Early America’s Cup interest in seaside land

  • Fresh from losing the America’s Cup, billionaire Larry Ellison and his syndicate Oracle Team USA look set to want a crack at winning it back.

The Herald on Sunday has learnt that representatives for Ellison – and other syndicates set to contest the Cup in four years – are looking for property in the Auckland area.

The wealthy syndicates have serious money, and want big, luxury properties with sea views of the Hauraki Gulf, where racing may be held.

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The property at 205 Church Bay Road, Waiheke Island with a capital valuation of $16m. Photo: Graham Wall Real Estate

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