Bidding to start at less than $1 for this oceanfront property
If you're after an affordable seaside property with great views, no immediate neighbours, and within walking distance of a shop and pub, and you don't much mind the occasional wave or two sweeping through, this New Zealand land block could be just the spot.
Number 7 Clifton Road at Haumoana, Hawke's Bay, on the country's North Island, is up for auction with a reserve of just NZ$1 (93 Australian cents).
Architect Andy Coltart has owned the property and another one nearby for more than five years and had harboured aspirations of one day starting a seaside restaurant, but after years of dreaming he has come to the sad realisation that the plan won't pass the "sanity test".
In short, the odds of getting all the various permits and consents required to get his dream off the...