Karl Reipen’s coastal estate for sale for $8.5 million

  • A piece of prime New Zealand coastline has attracted strong international interest on the property market.

Controversial German millionaire Karl Reipen has his 220 hectare Awakino Estate up for sale for $8.5 million.

The land, which borders the Awakino River and runs along the coast, has been used by Reipen to breed and train German dressage horses.

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Rob Tucker/Tucker Media
A slice of coastline just north of Taranaki could be sold to overseas investors.

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