Volcano crater for sale

Fancy owning your own volcanic crater? One is for sale in Mangere.

Pukaki Lagoon Explosion Crater is between 80,000 and 100,000 years old and is being sold as part of a 62.3-hectare property on Pukaki Rd.

A lake existed in the crater between 70,000 and 80,000 years ago and it was also used as a speedway circuit in the 1930s.

The sale includes 26 hectares of freehold land circling and sloping down to 36.3 hectares of leasehold land containing the crater, which has been farmed in conjunction with the surrounding freehold land.

The Prangley family has owned the freehold land since the 1940s and has a lessee's interest in the lagoon crater land under a perpetually renewable lease from the Pukaki Maori Marae Committee.

Pukaki Marae is on the crater rim.