BIG LAND SALES.

Auckland Star, Volume XLV, Issue 138, 11 June 1914, Page 2

BIG LAND SALES.

£200,000 IN A MONTH. PROGRESS OF NORTH AUCKLAND. Two large transactions in land, -which tv ill have an important influence on tbe North Auckland district, have just .been concluded. The Okuhnkura Estate, nn 'if X iipara Harbour, has been pur-clia-cd by the Hon. .1. I), (lrmond. of ll.iwke's'Bay. The -ale covers 10.000 .act'L's nf land and the stock. Messrs. 'S. 'Mviude'ao' Jiicksoti. .tiid Co. acted for tl'c vendors, and Messrs. Ruddock for ' it" [un'chaser. Messrs. .l-aekson and i ... have also sold the well-known Kerb krri Kstjtte, a! the Buy of Islands, on i.clialf of Mt. Han.hi Itn'll. to Mr. (icorire lii Idell. of St. llclicr's Bay. and for--ttt-t-Iv -nf-Ta.T-.innki. 'Pile includes Iti.OOO acres, and the transaction iil-u.covered the stork. Each of these : r.itis.fri ions ran into over C 60.000, l:i.' Kcrikeri Estate was purchased for tli" purpose of cutting up into fruit f-jrijun. and summer and winter homes for ir: v men.' During the month the same lirrn disposed of Mercury Island (4.000 .i.i'-.) tcj Mr. KidiJcll;' the M'aimate N'i.rih Estate of -2.41)0 acres to Messrs. Liii.lo l-'crgnson and Acton-Adams, of Dunclin: n.ntlO acres ~f the Motatau Hlock. Kaikohe. to Mr. V. W. Hertzel. of Hastings: £.1000 worth of the Whare;i;..i L-aaac. on the Aucklaiid-Ilclcns-villc line, lo .\l.r. (ieorge T. Bailey: and several town sections at Kaikohe. the deals representing a total for the month of over £200.0(10. Owing to the competition of the Southern people, tberc is .i keen demand for the class of property menttoned above, and Auckland province j.. aw tiitfr-itv. -feill share of the money Tii.i; is changing hands.