A 15ha-plus estate in Queenstown sold earlier this year for more than $40 million — making it New Zealand’s most expensive house of all time.
Queenstown agent Hamish Walker, of Walker and Co Realty, declined to identify the buyer or seller involved in the deal.
"I prefer to keep these sales under the radar, which is why people use my company."
OneRoof understands the sale will not be settled for some time, and that part of the land can potentially be subdivided.
The sale price eclipses the previous record of $38.5m, which was set in 2013 for the former Hotchin mansion in Orakei, in Auckland.
