Otira sale attracts punters online

Last updated 05:00 02/12/2013

BUY A TOWN: Two of the houses in the village of Otira that is for sale, pictured in 2010.

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For such a tiny town, Otira has generated a lot of interest.

The West Coast village - with a population of 40 - is up for sale and the property listing on Trade Me has attracted more than 45,000 views since it was listed. Owners Bill and Christine Hennah have been trying to sell the village for more than three years but are hopeful it will go this time.

Christine Hennah estimated the township - that includes 18 houses, a hall, the hotel and the fire station - was worth about $1 million.

Price was by negotiation.

The listed rateable value is $750,000.

The couple bought it in 1998 but had been unable to obtain resource consent to subdivide the land because of flooding and earthquake risk, she said.

The Otira Hotel, originally a Cobb & Co coach stop, has been on the same site since the 1860s.

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- The Press


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