High country station

PHOTO: There are concerns over who might buy the 18,000-hectare Halfway Bay station. Source: 1 NEWS

A major high country cattle and sheep station in the lower South Island is going on the open market for the first time in nearly four decades.

The secluded 18,000-hectare station at Halfway Bay is nestled among mountains beside Lake Wakatipu, about halfway between Kingston and Queenstown.

It is only accessible by boat or helicopter.

“It’s got every recreational attribute that you can imagine… You have four major valley systems, with a world-class fly-fishing river on it,” says Russell Reddell from Sotheby’s International Realty in Queenstown.

It’s one of the largest property sales in Queenstown in 25 years.

The station can usually only be seen from a lookout directly across Lake Wakatipu; now property hunters can take a closer look.

It has been 40 years since the station was last put on the market for anyone to buy and could go for more than $50 million.