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.

Commanding 360-degree elevated views, the site delivers spectacular panoramic vistas including a full sweep of Lake Hawea to the north and deep into the Cardrona Valley to the south.

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

If you can think outside the box, the options here are extraordinary:

Purchase the land in its entirety
Acquire only a portion of the land
Subdivide the land
Subdivide off the existing dwelling

Our vendor is creative, flexible, and genuinely open to ideas - it's your call.

Concept plans have already 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 beyond.

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 wide range of development outcomes.

The property also includes a substantial 270m², two-level, four-plus bedroom family home with multi-vehicle garaging for five or more cars - providing immediate income potential or the opportunity to occupy comfortably while development plans progress. Spacious and well-appointed, the home takes full advantage of the site's elevated position and its remarkable outlooks.

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