Will GPS + Cellular model function as GPS-only if purchased from Australia but used in New Zealand?

I am keen to purchase the Stainless Steel version of the Apple Watch Series 5 however, stainless steel versions aren't available in NZ. If I purchase a Stainless Steel model (which happens to only have Cellular) from Australia and send it to me in NZ, will it function just the same as if it were a GPS only model? I don't mind not having the cellular capabilities, as I am only after the Stainless Steel variant. I would hate to purchase it from Australia and have it be region locked to Australia and it not work in NZ or something to that effect.

Thanks!