Pakatoa Island

PHOTO: BAYLEYS Pakatoa Island has been on the market for 25 years.

Hey, has anyone got a spare $40 million I could borrow? There’s an island I desperately want to buy.

It’s called Pakatoa and it sits like a jewel in Auckland’s sea green crown, between Waiheke and Chamberlins​ Island in the Hauraki Gulf, just a 75-minute boat ride from the city centre.


Wellington City Mission

Wellington City Mission takes over night shelter


Owned by Kiwi businessman John Ramsay, of Crusader Meats fame, the island has been a resort, a party centre, a rehab retreat for alcoholic women and a private family get-away for the Ramsay family.

It’s also been on and off market for 25 years, according to the current agent, and I can’t for the life of me figure out why.