It's the luxury New Zealand estate that has been on the market for more than six years. During that time there have been multiple offers, but all have fallen through for some reason or another.
But at 4.01pm on June 20, the owner of Te Rere Cove at 205 Church Bay Rd on Waiheke Island the owner will be putting up a sold sign.
Agent Ollie Wall, who is marketing the property along with his father Graham Wall, says various attempts have been made to sell the island retreat, the latest being a a battle of the bands style contest between agents that ended in the property passing in at auction after an offer of $18.5 million was made.
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David Parkinson, the British born-businessman who developed Te Rere Cove with his wife Dee Crawford, had invited top agents from each of the big Auckland agencies to list the property in a bid to finally secure a sale.
The hook was he would only pay commission to the agent who brought in a successful buyer.
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That was November. Now the Walls are the sole agents for the property and the instructions to sell are clear.
"We are strict instruction from the owner that this property must be sold and will be sold at this final tender," says Ollie Wall.
Parkinson said year that he had the property valued by Andrew Buckley of Seagars "and it came out at $24 million, conservatively".
The house was designed in an early New Zealand colonial style by Waiheke architectural designer Bryce Ardern.
The interior features French oak, limestone sea shell tiles and granite with decor styled by interior designer Anna Desbonnets.
The ground floor has family living, designer kitchen, art gallery, alfresco dining area, conservatory, indoor heated swimming pool,home theatre and air conditioning.
Upstairs in the main house is a master bedroom suite with balcony, two en suites and dressing rooms, kitchenette and a concealed library/TV snug.
Parkinson first put Te Rere Cove to market six years ago, not long after it was built, and has listed it with many agents over the years.
He said last year that he had found the amount of time it was taking to sell the property hard "but not everyone has got $20 million in the pocket".
Find out more about Te Rere Cove here.
