CITY AND SUBURBAN PROPERTIES
RESERVES NOT REACHED. There was a fair attendance at the la.nd sale conducted yesterday at the Dominion Farmers’ Institute by Horace Baker, Ltd. The first property offered was a city block of 23.16 perches, having a frontage to Martin Square of 66ft., with one twostory and two single-story dwellings, ;and backing on to a frontage to Raining Street of 33ft.. with two single-story dwellings. The property is subject to a mortgage of £l5OO, and bidding started at this figure, but as the best bid was below the reserve, the property was passed in. The block was then offered in lots, but £6OO was the highest bid forthcoming, and again no business resultedSuburban properties and residences at Day's Bay. Lowry Bay, Berhampoie, Kelburn. Mount Victoria Petone, and Belmont were also offered, but as *he bld; ding in no case reached the vendors ideas of values, no sales were made. A section of 1 rood 18.9 P p rclies with bungalow of four rooms, on the Belmont Park Estate, was passed tn at £lOOO. There was no bid for a bungalow of eight rooms overlooking the tennis courts in Koromiko Road, Day’s Bay.
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Dominion, Volume 20, Issue 47, 19 November 1926, Page 5
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195CITY AND SUBURBAN PROPERTIES Dominion, Volume 20, Issue 47, 19 November 1926, Page 5
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