Iconic high country station stays NZ-owned

Last updated 07:16 15/07/2014
Kawarau River Station has 14km of river frontage with the Kawarau River and rises up the northern slopes of The Remarkables Range to the Remarkables skifield.
Supplied

REMARKABLE: Kawarau River Station has 14km of river frontage with the Kawarau River and rises up the northern slopes of The Remarkables Range to the Remarkables skifield.

Relevant offers

Agribusiness

Future dairy demand to be shadowed by more meat consumption As bumper harvest begins, avocado prices come tumbling down Marlborough vets recount tales from dedicated profession Pomahaka farmers step up river clean-up Benny wins NZ-China journalism award German dairy farmers struggle through milk slump Labour summit 'first step' to solving issues associated with growth of Marlborough wine industry Ballance returns $30m to shareholders, down on last year Farmers struggle to lift confidence as outside markets and politics weigh heavily Brothers-in-arms at the sheep breeding frontline

The ownership of this iconic Queenstown high country property is staying with New Zealanders.

Kawarau River Station, 1826ha on the northern face of the Remarkables Range, has been sold at mortgagee auction for $8.05 million.

It was bought by Queenstown Farm Ltd, a company associated with the Porter brothers, developers of Queenstown's Remarkables Park and Shotover Park and the company behind a proposed convention centre in Frankton.

The station has 14km of river frontage with the Kawarau River and rises up the northern slopes of The Remarkables Range to the Remarkables skifield.

Ad Feedback
Special offers

Featured Promotions

Sponsored Content