Magnates sell ‘stunning piece of NZ’ for bumper price

Halfway Bay Station is on the shores of Lake Wakatipu. (Image: Supplied)

Thu, 15 Sep 2022

By Ainsley Thomson A remote New Zealand farm has sold for more than $30 million, setting a record price for the South Island region of Queenstown which already boasts some of the nation’s most expensive real estate.Halfway Bay Station, an 18,000-hectare property on the shores of Lake Wakatipu, was sold by NZ-born mining magnate Chris Ellison and Australian billionaire Tim Roberts, said Mark Harris, managing director of Sotheby’s International Realty NZ, which brokered the transaction. While the exact price was subjec...

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