An Entire Island for Sale: Slipper Island Expected to Change Hands for Over $10 Million
It is not every day that an island goes on the market. But Slipper Island — a 210-hectare private island sitting off the Coromandel Peninsula in the Hauraki Gulf — has been listed for sale, and the price guide has been set at more than ten million dollars. It is, real estate agents have confirmed, one of the most unusual and significant property listings in New Zealand this year.
The island comes with a functioning lodge, three self-contained chalets, and two safari-style tents, all of which have historically been used to host private guests and small group getaways. It also has its own airstrip — a practical necessity when your property sits in the middle of the sea — along with a boat landing, freshwater supply, and enough land to support low-intensity grazing.
“There is nothing quite like it on the market anywhere in New Zealand right now. You’re not just buying a property — you’re buying a place apart from the world.”
The listing agent described the island as being in good structural condition but acknowledged that any new owner would likely want to invest significantly in modernising the accommodation and infrastructure to meet current hospitality standards. The guide price of over ten million dollars reflects the rarity of the asset rather than any imminent revenue stream.
Overseas buyers face restrictions under New Zealand’s Overseas Investment Act, meaning the most likely purchaser is a New Zealand-based individual or entity. High-net-worth buyers from Auckland and Waikato have already expressed interest, according to the listing agents. For whoever ends up with the keys — and however many they are — Slipper Island is the kind of purchase that does not come along twice.
