HSBC’s Sir Keith Whitson to sell $18.8m New Zealand estate

The 14 bedroom farming estate is on the market for $18.8 million and was owned by former HSBC bank boss
The 15-year-old property which sits on 2000 acres is a private residence but was once six luxury lodges and estate
Sir Keith Whitson bought the residence in 2009 and has since added a nine hole golf course within the grounds
The estate is also a working farm with 7,500 stock units of sheep, cattle and deer
It also features a helipad, tennis courts, croquet lawn, spa, swimming pool and a gym

Jennifer Russell For Daily Mail Australia

Published:
06:01 GMT, 23 December 2015

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Updated:
06:22 GMT, 23 December 2015

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One of New Zealand’s biggest and most luxurious farming estates dubbed ‘a magnificent slice of paradise’ has been listed for sale.

The $18.8 million, 14 bedroom, luxury lodge and farm, which is owned by a British former banking boss, is now up for grabs.

The vast 2000-acre estate in Ngatimoti, near Nelson, features a nine-hole golf course, helipad, tennis court, croquet lawn and a spa.

Plush pad: A $18.8million 14 bedroom luxury lodge and farm, which is owned by a British former banking boss, is up for sale

Vast: The house is built on 2000 acres of rolling green hills and picturesque landscape, and the formal dining room boasts an impressive view of the gardens and land

One big home: The property was once operated as a luxury lodge before it was turned into a private residence in 2009. Pictured is one of the six guest suites

What more could you need: The property features a nine-hole golf course, helipad, tennis court, croquet lawn and a spa

The 15-year-old property, named Paratiho is ranked as one of the country’s top farming estates and is currently owned by former HSBC chief executive Sir Keith Whitson. The former banking boss bought the plush property in 2009, Stuff.co.nz reports.

The main residence was originally operated as a holiday destination and was once part of the highly esteemed Relais Châteaux association before it was taken over as a private resident by the Whitsons. After purchasing the pile the couple then added the golf course to the extravagant property.

As well as the stunning house and grounds, the estate is also home to a farm with 7,500 stock units made up of sheep, cattle and deer.

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The house, which has been described as ‘a magnificent slice of paradise’ on the listing, has already had interest from four ‘significant people’ according to Bayleys salesman Rob Wallace, reports Stuff.co.nz.

What a way to bathe: A luxury bathroom in the property has its own private garden area with paving stones, flowers and shutters which open, bringing the outdoors inside

Ample scope: The home is now used as a private residence but can be turned back into lodges if a buyer wishes

Great views: The residence sits within stunning grounds with perfect lawns, rolling hills and mature trees

Leafy: Pictured is one of the tree lined pathways leading to the luxury $18.8 million property near Nelson, New Zealand

Incredible scenery: The perfectly manicured lawns and gardens provide a stunning backdrop for the property, which is surrounded by hills

The couple are looking to sell the property in order to ‘rationalise their investments’.

‘There’s nothing specific, they’re retired from business and now looking just to consolidate. Less farming more playing golf,’ he told the website.

The estate is a 12 minute drive from Motueka township so although secluded, it is not isolated.

As well as being used as a private residence there is the possibility to turn the property back into a luxury lodge, as an office, manager’s apartment and large garage are all still in their original condition within the property.

Plenty of room to entertain: The luxury kitchen in the property is open plan with plenty of space for many guests

Up for grabs: The house, which has been on the market for a month, has already had interest from four ‘significant people’ according to Bayleys salesman Rob Wallace