Back 116 Neplusultra Street
Off Market

116 Neplusultra Street

Cromwell Otago

3
1
3
130 m²
809 m²
House
Last sold for $880,000
Keeley AndersonKeeley Anderson, last sold this property on 18 June 2025 after 26 days on market.

Overview

Elevation, Character, and Development Potential

Buyers looking for a solid home with personality, future upside, and unbeatable outdoor spaces - this one’s for you. Whether you're an owner-occupier wanting room to spread out, a savvy investor looking to landbank in Cromwell’s Medium Density Residential Zone, or someone keen on a workshop and garaging setup, this property delivers on all fronts. Set on a sunny, spacious site, this three-bedroom home offers charm and functionality with a fresh, modern twist. Inside, you’ll find a repainted interior throughout, a brand-new switchboard, and a recently installed log burner and heat pump to keep things warm and cosy year-round. The home is well laid out with a modernised bathroom and separate w.c. off the laundry, generous living areas, and the added bonus of character-filled schist features that add timeless Central Otago flair. Step outside and you’ll love the expansive outdoor spaces - perfect for relaxing, entertaining, or future landscaping. A real highlight here is the versatile garaging: a garage located under the home, plus a separate external garage with workshop, permitted as a garage with sleepout and a separate w.c, ideal for car lovers, hobbyists, or those needing serious storage and space. With zoning that opens up future development potential (subject to appropriate council consents, of course), and a building report available on request, this property is a smart move in a fast-growing part of Cromwell. Local amenities, schools, and Lake Dunstan are all within easy reach - making this both a lifestyle and an investment opportunity. Building Report available on Request. Don’t miss your chance to secure this well-positioned gem. Contact Keeley or Niki today for full details or to arrange a private viewing.

Features

3 bedrooms
1 bathroom
3 carspaces
1 carport space
2 garage spaces
130 m² floor area
809 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Cromwell over the last 12 months, the estimated median property value of 116 Neplusultra Street is $908.5k.

Median value
$908.5k
Estimated value range
$420k - $2.31m
Median days on market
31
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cromwell. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 116 Neplusultra Street

2025
Sold
$880,000
Private Sale (EOI) on 18 Jun 2025 by Keeley Anderson, of Tall Poppy Real Estate - Otago
2022
Sold
17 Jan 2022 by Owen Joyce

Happy sellers in Cromwell

82%
82% of sellers in Cromwell reported that their sale price either exceeded or met their price expectations.

Cromwell stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 93 reviews in Cromwell over the last 12 months.

Local market activity for 3 bedroom houses in Cromwell

In the last 12 months, 76 three-bedroom houses similar to 116 Neplusultra Street, have been sold.

This represents a 2% decrease in three-bedroom houses sales when compared to the previous 12 months.

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