Opportunities of this scale and calibre rarely come to market.

Set in the vibrant heart of Lake Hawea Township, 17 Parry Crescent presents an extraordinary 1.406-hectare landholding - a significant and versatile site with genuine development potential in one of Central Otago's most sought-after lakeside communities.

With 360-degree elevated views, the site commands nothing short of spectacular panoramic vistas including a full sweep of Lake Hawea to the north and deep through Cardrona Valley to the south.

Whether you are a developer seeking your next landmark project, an investor with vision, or a buyer seeking a premium lifestyle property with long term upside, this site delivers on every level.

Concept plans have been drafted for up to 23 individual lots, offering a compelling pathway for residential development.
Zoned Low Density Residential, the property is well positioned to meet the growing demand for quality housing in the Lake Hawea area, a market that continues to attract discerning buyers from across New Zealand and abroad.

With multiple access points from lakeside Capell Avenue, Parry Crescent and Noema Terrace, the site offers excellent flexibility for subdivision design and lot configuration, supporting a range of development outcomes.

Included on the property is a 2-level, 4+ bedroom family dwelling, including multi 5 car garaging, providing immediate income potential or the opportunity to occupy while development plans progress. The home provides comfortable, spacious living and takes full advantage of the sites elevated position and remarkable outlooks.

This magnificent property is for Sale by Tender, Tenders close midday 16th April 2026.

To download the property documents, please visit http://rwwanaka.co.nz/WNK31971#documents