Nick Goodall, CoreLogic NZ research head, said the property near Queenstown sold on Thursday for $13.9m. "The highest sale price we have [this year] is 704 Malaghans Rd in Speargrass Flat, Queenstown, which sold for $13.9m on 27 June 2019. Speargrass Flat is rolling rural country near Queenstown, in the basin but with extensive alpine vistas near Arrowtown. Last year, Roberts applied to the Queenstown Lakes District Council for a resource for a helipad on his property. In April this year, Roberts asked the Environment Court to declare flights to and from his 12ha Malaghans Rd property were permitted under district planning rules.

Source: Otago Daily Times July 03, 2019 23:48 UTC