Artist's impression of a Paragon Model Two on a section in Cromwell Gorge — Artist's impression

Cromwell Gorge, Central Otago

13 Lowburn Terrace

Section of 3,022 m², with a Paragon Model Two.

2 bed
1 bath
63 m² home
3,022 m² land

Brand new

Warm, dry and built to NZS 3604. Nothing to fix.
One price

Section, home and site work, on one home loan.
Built in Ohoka

Your home is built while the section settles, then trucked in.
Low deposit

New builds sit outside the Reserve Bank deposit limits. Ask your bank.

The section

Land: Section
Size: 3,022 m²
Asking: By negotiation
Listed: 23 October 2026

Listed by

Harcourts Cromwell

See the listing

How it works

1 Secure the sectionWith the agency, before it sells.
2 Plans and consentReady, so the bank can see what gets built.
3 One home loanSection and home together.
4 We build and deliverBuilt in Ohoka, then trucked in and connected.

Section, home and site work

$803,700

Section (our estimate): $545,000
Model Two, premium: $183,000
Site work and transport: $75,700

Use it as

RentalHoliday letMy home

Deposit 20% Interest rate 4.99% Rent a week $540 Nightly rate $308 Nights booked 47% Weeks you use it 0

	Paid off	With a mortgage
Rent, a year
Running costs
Mortgage	$0
Left a year

Return, paid off

With a mortgage, a week

Enquire about this one

Example figures. 30-year home loan. Not financial advice.

More in Central Otago

All holiday homes

Artist's impression of a Paragon Model Two on a section in Alexandra

Holiday homes Artist's impression

Alexandra, Central Otago

269 Dunstan Road

$803,700

Section $545,000 · Model Two $183,000 · Site $75,700

2,000 m²
2 bed
1 bath
63 m²

Holiday let, a year, paid off

+$28,429 3.5%

With a mortgage, 20% down

−$12,914

Artist's impression of a Paragon Model One on a section in Cromwell

Holiday homes Artist's impression

Cromwell, Central Otago

26 Stone Drive

$795,700

Section $545,000* · Model One $175,000 · Site $75,700

3.3 ha
1 bed
1 bath
56.7 m²

Holiday let, a year, paid off

+$23,340 2.9%

With a mortgage, 20% down

−$17,591

Artist's impression of a Paragon Freedom 90 White on a section in Lowburn

Lifestyle Artist's impression

Lowburn, Central Otago

23 Thelma Place

$915,700

Section $545,000* · Freedom 90 White $295,000 · Site $75,700

4,285 m²
2 bed
2 bath
89.95 m²

Own it, a week

$1,030

Rent here, a week

$621

Sections are real listings from harcourts.net as at 27 October 2026. Where a section has no asking price, the sums use the middle price for the area (marked *). Totals add the home and $60k site work (foundations, consent, services) plus transport from Ohoka. Mortgage is one home loan at 4.99% over 30 years. A year's figures allow 2 empty weeks and a letting agent for rentals, 35% of takings for holiday-let costs, rates, $2,000 insurance and upkeep; rents and holiday figures are area estimates. Home images are artist's impressions. Not financial advice.