A rundown, almost-derelict home has fetched $5 million thanks to its clifftop views of the Hauraki Gulf.
Owned by the same family for 106 years, the home had not been lived in recently and was weather-beaten and vacant.
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But that didn't stop a developer snapping it up for $5m, listing agent Colleen Mangnall from Prestige Real Estate told media outlet Stuff
"A developer plans to remove the old house and build two dwellings," she said. "So (we have) happy purchasers and happy vendors."