Otago Central Rail Trail Trust chairwoman Kate Wilson said the trust was "thrilled'' enough money had been raised to buy the station before today's purchase agreement deadline.
The trust welcomed the final financial contributions from people across New Zealand and overseas.
Department of Conservation Central Otago operations manager Mike Tubbs said the department gave money yesterday because the station was "important'' rail heritage and once it was refurbished would add "real value'' to the trail user experience.
"Doc saw merit in contributing to secure the purchase, as it is one of our most important visitor sites and is highly valued in our community.''
Mrs Wilson said after the fundraising target was met, the Combined Lions of Central Otago gave money, which would be used to make the station building secure and would result in it being open sooner, most likely for the next trail season.
Mrs Wilson said now the money was raised, the trust had shifted its focus to working with the community on ways to use the station, such as an exhibition space, information area and museum.
The upgrading of the wagons was a priority and the trust would work with the Rail Heritage Trust of New Zealand to advance the work.
"We are very fortunate to have special supporters who value the trail and its amenities and we thank them sincerely,'' Mrs Wilson said.
