Historic site sold

Press, Volume CXIV, Issue 33455, 9 February 1974, Page 14

Historic site sold

I (A'.Z. Press Association) AUCKLAND, Feb. 8. I, A historic part of Paihia. I in the Bay of Islands, was 1 sold in Auckland today for I i more than $115,000. The land, 11 a half-acre section on the) waterfront, was part of the i estate of the late Mr V. H. i Reed. )s

The section, with a 54-1? year-old house on it, origin- |t ally belonged to the Church (I Missionary Society. The!' Paihia mission station was f established on it by the Rev. r Henry Williams in 1823. On ' one side stands St Paul’s s Anglican Church, the stone building built in 1923 to 1 (commemorate the founding i (of the mission station. The property was sold by t negotiation for a price “in 1 excess of $115,000” after a i bid of $97,000 failed to reach < the reserve price at auction, i It was bought by an agent 1 for a newly-formed Auckland company. The property is zoned resi-!. dential with any develop-!, ment other than housing de- [’ pendent on local body ( approval. The sale is seen as setting a standard for future | property sales in the Bay of Islands. i Heater p r o d u c- l Ition.—Manufacturers of oil-' (burning home heaters have! (been told that they face]] ■phasing-out of production.] 1 [This was conveyed to the; 1 Oil Fuel Institute by the! 1 Minister of Energy Re-] 1 sources (Mr Freer), with an! 1 offer of finance assistance toj (enable manufacturers to per-;) I feci adaptation of units to]< other fuels, such as natural]' Igas.— (P.A.). 1