Valuable Business Sites Sold
MAIN STREET ; PROPERTY Purchasmg Syndicate To Er^ct Mocfefft Birilditig BIG HASTINGS DEAL Ori iriiprirtririf pfdpefty d'eailf, irivolviiig Oharigri 6f owrierShip* 6f some of the most Valri'able business site# lii Hastings, has beeri. anriounced, fhe property concerned iri that n6w occupied by HallensteinBros. in Heretaunga street, between Market street and RaHwaar road, rind the purchrisers rife d riewiyformed syndicate krioWn as Kririhiitri Huildirigri, Ltd. Thri traifsrietio'ri irivolves the" ptlrcHas# of the lafid from HalieriSteiri Bfe#., the demdlition of fhe present WOoden Briild' ing arid it# fepla6einent By a ffioderri steel arid Building whieh tWEft b# leased By Halleristein Bros. ritia Bai#d'«> Ltd., the fatfer firm mwely extending its premises and the f6#me*f mrivitfg a f eW feet We'stWrird^ to f aK6 tn a smau shop sprice noW utilised as1- a tearooms. Inquiries made of the principals this morning confirmed the transaction, but as m&tter# Have nrit Beeri defiriifely finalised it was considered inadvisable to give the details of the financial rirrangeriierifs. It is interesting fo note that this is the second big main-streefc property deal transaeted in Hastings within the past year, for it was only a few iridntH# ago that the HaWke's Bay Eldftrtd Power Board pufchased a sit'e for it# head offices adjdirixrig tKe Mririicipffi : Buildirigs ori the* dristerri eide tif the railWay lin6*.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/HBHETR19370526.2.30
Bibliographic details
Hawke's Bay Herald-Tribune, Issue 110, 26 May 1937, Page 4
Word Count
219Valuable Business Sites Sold Hawke's Bay Herald-Tribune, Issue 110, 26 May 1937, Page 4
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