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$40 million Pakatoa Island no longer for sale:

Summary by Ground News
John Ramsey bought Pakatoa for $4.25m in 1994 and lived there with his family when it was still a functioning hotel. He made his money from his international lamb and mutton exporter business Crusader Meats of Benneydale, 35km southeast of Te Kuiti. The island is 75 minutes by ferry, or 15 minutes by helicopter, Bayleys said.

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NZ Herald broke the news in Auckland, New Zealand on Thursday, January 11, 2024.
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