Rural property boom reflected in NZ
It looks as if the big money being paid for rural property in Australia is being reflected across the Tasman.
Wednesday, September 22nd 2004, 6:41AM
by The Landlord
A so-called fishing and hunting 'ranch' on New Zealand's North Island is on the market for US $40 million.
The 6,000 hectare estate is a holiday destination for Hollywood stars and world leaders, who pay US $900 a night to stay there.
But the owner's representative, Andrew Johnson, says there haven't been any Australian bids yet.
Read More
- Opens in a new window
Commenting is closed
www.GoodReturns.co.nz
© Copyright 1997-2024 Tarawera Publishing Ltd. All Rights Reserved