<strong>Lake Waitaki, New Zealand: </strong>A small town, built in the 1930s for workers on a nearby dam project, is now for sale.
Lake Waitaki, New Zealand: A small town, built in the 1930s for workers on a nearby dam project, is now for sale.
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<strong>Lay of the land:</strong> The property includes eight three-bedroom houses, plus parking and water rights.
Lay of the land: The property includes eight three-bedroom houses, plus parking and water rights.
Courtesy The Property Specialists Ltd
<strong>Pool, anyone?: </strong>The town also includes a central lodge with an industrial kitchen and a billiard room.
Pool, anyone?: The town also includes a central lodge with an industrial kitchen and a billiard room.
Courtesy The Property Specialists Ltd
<strong>A20: </strong>The new Alps to Ocean cycle trail, aka the A20, passes this part of the South Island.
A20: The new Alps to Ocean cycle trail, aka the A20, passes this part of the South Island.
Courtesy The Property Specialists Ltd
<strong>The surroundings:</strong> The closest town is Kurow, which only has about 300 residents.
The surroundings: The closest town is Kurow, which only has about 300 residents.
Courtesy The Property Specialists Ltd
<strong>Further afield: </strong>The town is about 220 km (137 miles) from adventure-tourism capital Queenstown and 180 km (112 miles) from college town Dunedin.
Further afield: The town is about 220 km (137 miles) from adventure-tourism capital Queenstown and 180 km (112 miles) from college town Dunedin.
Courtesy The Property Specialists Ltd
<strong>The big picture:</strong> Finding a buyer could be a challenge, as foreigners were barred from buying property in New Zealand in 2018.
The big picture: Finding a buyer could be a challenge, as foreigners were barred from buying property in New Zealand in 2018.
Courtesy The Property Specialists Ltd
<strong>The total price tag:</strong> US$2.8 million. And a better deal than a Manhattan condo.
The total price tag: US$2.8 million. And a better deal than a Manhattan condo.
Courtesy The Property Specialists Ltd