QUEEN STREET RATING
CONSIDERED BY TRUST TO BE TOO HIGH.
REVALUATION SOUGHT.
“Queen Street is grossly over-rated,” stated Mr H. H. Daniell at yesterday’s meeting of the Masterton Trust Lands Trust. He suggested that the time was opportune for getting the rates based on the true unimproved value, and it was agreed that action be taken along the lines suggested by Mr Daniell. Mr Daniell contended that office spaoe in Masterton was over-built. He said that there was some thirty or forty per cent more office space than was required. He. gave many instances of the extent to which unimproved values had risen. Mr Daniell considered, and other members also agreed, that the time was ripe, in view of the damage to Trust properties on account of the recent earthquakes, for representations to be made for revaluations.
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Wairarapa Times-Age, 13 October 1942, Page 2
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137QUEEN STREET RATING Wairarapa Times-Age, 13 October 1942, Page 2
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