Bannockburn Road

Cromwell | Otago

The Heart of

Urban Living

View Photos Watch Film 360° VTour Open House

Justine Burke

Presented At

$2,450,000

Bedrooms

Bathrooms

Living

4,869

SQFT

Fireplace

Office

Stone Countertops

Washer Dryer

Fitness Center / Gym

Bar

Kitchen island

Walk In Closet

Terrace

Garage

Pergola

Outdoor Living Space

Parking

Garden

Vineyard / Winery

Outdoor Kitchen

Mountain View

81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand. - Photo 1

81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand. - Photo 2

81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand. - Photo 3

81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand. - Photo 4

81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand. - Photo 5

81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand. - Photo 6

81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand. - Photo 7

81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand. - Photo 8

81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand. - Photo 9

81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand. - Photo 10

81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand. - Photo 11

81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand. - Photo 12

81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand. - Photo 13

81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand. - Photo 14

81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand. - Photo 15

81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand. - Photo 16

81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand. - Photo 17

81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand. - Photo 18

81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand. - Photo 19

81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand. - Photo 20

81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand. - Photo 21

81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand. - Photo 22

81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand. - Photo 23

81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand. - Photo 24

81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand. - Photo 25

81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand. - Photo 26

81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand. - Photo 27

Bannockburn Road

Cromwell | Otago

81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand. , Cromwell , Otago

Modern Living, Endless Opportunities

We are proud to present this 348 sq m much-loved four-bedroom, two-bathroom freestanding family home, perfectly placed on a premium block. Elegantly styled with modern décor throughout, the home is beautifully presented and ready to enjoy.

All on one level, the thoughtful layout includes three large living areas, offering exceptional indoor/outdoor flow, extensive glazing to capture superb alpine views, and an abundance of natural light. The substantial kitchen is truly the heart of the home, allowing the chef to connect with family and friends while taking in the surrounding mountain vistas.

Multiple patios extend from the living areas, providing inviting spaces to relax, entertain and admire the incredible outlook. A covered alfresco dining area offers shelter and comfort, making it perfect for year-round enjoyment. The large, flat lawn is ideal for children to play or for hosting gatherings with family and friends.

Accommodation includes four double bedrooms, with the primary suite featuring a walk-in wardrobe, en-suite, and direct garden access. A family bathroom with bath, plus a versatile office or gym, add to the home’s functionality. The current owners have also successfully run part of the home as an Airbnb, providing an attractive income stream for prospective buyers.

Practicality is well catered for with a double garage, ample off-street parking, and an impressive 103 sq m shed complete with an attached one-bedroom sleepout – perfect for guests, extended family, or additional income potential.

This property offers the ideal blend of lifestyle and convenience, just moments from Cromwell’s vibrant town centre, shops, cafés, and amenities. Whether you’re seeking a spacious family home, an income opportunity, or a high-quality holiday retreat, 81 Bannockburn Road is a rare prospect not to be missed.

Exterior

Property

Gallery

3D Street View Tour

Property Location

81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand., Cromwell Otago

Local Weather & Climate

Cromwell, Otago

Current Conditions Updated recently

51 °F

Clear sky

Feels Like 50°F

Humidity 91%

Wind 1 mph

Visibility 6.2 mi

Sunrise 6:45 PM

Sunset 6:55 AM

5-Day Forecast

Fri 20 Mar

Clear

High 56°

Low 51°

Sat 21 Mar

Clouds

High 70°

Low 50°

Sun 22 Mar

Clouds

High 69°

Low 51°

Mon 23 Mar

Clear

High 73°

Low 52°

Tue 24 Mar

Clouds

High 73°

Low 53°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Cromwell?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

NZ$

Down Payment

NZ$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Ready to explore financing?

Connect with trusted mortgage partners

Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for New Zealand. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on New Zealand tax year 2025 (fiscal year: April-March), rules effective from 2021. Tax laws change frequently and may have been amended since this data was compiled.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$2,450,000

81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand.

Cromwell, Otago

5 Beds

View All Photos

Market Opinion

View prices in:

Our perspective on current market conditions in Cromwell. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis

International luxury real estate typically appreciates steadily over time.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $245,000,000 20% down ($49,000,000)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$21,053/day

Your home may appreciate while you sleep

$147,774/week $640,356/mo $7,684,270/yr

$100K Investment Comparison (10 Years)

Real Estate (Leveraged)

$281K

S&P 500 Index

$259K

High-Yield Savings

$155K

Real estate leverage: potential 8% advantage over stocks

-$134.8M

+$191.2M

$191.2M Potential Equity

vs $134.8M lost to rent over 10 years

$49.0M Down Payment Growth

3.9x

10yr

$191.2M

8.1x

20yr

$395.9M

12.6x

30yr

$618.8M

Wealth Comparison

×1,473

Equivalent to 1,473 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $618.8M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

15.3

years

Optimistic

4.62% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $288.5M +18%

Market $333.6M +36%

Optimistic $385.0M +57%

$191.2M est. equity

20 Years

Conservative $339.8M +39%

Market $454.4M +85%

Optimistic $605.0M +147%

$395.9M est. equity

30 Years

Conservative $400.2M +63%

Market $618.8M +153%

Optimistic $950.8M +288%

$618.8M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand have?

This house at 81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand features 5 bedrooms with 4,869 square feet of living space.

What is the size of 81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand?

This property offers 4,869 square feet of living space.

What is the listing price for 81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand?

This property is listed at $245,000,000, which equals $50318 per square foot.

Is now a good time to buy a home in Cromwell?

Based on current market indicators, Cromwell shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What type of property is 81 Bannockburn Road, Cromwell, OTA, Cromwell, Otago, New Zealand?

This is a house located in Cromwell, Otago. The property is situated in an established neighborhood with convenient access to local amenities and services.

Brokerage: