1130m2

Front row Location Freehold

65-67 Melmore Terrace Cromwell

Property Snapshot

Yellow background images
  • Area: 1130m2

Victoria Arms Hotel, Central Otago is a well known place to go to in the historical part of the Cromwell Heritage Precinct. The property is freehold and the business is currently leased with the rights of renewal and is showing good returns with the current tenant in place.
The Hotel has got a fantastic bar and entertainment area, along with a 13 machine Pokies room and a pleasant outdoor area so that you can relax and take in the views overlooking Lake Dunstan.
The restaurant has seating for up to 100 people, there is accommodation incorporating 7 rooms, also separate manager accommodation. Upstairs is a Conference Centre offering views across the lake and to the mountains beyond. A lot to offer here with a land size of 2411m2 and a capital value of $1.4million. This is a good returning piece of real estate in a prime location.

To view all our listings please go to our website www.cromwell.ljhooker.co.nz (copy and paste link into your browser) or call us if you would like to receive new listings by email - 03 445 1261.

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Locality Guide - Cromwell

Location Description

HISTORIC CROMWELL FLOURISHING IN CENTRAL OTAGO

History abounds in Cromwell with old mining sites only a short distance from town. Gold was discovered here in 1862 and brought an influx of several thousand miners to the area. As gold ran out, Cromwell became the service centre for an extensive farming and fruit growing area. Old Cromwell Town is an historic reconstruction of the flooded Melmore Terrace and is a great way to discover the early beginnings of Cromwell.

With an area of 26.4 square kilometres Lake Dunstan offers with a splendid recreational playground for fishing and boating enthusiasts and activities suited for the family. The future for Cromwell is in farming, horticulture, viticulture and tourism. Cromwell is known as the 'Fruit Bowl' of the south. It has a strategic location between the Lindis and the Haast Pass, and acts as a hub between the towns of Wanaka, Queenstown and Alexandra.

Cromwell has a population approaching 4,000 people and is rapidly growing, has wide-reaching potential and is becoming more popular each year. It is 220m above sea level and has an average of 2200 hours of sunshine each year. Temperatures range from -10 degrees to 37 degrees C, and the average annual rainfall is only 400mm.

Visitors Centre

The Cromwell Information Centre
47 The Mall, Cromwell
Phone: (03) 4450212
www.centralotagonz.com

Attractions

  • The Crowell Information Centre and Museum.

  • 47 The Mall Cromwell.

  • Bannockburn, once the centre of a thriving and successful gold mining industry.

  • Old Cromwell town Historic Precinct currently being restored and reconstructed.

Facilities

Cromwell Public Library, information centre, Museum and shopping centre are all situated in the Mall.

Cromwell offers a variety of dining out places including Restaurant and wine tastings at local vineyards, hotels and cafes.

Transport

Cromwell Information Centre.

Intercity , Atomic shuttles, Southern Link, Wanaka connections, catch a bus and shuttle companies.

Community

  • Cromwell Resource centre, country women’s institute, town and country club.

  • Dunstan Hospital, Clyde.

  • Cromwell Medical Centre 33 The Mall.

  • Cromwell Physiotherapy 11 Kerry Court.

  • Central District council 42 The Mall.

Pre-Schools

Cromwell Preschools:

  • Cromwell Early Learning Centre
    53 Monaghan Street
    ph: 03 4450095

  • Cromwell Kindergarten
    25 Gilling Place
    ph: 03 4450530

Primary Schools

Cromwell Primary Schools:

  • Cromwell Goldfields Primary School
    Gilling Place
    ph: 03 4450326

  • Cromwell Primary School
    Molyneux Ave
    ph: 03 4450264

Secondary Schools

Cromwell College
Barry Ave
ph: 03 4451121

Tertiary Schools

Central Otago Training Services
38 Blythe Street, Cromwell
ph: 025 338982

Sport

  • Cromwell has an excellent golf course close to the town centre, squash, tennis hockey and bowling clubs.

  • Swimming centre open from Labour weekend to Easter.

  • Lake Dunstan provides excellent fishing sports, boating.

  • Cromwell is central to four ski fields, most reasonably priced accommodation and makes it an excellent place to use as a skiing base.

Recent Sales around Cromwell

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Contact the Agent

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CUSTOMER CARE

0800 447 060

Recent Sales in Cromwell

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