NEW ZEALAND VILLAGE ON SALE FOR £1.4M AFTER BEING ABANDONED THREE DECADES AGO.

Lake Waitaki has struggled to survive in the face of urbanisation.

In London it might get you a flat in Chelsea, but in New Zealand £1.4m can buy an entire village.

Located on the South Island, Lake Waitaki village is up for sale, with its eight three-bed homes, 14 hectares of land, a restaurant, lodge and garages all included; the new owner will also get water rights.

The village sprang up to accommodate dam workers in the 1930s but has been largely abandoned since 1989, when the dam system was automated, eliminating tens of jobs.

By Helen Coffey.

Full story at Independent.