The N.Z. Times says that the sale of the allotment of land upon which the New Zealand Steam Shipping Company’s offices aro situate, attracted a large number of capitalists at IVtr Vennell’at rooms. The property was started at £2OOO, Mr Jacob Joseph’s offer, and Mr George Hunter ran it up to double that sum. Mr Charles Brown advanced £IOO, and at his not! tiroproperty- fell. It is understock! he bought it for Messrs Joseph Nathan and Go. It maybe interesting to note that the property was sold at the rate of £lO2 10s a foot, or nearly £70,000 per acre. This may be fairly taken as an indication of. the increasing value of business sites in this city.
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Bibliographic details
Patea Mail, Volume II, Issue 128, 1 July 1876, Page 2
Word Count
118Untitled Patea Mail, Volume II, Issue 128, 1 July 1876, Page 2
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