For honestly not that much more than the price of a run-down shoebox in Sydney‘s inner west, you could be the proud owner of a tiny, tiny town on New Zealand‘s South Island.
The entirety of Lake Waitaki village has been on the market for two years so far, but has been getting a lot of international interest after The Guardian ran a profile on the now-deserted piece of real estate.
Built in the 1930s to house people working on Waitaki Dam, it was once called home by 2000 people according to Stuff. Now, it consists of a lodge, a restaurant, eight three-bedroom houses, and a nine-car garage.
One Agency real estate agent Kelli Milmine told Stuff that they have received plenty of offers, particularly recently, but no one has so far offered the asking price:
We are just waiting for the person who is going to pay the asking price. We have had global offers, but we have not been able to take it further. And that asking price is what it will take of the owner to move on. In the meantime he is quite happy to stay.
Overseas buyers are also hindered by laws in New Zealand that prevent non-residents from purchasing property in the country unless they plan to use it as their main residence, living there at least 183 days of the year.
The owners are asking for $2.8 million NZD, which is just over $2.5 million Aussie dollars. Probably doable if you ask, say, 250 of your mates to chip in. You can view the listing here.
[jwplayer gvkTjsCy]
