Tiny New Zealand village up for sale

The tiny town of Otira, in the Southern Alps of New Zealand, is on the market for $NZ1 million ($817,060).

The village’s owners, Bill and Christine Hennah, made the purchase in 1998 after passing through the town and “feeling sorry for it”, The Press said today.

They paid $NZ80,000 ($65,290) for the hotel, school, railway station, townhall and 18 houses.

The Kiwi couple, now in their 60s, are asking for $NZ350,000 ($285,520) for the hotel, or $NZ1 million ($817,060) for the whole lot. source