RateMyAgentGo to search
Back 22 Molyneux Avenue
Off Market

22 Molyneux Avenue

Cromwell Otago

3
1
1
112 m²
1012 m²
House
Last sold for $850,010
Keeley AndersonKeeley Anderson, last sold this property on 24 June 2025 after 50 days on market.

Overview

Subdividable Opportunity!

Developers, investors, renovators, tradies, first home buyers, and holiday home seekers - this one’s for you. Positioned in the heart of iconic Old Cromwell, this rare 1,012sqm (more or less) freehold site with approved consent for a three-lot subdivision is the kind of opportunity that doesn’t come around often - especially under new district plan rules. Whether you’re looking to build, bank, or breathe new life into a character home, this property opens the door to endless potential. Originally built in the 1960s, the home is full of charm and surprisingly spacious, featuring beautiful, raked ceilings that add volume and light to the kitchen, dining and lounge. With three large bedrooms, a family bathroom, separate toilet, a heat pump and a wood burner, the home is move-in ready while still offering scope to renovate and add value. In the meantime, you can generate holding income with rental income (its currently tenanted) while preparing for the next phase—building a new dwelling at the rear or progressing the full subdivision. With resource consent already granted for three lots, you’ve got a serious head start on a project that’s no longer allowed under the current zoning regulations. Framed by stunning schist stone fencing, the property not only offers privacy but undeniable street appeal. The flat section lends itself perfectly to a staged development approach, and savvy buyers will see the value in securing a site where the reserve contributions fall under the old regime—saving significant costs upfront. The location seals the deal. Directly opposite Molyneux Educare and just a short stroll to Cromwell Primary, this family-friendly area is rich in lifestyle. The historic Old Cromwell Heritage Precinct, nearby playgrounds, and Lake Dunstan are right on your doorstep. From cycling and walking trails to world-class wineries, there’s never a dull moment - and with Queenstown and Wānaka just a short drive away, this location combines small-town charm with big-time accessibility. Whether you’re keen to build and sell, live and landbank, or develop and hold for the future, 22 Molyneux Avenue is brimming with possibilities. Don’t let this chance slip through your fingers. Contact Keeley or Niki today to view this rare find and make your next smart move in Old Cromwell.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
112 m² floor area
1012 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 22 Molyneux Avenue 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 22 Molyneux Avenue

2025
Sold
$850,010
Private Sale (EOI) on 24 Jun 2025 by Keeley Anderson, of Tall Poppy Real Estate - Otago
2020
Sold
$650,000
Private Sale/Treaty on 18 Sep 2020 by Camille Ainsley, of Edinburgh Realty Ltd Dunedin
2020
Sold
$650,000
11 Jun 2020 by Camille Ainsley

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 22 Molyneux Avenue, have been sold.

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

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Cromwell

placeholder
Steve Cairns

Sellers who recommend Steve Cairns have praised them for being responsive, dedicated, reliable, clear communication, local expert, supportive and friendly

  •   5   (113 reviews)
  •  44 Reviews in Cromwell
  •  36 Sales in Cromwell
View profile
placeholder
Keeley Anderson

Sellers who recommend Keeley Anderson have praised them for being clear communication, local expert, friendly, responsive, well-prepared, supportive and dedicated

  •   5   (279 reviews)
  •  40 Reviews in Cromwell
  •  37 Sales in Cromwell
View profile
placeholder
Jake Lucas

Sellers who recommend Jake Lucas have praised them for being clear communication, well-prepared and supportive

  •   5   (51 reviews)
  •  41 Reviews in Cromwell
View profile
placeholder
Kate Andrew

Sellers who recommend Kate Andrew have praised them for being clear communication, local expert, friendly, stress-free process, well-prepared, supportive and pleasant

  •   5   (115 reviews)
  •  31 Reviews in Cromwell
  •  29 Sales in Cromwell
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap