$1 Million For the Whole Town

By Jordan H • November 11th, 2010

NZ This holiday season, you just may find yourself faced with that age-old question… What do you get the person who has everything? How about a coastal village in New Zealand? That’s right. There’s one for sale.

The town of Otira in New Zealand is on the market for $1 million.

In 1998, Bill and Christine Hennah bought the small village, including its hotel, railroad station, municipal buildings and eighteen houses (that’s all of them) for just $80,000. At that time, the town had a population of eleven.

Since then, the Hennah couple put in work on the hotel and rented out 14 of the buildings.

Photo Credit: Odee

 

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