Population Up To 5200 By Year's End?

Taupo Times, Volume XIV, Issue 50, 29 June 1965, Page 2

Population Up To 5200 By Year's End?

By the end of 1965, Tuj rangi would have a popu- | lation of approximately | 2500, and from 6000 to 8000 in 1968, says the Commissioner of Crown ! Lands, Wellington, Mr V. ! P. McGlone. ! It was difficult to predict what would he the permanent population when hydro construction was completed, but it had been estimated that some 3000 could remain in the township. There would be a shopping centre, he said, approximately 1200 feet of frontage being allocated for building shops straight away. The area.s now being olfered included a special commercial zone near the shopping centre for motor vehicle showrooms, service stations or other busines.ses or offices dealing directly with the public. Other land for sale, zoned Industrial A, called for trades and industries, such as laundries, bakeries, milk processing and distribution, garages, tradesmen's workshops, wood and coal yards, warehouses and storage yards. The demand for all these services was expected to expand rapidly, Mr Glone said, and applications oouid only be considered from people or firms able to finance, erect and open a business without delay. As soon as allocations had been decided by the Land Settlement Board, the price of each site would be decided, he said. No firm indication of values could be given, but as a guide it was expected that for average sites, the cost could be in the vieinity of £50 to £75 per foot frontage for a s'ite with a depth of 100 feet in the commercial area, and £20 to £25 per foot frontage for a site with a similar depth in the Industrial A area. Successful applicants would be offered an initial

start building during that period, he said. As soon as it had begun, the initial tenancy would be terminated and a pennanent title granted, either by a freehold title for cash, by deferred payment, minitnum deposit 10 per cent. of the purchase price, over 30 vears, or by a 33-year renewable lease. Applications close with the Commissioner of Crown Lands, Wellington, on July 12.