Episode Details

A historic five-bedroom villa in Akaroa, New Zealand, once a beloved journalist retreat since 1967, is now up for auction at $725K — a rare chance to own a piece of local history. Managed by the Corboy House Trust for the E Tū union, the property is falling apart financially and physically, forcing a sale to find a more sustainable future. Despite its dilapidated state, interest is soaring as Akaroa becomes a hotspot for holiday homes, especially as people flee pricier towns like Queenstown. With rising costs and dwindling funds, this iconic home symbolizes a broader struggle — preserving heritage while navigating economic pressures.

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