GISBORNE LAND VALUES.
A RECOIiD ESTAISUSHER By Telegraph.—Per Press Association. Gisborne, January 1!. A record price was established in town property in the business area to-day, when a 21 years' lea«e of an Education Reserve, one rood, with a frontage of t'l'i feet to Oladstone road, was sold by the Land Office at an annual rental of .C7w\ The section was originally let in April, 1804, at CT'i rental. To-day's price, capitalised at "> per cent., represents £2ll per foot, or CH.flflO capital value. Tlie highest previous price in this locality was £IOO per foot.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TDN19150112.2.24
Bibliographic details
Ngā taipitopito pukapuka
Taranaki Daily News, Volume LVII, Issue 183, 12 January 1915, Page 4
Word count
Tapeke kupu
94GISBORNE LAND VALUES. Taranaki Daily News, Volume LVII, Issue 183, 12 January 1915, Page 4
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Taranaki Daily News. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in